Financial Counselors Inc. Has $13.34 Million Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Financial Counselors Inc. decreased its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 5.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,132 shares of the company's stock after selling 6,932 shares during the quarter. Financial Counselors Inc.'s holdings in Church & Dwight were worth $13,335,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Church & Dwight by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 30,691,064 shares of the company's stock worth $3,213,661,000 after buying an additional 193,602 shares during the last quarter. JPMorgan Chase & Co. raised its position in Church & Dwight by 19.4% during the 4th quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock worth $768,157,000 after buying an additional 1,190,154 shares during the last quarter. Geode Capital Management LLC raised its position in Church & Dwight by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 5,915,390 shares of the company's stock worth $617,794,000 after buying an additional 148,234 shares during the last quarter. Stifel Financial Corp raised its position in Church & Dwight by 0.5% during the 4th quarter. Stifel Financial Corp now owns 4,316,414 shares of the company's stock worth $451,975,000 after buying an additional 20,887 shares during the last quarter. Finally, Norges Bank purchased a new position in Church & Dwight during the 4th quarter worth $318,532,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Buying and Selling

In other news, CEO Richard A. Dierker purchased 7,950 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were bought at an average price of $94.66 per share, for a total transaction of $752,547.00. Following the completion of the purchase, the chief executive officer owned 16,358 shares of the company's stock, valued at $1,548,448.28. This trade represents a 94.55% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Penry W. Price sold 14,660 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $93.13, for a total transaction of $1,365,285.80. Following the transaction, the director owned 27,043 shares in the company, valued at $2,518,514.59. This represents a 35.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 50,575 shares of company stock valued at $4,910,586 in the last ninety days. Insiders own 2.00% of the company's stock.

Church & Dwight Stock Down 1.1%

Shares of CHD stock traded down $1.06 during trading hours on Friday, hitting $98.03. 1,425,771 shares of the company were exchanged, compared to its average volume of 1,764,237. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.43 and a current ratio of 1.95. Church & Dwight Co., Inc. has a one year low of $90.99 and a one year high of $116.46. The business's 50-day simple moving average is $96.65 and its two-hundred day simple moving average is $102.55. The stock has a market capitalization of $24.14 billion, a price-to-earnings ratio of 42.07, a P/E/G ratio of 3.98 and a beta of 0.51.

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 analysts' consensus estimates of $0.89 by $0.02. Church & Dwight had a net margin of 9.52% and a return on equity of 19.28%. The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.52 billion. During the same quarter last year, the company posted $0.96 earnings per share. Church & Dwight's revenue was down 2.4% on a year-over-year basis. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were paid a $0.295 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.20%. Church & Dwight's payout ratio is currently 50.64%.

Analyst Ratings Changes

A number of equities analysts have commented on CHD shares. Bank of America upgraded shares of Church & Dwight from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $112.00 to $125.00 in a research report on Tuesday, April 15th. TD Cowen cut shares of Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price target on the stock. in a research note on Tuesday, May 6th. Wall Street Zen raised shares of Church & Dwight from a "sell" rating to a "hold" rating in a research note on Saturday, June 21st. JPMorgan Chase & Co. lowered their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a research note on Friday, April 11th. Finally, Royal Bank Of Canada upgraded shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and upped their target price for the company from $100.00 to $114.00 in a report on Monday, June 2nd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $107.43.

Church & Dwight Company 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.