Church & Dwight Co., Inc. (NYSE:CHD) Holdings Cut by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,981 shares of the company's stock after selling 3,484 shares during the quarter. Yousif Capital Management LLC's holdings in Church & Dwight were worth $11,117,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Pallas Capital Advisors LLC bought a new position in Church & Dwight in the 1st quarter valued at $278,000. Wedmont Private Capital raised its position in shares of Church & Dwight by 12.9% in the first quarter. Wedmont Private Capital now owns 5,106 shares of the company's stock worth $533,000 after buying an additional 582 shares in the last quarter. Gateway Investment Advisers LLC boosted its stake in Church & Dwight by 77.0% during the first quarter. Gateway Investment Advisers LLC now owns 10,796 shares of the company's stock valued at $1,189,000 after buying an additional 4,698 shares during the period. KFG Wealth Management LLC grew its position in Church & Dwight by 2.2% during the first quarter. KFG Wealth Management LLC now owns 5,476 shares of the company's stock worth $603,000 after buying an additional 119 shares in the last quarter. Finally, Radnor Capital Management LLC increased its stake in Church & Dwight by 2.2% in the 1st quarter. Radnor Capital Management LLC now owns 7,560 shares of the company's stock worth $832,000 after acquiring an additional 160 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Stock Down 0.5%

Shares of CHD traded down $0.53 during mid-day trading on Thursday, reaching $98.57. The company had a trading volume of 396,215 shares, compared to its average volume of 1,711,999. Church & Dwight Co., Inc. has a 52 week low of $90.99 and a 52 week high of $116.46. The company has a market capitalization of $24.28 billion, a price-to-earnings ratio of 41.59, a price-to-earnings-growth ratio of 3.32 and a beta of 0.52. The firm has a 50-day moving average price of $98.57 and a 200 day moving average price of $104.15. 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 analysts' consensus estimates of $0.89 by $0.02. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The firm had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.52 billion. During the same period in the prior year, the company posted $0.96 earnings per share. The company's revenue for the quarter was down 2.4% compared to the same quarter last year. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were paid a dividend of $0.295 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.20%. Church & Dwight's dividend payout ratio (DPR) is presently 50.64%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, Director Penry W. Price sold 14,660 shares of the company's stock in a transaction that occurred on 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 sale, the director now directly owns 27,043 shares of the company's stock, valued at $2,518,514.59. This represents a 35.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Richard A. Dierker bought 7,950 shares of the company's stock in a transaction on Tuesday, May 13th. The stock was bought at an average cost of $94.66 per share, with a total value of $752,547.00. Following the completion of the acquisition, the chief executive officer now owns 16,358 shares of the company's stock, valued at $1,548,448.28. This represents a 94.55% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 44,195 shares of company stock worth $4,283,432. 1.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CHD. Wall Street Zen lowered Church & Dwight from a "hold" rating to a "sell" rating in a report on Tuesday, May 20th. Barclays cut their price target on shares of Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a research note on Friday, May 2nd. Wells Fargo & Company upped their target price on shares of Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 2nd. JPMorgan Chase & Co. decreased their price objective on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a report on Friday, April 11th. Finally, 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 research note on Friday, May 2nd. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, Church & Dwight presently has a consensus rating of "Hold" and an average target price of $108.67.

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.