Keybank National Association OH Has $4.63 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Keybank National Association OH lowered its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 14.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 42,055 shares of the company's stock after selling 6,876 shares during the quarter. Keybank National Association OH's holdings in Church & Dwight were worth $4,630,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of CHD. Proficio Capital Partners LLC acquired a new position in shares of Church & Dwight during the fourth quarter valued at $167,000. Jones Financial Companies Lllp lifted its stake in shares of Church & Dwight by 12.0% during the fourth quarter. Jones Financial Companies Lllp now owns 25,364 shares of the company's stock valued at $2,656,000 after acquiring an additional 2,708 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Church & Dwight during the fourth quarter valued at $244,000. Steward Partners Investment Advisory LLC lifted its stake in shares of Church & Dwight by 12.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 24,740 shares of the company's stock valued at $2,591,000 after acquiring an additional 2,663 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Church & Dwight by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,448,584 shares of the company's stock valued at $151,681,000 after acquiring an additional 49,082 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.

Insider Buying and Selling at Church & Dwight

In related news, Director Penry W. Price sold 14,660 shares of the stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $93.13, for a total transaction of $1,365,285.80. Following the completion of the transaction, the director directly owned 27,043 shares in the company, valued at approximately $2,518,514.59. This trade represents a 35.15% decrease 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 the stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $99.00, for a total value of $1,451,340.00. Following the transaction, the director owned 13,747 shares of the company's stock, valued at approximately $1,360,953. The trade was a 51.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 50,575 shares of company stock valued at $4,910,586 in the last 90 days. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Trading Up 0.4%

Shares of Church & Dwight stock traded up $0.38 during trading hours on Friday, hitting $98.41. The company's stock had a trading volume of 1,204,908 shares, compared to its average volume of 1,754,418. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46. The stock has a 50 day moving average of $96.46 and a 200 day moving average of $102.81. The company has a market capitalization of $24.24 billion, a PE ratio of 42.24, a price-to-earnings-growth ratio of 3.95 and a beta of 0.51. 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 announced its quarterly earnings results on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. The company 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 company's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 earnings per share. Analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current 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 payout ratio is presently 50.64%.

Analyst Upgrades and Downgrades

CHD has been the topic of several research reports. TD Cowen lowered 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. JPMorgan Chase & Co. dropped their price objective on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a report on Friday, April 11th. Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and upped their price objective for the company from $112.00 to $125.00 in a report on Tuesday, April 15th. Evercore ISI dropped their price objective on Church & Dwight from $106.00 to $102.00 and set an "in-line" rating for the company in a report on Friday, May 2nd. Finally, Barclays dropped their price objective on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a report on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $108.29.

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.