Public Employees Retirement System of Ohio Sells 4,799 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Public Employees Retirement System of Ohio trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 5.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 83,821 shares of the company's stock after selling 4,799 shares during the quarter. Public Employees Retirement System of Ohio's holdings in Church & Dwight were worth $8,777,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Pacific Point Advisors LLC acquired a new stake in Church & Dwight in the fourth quarter valued at $1,286,000. Sunbelt Securities Inc. boosted its holdings in Church & Dwight by 10.0% during the fourth quarter. Sunbelt Securities Inc. now owns 5,333 shares of the company's stock worth $558,000 after buying an additional 485 shares in the last quarter. GTS Securities LLC raised its stake in shares of Church & Dwight by 1,361.8% during the 4th quarter. GTS Securities LLC now owns 3,406 shares of the company's stock worth $357,000 after buying an additional 3,173 shares during the last quarter. Vise Technologies Inc. acquired a new stake in Church & Dwight during the 4th quarter valued at $433,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Church & Dwight by 5.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,404,961 shares of the company's stock worth $251,823,000 after purchasing an additional 124,560 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CHD has been the topic of several recent analyst reports. Cowen lowered shares of Church & Dwight from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Bank of America upgraded shares of Church & Dwight from a "neutral" rating to a "buy" rating and raised their price target for the company from $112.00 to $125.00 in a report on Tuesday, April 15th. Evercore ISI decreased their price objective on shares of Church & Dwight from $106.00 to $102.00 and set an "in-line" rating for the company in a research note on Friday, May 2nd. Wall Street Zen downgraded shares of Church & Dwight from a "hold" rating to a "sell" rating in a research note on Tuesday, May 20th. Finally, TD Cowen lowered shares of Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 target price on the stock. in a report on Tuesday, May 6th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Church & Dwight presently has an average rating of "Hold" and an average target price of $109.13.

Church & Dwight Stock Up 0.3%

Shares of CHD stock traded up $0.31 during mid-day trading on Friday, reaching $98.45. 4,873,820 shares of the company were exchanged, compared to its average volume of 1,686,348. The business's 50 day simple moving average is $100.20 and its 200 day simple moving average is $104.82. The company has a market capitalization of $24.25 billion, a P/E ratio of 41.54, a P/E/G ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a fifty-two week low of $90.99 and a fifty-two week high of $116.46. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70.

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 (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. The firm 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 20.03% and a net margin of 9.58%. The firm's revenue for the quarter was down 2.4% on a year-over-year basis. During the same period last year, the business posted $0.96 earnings per share. Research analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is 50.64%.

Insider Transactions at Church & Dwight

In other news, EVP Carlen Hooker sold 3,000 shares of the firm's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $98.05, for a total transaction of $294,150.00. Following the completion of the transaction, the executive vice president now owns 262 shares in the company, valued at approximately $25,689.10. This trade represents a 91.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 83,230 shares of company stock valued at $9,197,884. Company insiders own 2.00% of the company's stock.

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.