Wendell David Associates Inc. Has $18.45 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Wendell David Associates Inc. lessened its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 167,574 shares of the company's stock after selling 6,091 shares during the period. Church & Dwight accounts for 1.8% of Wendell David Associates Inc.'s holdings, making the stock its 15th biggest position. Wendell David Associates Inc. owned about 0.07% of Church & Dwight worth $18,448,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in CHD. IAG Wealth Partners LLC boosted its holdings in shares of Church & Dwight by 92.9% during the first 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 period. Strategic Financial Concepts LLC acquired a new stake in Church & Dwight during the 4th quarter worth approximately $39,000. Bernard Wealth Management Corp. acquired a new stake in Church & Dwight during the 4th quarter worth approximately $40,000. Versant Capital Management Inc boosted its stake in Church & Dwight by 42.1% in the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after purchasing an additional 112 shares during the period. Finally, Bank of Jackson Hole Trust acquired a new position in Church & Dwight in the 4th quarter valued at $43,000. Institutional investors and hedge funds own 86.60% of the company's stock.

Church & Dwight Price Performance

Shares of CHD stock traded up $0.53 during trading hours on Friday, reaching $96.42. The company's stock had a trading volume of 4,741,941 shares, compared to its average volume of 1,751,527. Church & Dwight Co., Inc. has a fifty-two week low of $90.99 and a fifty-two week high of $116.46. The firm's 50 day simple moving average is $97.93 and its 200-day simple moving average is $103.59. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $23.75 billion, a price-to-earnings ratio of 41.38, a PEG ratio of 3.85 and a beta of 0.52.

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, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the company earned $0.96 EPS. Church & Dwight's revenue for the quarter was down 2.4% on a year-over-year basis. Sell-side 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 disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors 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 yield of 1.22%. The ex-dividend date was Thursday, May 15th. Church & Dwight's dividend payout ratio is 50.64%.

Insider Activity at Church & Dwight

In other news, EVP Michael Read acquired 3,000 shares of the stock in a transaction dated Friday, May 9th. The stock was bought at an average price of $92.07 per share, with a total value of $276,210.00. Following the completion of the purchase, the executive vice president now directly owns 5,505 shares of the company's stock, valued at $506,845.35. This represents a 119.76% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Richard A. Dierker acquired 7,950 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average price of $94.66 per share, with a total value of $752,547.00. Following the acquisition, the chief executive officer now 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. Insiders sold a total of 50,575 shares of company stock valued at $4,910,586 in the last quarter. Insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CHD. Cowen downgraded Church & Dwight from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. TD Cowen lowered shares of Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price target on the stock. in a research report on Tuesday, May 6th. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research note on Friday, April 11th. Barclays decreased their target price on shares of Church & Dwight from $94.00 to $84.00 and set an "underweight" rating on the stock in a research report on Friday, May 2nd. Finally, Bank of America raised shares of Church & Dwight from a "neutral" rating to a "buy" rating and raised their target price for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $108.67.

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.