IFM Investors Pty Ltd Purchases 3,667 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

IFM Investors Pty Ltd increased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 8.0% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 49,762 shares of the company's stock after purchasing an additional 3,667 shares during the period. IFM Investors Pty Ltd's holdings in Church & Dwight were worth $5,211,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CHD. Norges Bank purchased a new stake in Church & Dwight during the 4th quarter worth about $318,532,000. JPMorgan Chase & Co. lifted its holdings 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 purchasing an additional 1,190,154 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Church & Dwight by 12,489.8% during the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company's stock worth $94,886,000 after purchasing an additional 855,049 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Church & Dwight during the 4th quarter worth about $76,565,000. Finally, Ceredex Value Advisors LLC purchased a new stake in Church & Dwight during the 4th quarter worth about $49,504,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Stock Performance

NYSE:CHD opened at $98.41 on Monday. The stock has a market cap of $24.24 billion, a P/E ratio of 42.24, a PEG ratio of 3.95 and a beta of 0.51. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.48. Church & Dwight Co., Inc. has a twelve month low of $90.99 and a twelve month high of $116.46. The business's 50-day moving average price is $96.46 and its two-hundred day moving average price is $102.76.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.02. The company had revenue of $1.47 billion for 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%. Church & Dwight's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period last year, the firm posted $0.96 EPS. As a group, equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

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

Insider Activity at Church & Dwight

In other news, CEO Richard A. Dierker acquired 7,950 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were bought at an average cost of $94.66 per share, with a total value of $752,547.00. Following the acquisition, the chief executive officer owned 16,358 shares in the company, valued at approximately $1,548,448.28. This represents a 94.55% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the firm's stock in a transaction dated 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 transaction, the director directly owned 13,747 shares in the company, valued at approximately $1,360,953. This represents a 51.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,575 shares of company stock worth $4,910,586 in the last quarter. 1.20% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on CHD shares. Wall Street Zen raised Church & Dwight from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. UBS Group dropped their price objective on Church & Dwight from $110.00 to $102.00 and set a "neutral" rating on the stock in a report on Friday, May 2nd. Morgan Stanley lowered their price target on Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating on the stock in a report on Monday, May 5th. Finally, Royal Bank Of Canada raised Church & Dwight from a "sector perform" rating to an "outperform" rating and raised their price target for the company from $100.00 to $114.00 in a report on Monday, June 2nd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $108.29.

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.

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