Wealth Enhancement Advisory Services LLC Acquires 24,763 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Wealth Enhancement Advisory Services LLC raised its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 46.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,927 shares of the company's stock after buying an additional 24,763 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Church & Dwight were worth $8,579,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bernard Wealth Management Corp. purchased a new position in Church & Dwight during the 4th quarter valued at approximately $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 valued at $42,000 after buying an additional 112 shares in the last quarter. Banque Transatlantique SA purchased a new position in Church & Dwight during the 4th quarter valued at approximately $46,000. Whittier Trust Co. of Nevada Inc. grew its holdings in Church & Dwight by 50.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 575 shares of the company's stock valued at $60,000 after buying an additional 193 shares in the last quarter. Finally, NBC Securities Inc. purchased a new position in Church & Dwight during the 1st quarter valued at approximately $61,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $97.00 on Tuesday. The stock's fifty day moving average is $97.60 and its two-hundred day moving average is $103.34. The company has a market capitalization of $23.89 billion, a PE ratio of 41.63, a price-to-earnings-growth ratio of 3.87 and a beta of 0.52. 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 52 week low of $90.99 and a 52 week high of $116.46.

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

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend was Thursday, May 15th. Church & Dwight's payout ratio is 50.64%.

Wall Street Analyst Weigh In

CHD has been the subject of several research analyst reports. Bank of America upgraded 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. Oppenheimer dropped their target price on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Royal Bank Of Canada upgraded Church & Dwight from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from $100.00 to $114.00 in a report on Monday, June 2nd. Wall Street Zen upgraded Church & Dwight from a "sell" rating to a "hold" rating in a report on Saturday. Finally, UBS Group dropped their target price on Church & Dwight from $110.00 to $102.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $108.67.

Insider Transactions at Church & Dwight

In other news, EVP Carlen Hooker sold 6,380 shares of the stock in a transaction on Monday, June 16th. The stock was sold at an average price of $98.30, for a total transaction of $627,154.00. Following the transaction, the executive vice president now owns 262 shares of the company's stock, valued at approximately $25,754.60. This represents a 96.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 price of $94.66 per share, with a total value of $752,547.00. Following the completion of the purchase, the chief executive officer now directly owns 16,358 shares in the company, valued at $1,548,448.28. The trade was a 94.55% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 50,575 shares of company stock valued at $4,910,586. 1.20% of the stock is currently owned by corporate insiders.

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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