Oak Thistle LLC Purchases 3,336 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Oak Thistle LLC raised its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 43.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,043 shares of the company's stock after acquiring an additional 3,336 shares during the quarter. Oak Thistle LLC's holdings in Church & Dwight were worth $1,216,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Church & Dwight by 89.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 53,164 shares of the company's stock valued at $5,567,000 after acquiring an additional 25,080 shares during the last quarter. Allianz Asset Management GmbH lifted its stake in Church & Dwight by 451.2% during the first quarter. Allianz Asset Management GmbH now owns 81,065 shares of the company's stock valued at $8,924,000 after buying an additional 66,357 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Church & Dwight by 19.4% during the fourth quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock valued at $768,157,000 after buying an additional 1,190,154 shares in the last quarter. LPL Financial LLC lifted its stake in Church & Dwight by 13.4% during the fourth quarter. LPL Financial LLC now owns 184,133 shares of the company's stock valued at $19,281,000 after buying an additional 21,742 shares in the last quarter. Finally, Penserra Capital Management LLC lifted its stake in Church & Dwight by 1,201.4% during the first quarter. Penserra Capital Management LLC now owns 8,342 shares of the company's stock valued at $918,000 after buying an additional 7,701 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CHD has been the subject of a number of analyst reports. Redburn Atlantic lowered shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research note on Monday, July 14th. Bank of America raised shares of Church & Dwight from a "neutral" rating to a "buy" rating and upped their price objective for the company from $112.00 to $125.00 in a research note on Tuesday, April 15th. Wells Fargo & Company upped their price objective on shares of Church & Dwight from $105.00 to $108.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Evercore ISI dropped their target price on Church & Dwight from $106.00 to $102.00 and set an "in-line" rating on the stock in a report on Friday, May 2nd. Finally, Barclays dropped their target price on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating on the stock in a report on Friday, May 2nd. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $104.38.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read acquired 3,000 shares of Church & Dwight stock in a transaction dated Friday, May 9th. The stock was bought at an average cost of $92.07 per share, with a total value of $276,210.00. Following the completion of the transaction, the executive vice president owned 5,505 shares of the company's stock, valued at $506,845.35. The trade was a 119.76% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Penry W. Price sold 14,660 shares of the stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $93.13, for a total value of $1,365,285.80. Following the completion of the sale, the director directly owned 27,043 shares of the company's stock, valued at $2,518,514.59. This represents a 35.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 50,575 shares of company stock valued at $4,910,586 in the last ninety days. Company insiders own 2.00% of the company's stock.

Church & Dwight Stock Performance

Church & Dwight stock traded down $0.11 during trading hours on Friday, reaching $97.17. 1,652,693 shares of the company were exchanged, compared to its average volume of 1,925,047. The firm has a market cap of $23.93 billion, a price-to-earnings ratio of 41.70, a PEG ratio of 3.89 and a beta of 0.51. The company has a current ratio of 1.95, a quick ratio of 1.43 and a debt-to-equity ratio of 0.48. The stock has a 50-day moving average of $97.34 and a 200 day moving average of $102.01. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46.

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

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were given a $0.295 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.21%. Church & Dwight's dividend payout ratio is 50.64%.

Church & Dwight Profile

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.