Church & Dwight Co., Inc. (NYSE:CHD) is Board of the Pension Protection Fund's 10th Largest Position

Board of the Pension Protection Fund boosted its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 60.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,800 shares of the company's stock after buying an additional 3,700 shares during the period. Church & Dwight makes up 1.2% of Board of the Pension Protection Fund's holdings, making the stock its 10th biggest holding. Board of the Pension Protection Fund's holdings in Church & Dwight were worth $1,079,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. IAG Wealth Partners LLC grew its position in shares of Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock worth $30,000 after buying an additional 130 shares during the period. Versant Capital Management Inc grew its holdings in Church & Dwight by 42.1% in the first quarter. Versant Capital Management Inc now owns 378 shares of the company's stock worth $42,000 after purchasing an additional 112 shares during the period. Bernard Wealth Management Corp. bought a new stake in Church & Dwight in the fourth quarter valued at $40,000. Banque Transatlantique SA acquired a new position in shares of Church & Dwight during the fourth quarter valued at about $46,000. Finally, NBC Securities Inc. bought a new position in shares of Church & Dwight during the 1st quarter worth about $61,000. Institutional investors own 86.60% of the company's stock.

Insider Activity

In other news, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $99.00, for a total transaction of $1,451,340.00. Following the completion of the sale, the director now directly owns 13,747 shares in the company, valued at approximately $1,360,953. This represents a 51.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Richard A. Dierker bought 7,950 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average cost of $94.66 per share, for a total transaction of $752,547.00. Following the completion of the purchase, the chief executive officer now directly owns 16,358 shares of the company's stock, valued at $1,548,448.28. The trade was a 94.55% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 50,575 shares of company stock valued at $4,910,586. 2.00% of the stock is currently owned by insiders.

Church & Dwight Price Performance

Shares of Church & Dwight stock traded down $0.13 during trading on Friday, hitting $94.84. 3,093,647 shares of the stock traded hands, compared to its average volume of 1,764,965. The stock has a market cap of $23.36 billion, a price-to-earnings ratio of 40.71, a PEG ratio of 3.82 and a beta of 0.52. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.48. Church & Dwight Co., Inc. has a 52 week low of $90.99 and a 52 week high of $116.46. The firm's fifty day moving average is $97.06 and its 200-day moving average is $103.16.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.52 billion. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. Church & Dwight's revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 earnings per share. Research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.18 annualized dividend and a yield of 1.24%. Church & Dwight's payout ratio is 50.64%.

Wall Street Analysts Forecast Growth

CHD has been the subject of several research reports. Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and raised their target price for the company from $112.00 to $125.00 in a research note on Tuesday, April 15th. Barclays decreased their price objective on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a report on Friday, May 2nd. Oppenheimer lowered their target price on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Wells Fargo & Company lifted their price target on shares of Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Wednesday, April 2nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research note on Friday, April 11th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $108.29.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.