Proficio Capital Partners LLC Sells 164,797 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Proficio Capital Partners LLC decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 98.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,837 shares of the company's stock after selling 164,797 shares during the quarter. Proficio Capital Partners LLC's holdings in Church & Dwight were worth $202,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. IAG Wealth Partners LLC grew its position in Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock worth $30,000 after acquiring an additional 130 shares during the last quarter. Wayfinding Financial LLC bought a new stake in Church & Dwight during the 1st quarter worth about $40,000. Versant Capital Management Inc grew its holdings in Church & Dwight by 42.1% during the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock worth $42,000 after acquiring an additional 112 shares during the last quarter. Bernard Wealth Management Corp. bought a new stake in Church & Dwight during the 4th quarter worth about $40,000. Finally, Chilton Capital Management LLC grew its stake in shares of Church & Dwight by 90.9% during the first quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock valued at $46,000 after purchasing an additional 200 shares during the last quarter. Institutional investors own 86.60% of the company's stock.

Insider Transactions at Church & Dwight

In other news, EVP Michael Read bought 3,000 shares of the stock in a transaction dated Friday, May 9th. The shares were bought at an average price of $92.07 per share, for a total transaction of $276,210.00. Following the completion of the purchase, the executive vice president owned 5,505 shares in the company, valued at approximately $506,845.35. This trade represents a 119.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Richard A. Dierker acquired 7,950 shares of the stock in a transaction on Tuesday, May 13th. The shares were purchased at an average price of $94.66 per share, for a total transaction of $752,547.00. Following the transaction, the chief executive officer directly owned 16,358 shares in the company, valued at approximately $1,548,448.28. This trade represents a 94.55% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 50,575 shares of company stock worth $4,910,586. 2.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on CHD shares. TD Cowen cut Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price target on the stock. in a report on Tuesday, May 6th. JPMorgan Chase & Co. raised their price objective on shares of Church & Dwight from $92.00 to $97.00 and gave the company an "underweight" rating in a research note on Friday. Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and raised their price target for the stock from $112.00 to $125.00 in a research report on Tuesday, April 15th. Redburn Atlantic lowered Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Finally, Rothschild & Co Redburn cut Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price on the stock. in a report on Monday, July 14th. Four 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $104.38.

Church & Dwight Stock Down 0.1%

Shares of Church & Dwight stock traded down $0.11 on Friday, reaching $97.17. 1,652,693 shares of the company were exchanged, compared to its average volume of 1,925,047. The company has a current ratio of 1.95, a quick ratio of 1.43 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average of $97.34 and a 200 day moving average of $102.01. Church & Dwight Co., Inc. has a one year low of $90.99 and a one year high of $116.46. The company has a market capitalization of $23.93 billion, a price-to-earnings ratio of 41.70, a PEG ratio of 3.89 and a beta of 0.51.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results 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. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. The business had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.52 billion. During the same quarter in the prior year, the business earned $0.96 EPS. The firm's revenue for the quarter was down 2.4% on a year-over-year basis. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were issued a $0.295 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.18 annualized dividend and a yield of 1.21%. Church & Dwight's dividend payout ratio 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.