Boston Trust Walden Corp Has $20.60 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Boston Trust Walden Corp trimmed its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 5.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 187,097 shares of the company's stock after selling 11,241 shares during the period. Boston Trust Walden Corp owned about 0.08% of Church & Dwight worth $20,598,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global X Japan Co. Ltd. lifted its holdings in shares of Church & Dwight by 12.4% during the 1st quarter. Global X Japan Co. Ltd. now owns 5,698 shares of the company's stock valued at $627,000 after purchasing an additional 629 shares in the last quarter. Friedenthal Financial bought a new position in shares of Church & Dwight during the 1st quarter valued at about $81,000. State of Alaska Department of Revenue lifted its holdings in shares of Church & Dwight by 3.2% during the 1st quarter. State of Alaska Department of Revenue now owns 28,822 shares of the company's stock valued at $3,173,000 after purchasing an additional 890 shares in the last quarter. CWA Asset Management Group LLC lifted its holdings in shares of Church & Dwight by 116.0% during the 1st quarter. CWA Asset Management Group LLC now owns 7,144 shares of the company's stock valued at $786,000 after purchasing an additional 3,836 shares in the last quarter. Finally, Crown Oak Advisors LLC lifted its holdings in shares of Church & Dwight by 2.7% during the 1st quarter. Crown Oak Advisors LLC now owns 115,635 shares of the company's stock valued at $12,730,000 after purchasing an additional 3,092 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $112.00 to $125.00 in a report on Tuesday, April 15th. Barclays cut their price objective on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating on the stock in a report on Friday, May 2nd. Wells Fargo & Company lifted their target price on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Wednesday, April 2nd. Cowen lowered Church & Dwight from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, Morgan Stanley dropped their target price on Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Monday, May 5th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $108.67.

Church & Dwight Stock Performance

CHD traded up $0.53 during trading on Friday, hitting $96.42. The stock had a trading volume of 4,741,941 shares, compared to its average volume of 1,754,489. The company has a 50 day moving average price of $97.77 and a 200-day moving average price of $103.50. The firm has a market cap of $23.75 billion, a price-to-earnings ratio of 41.38, a P/E/G ratio of 3.85 and a beta of 0.52. Church & Dwight Co., Inc. has a one year low of $90.99 and a one year high of $116.46. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.95 and a quick ratio of 1.43.

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

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were given a dividend of $0.295 per share. The ex-dividend date was Thursday, May 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.22%. Church & Dwight's payout ratio is 50.64%.

Insider Activity

In other news, EVP Carlen Hooker sold 6,380 shares of the company's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $98.30, for a total transaction of $627,154.00. Following the completion of the sale, the executive vice president now directly owns 262 shares in the company, valued at approximately $25,754.60. This represents a 96.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Penry W. Price sold 14,660 shares of the company's stock in a transaction 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 sale, the director now owns 27,043 shares of the company's stock, valued at approximately $2,518,514.59. The trade was a 35.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 50,575 shares of company stock worth $4,910,586. 2.00% of the stock is currently owned by company insiders.

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.