Czech National Bank Acquires 3,374 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Czech National Bank increased its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 6.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,495 shares of the company's stock after acquiring an additional 3,374 shares during the period. Czech National Bank's holdings in Church & Dwight were worth $6,220,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC increased its stake in shares of Church & Dwight by 89.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 53,164 shares of the company's stock valued at $5,567,000 after purchasing an additional 25,080 shares during the period. American Century Companies Inc. increased its position in Church & Dwight by 0.5% in the 4th quarter. American Century Companies Inc. now owns 1,426,177 shares of the company's stock valued at $149,335,000 after acquiring an additional 6,425 shares during the period. JPMorgan Chase & Co. raised its stake in Church & Dwight by 19.4% during the 4th quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock valued at $768,157,000 after acquiring an additional 1,190,154 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Church & Dwight during the 4th quarter valued at $76,565,000. Finally, LPL Financial LLC boosted its position in Church & Dwight by 13.4% during the 4th quarter. LPL Financial LLC now owns 184,133 shares of the company's stock worth $19,281,000 after acquiring an additional 21,742 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of Church & Dwight from a "hold" rating to a "sell" rating in a research note on Tuesday, May 20th. Royal Bank of Canada raised shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and upped their price target for the stock from $100.00 to $114.00 in a research note on Monday. Oppenheimer decreased their price objective on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a report on Monday, April 28th. 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. Finally, Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and increased their price target for the company from $112.00 to $125.00 in a research note on Tuesday, April 15th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Church & Dwight presently has a consensus rating of "Hold" and an average target price of $110.00.

Insider Activity

In other news, CEO Richard A. Dierker acquired 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 acquisition, the chief executive officer now owns 16,358 shares in the company, valued at approximately $1,548,448.28. The trade was a 94.55% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 14,660 shares of Church & Dwight stock in a transaction on Friday, May 30th. The shares were sold at an average price of $99.00, for a total value of $1,451,340.00. Following the sale, the director now directly owns 13,747 shares of the company's stock, valued at approximately $1,360,953. The trade was a 51.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold 109,765 shares of company stock worth $11,821,881 over the last quarter. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Trading Down 0.8%

CHD traded down $0.78 during trading on Thursday, reaching $98.85. The company had a trading volume of 1,683,030 shares, compared to its average volume of 1,702,076. The firm's 50-day simple moving average is $99.56 and its 200 day simple moving average is $104.58. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The company has a market cap of $24.35 billion, a price-to-earnings ratio of 41.71, a PEG ratio of 3.32 and a beta of 0.55. 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 released its earnings results on Thursday, May 1st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.02. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the firm posted $0.96 earnings per share. The firm's quarterly revenue was down 2.4% compared to the same quarter last year. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend was Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is currently 50.64%.

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.