Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Vident Advisory LLC

Vident Advisory LLC grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 110.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,874 shares of the company's stock after buying an additional 12,014 shares during the quarter. Vident Advisory LLC's holdings in Church & Dwight were worth $2,395,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. YANKCOM Partnership purchased a new stake in shares of Church & Dwight in the fourth quarter valued at approximately $25,000. Bernard Wealth Management Corp. purchased a new stake in shares of Church & Dwight during the fourth quarter worth approximately $40,000. Bank of Jackson Hole Trust purchased a new stake in shares of Church & Dwight during the fourth quarter worth approximately $43,000. Banque Transatlantique SA purchased a new stake in shares of Church & Dwight during the fourth quarter worth approximately $46,000. Finally, Golden State Wealth Management LLC purchased a new stake in shares of Church & Dwight during the fourth quarter worth approximately $51,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the company's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the transaction, the executive vice president now owns 10,497 shares of the company's stock, valued at $1,217,442.06. This represents a 83.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the transaction, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. The trade was a 63.21% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 80,230 shares of company stock valued at $8,903,734 in the last quarter. Insiders own 2.00% of the company's stock.

Church & Dwight Trading Up 1.7%

NYSE CHD traded up $1.64 on Tuesday, reaching $97.58. 745,804 shares of the company were exchanged, compared to its average volume of 1,903,481. The business's fifty day moving average price is $100.77 and its 200 day moving average price is $104.99. The stock has a market capitalization of $24.03 billion, a P/E ratio of 41.17, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a fifty-two week low of $90.99 and a fifty-two week high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.89 by $0.02. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the prior year, the company posted $0.96 EPS. The company's quarterly revenue was down 2.4% on a year-over-year basis. Analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend is Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is presently 50.64%.

Analysts Set New Price Targets

Several analysts recently commented on CHD shares. TD Cowen cut Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price target for the company. in a research report on Tuesday, May 6th. Stifel Nicolaus boosted their price target on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. Barclays dropped their price target on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a research report on Friday, May 2nd. JPMorgan Chase & Co. dropped their price target on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research report on Friday, April 11th. Finally, Evercore ISI dropped their price target on Church & Dwight from $106.00 to $102.00 and set an "in-line" rating for the company in a research report on Friday, May 2nd. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, Church & Dwight currently has an average rating of "Hold" and a consensus target price of $109.13.

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.