Mufg Securities Americas Inc. Buys Shares of 3,617 Church & Dwight Co., Inc. (NYSE:CHD)

Mufg Securities Americas Inc. bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,617 shares of the company's stock, valued at approximately $379,000.

Other institutional investors have also added to or reduced their stakes in the company. YANKCOM Partnership purchased a new position in shares of Church & Dwight in the 4th quarter worth approximately $25,000. Strategic Financial Concepts LLC purchased a new position in shares of Church & Dwight in the 4th quarter worth approximately $39,000. Bernard Wealth Management Corp. purchased a new position in shares of Church & Dwight in the 4th quarter worth approximately $40,000. Bank of Jackson Hole Trust purchased a new position in shares of Church & Dwight in the 4th quarter worth approximately $43,000. Finally, Banque Transatlantique SA purchased a new position in shares of Church & Dwight in the 4th quarter worth approximately $46,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Stock Performance

Shares of NYSE CHD opened at $95.92 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46. The company has a 50 day simple moving average of $102.30 and a two-hundred day simple moving average of $105.26. The stock has a market cap of $23.62 billion, a price-to-earnings ratio of 40.47, a PEG ratio of 3.32 and a beta of 0.55.

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. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The business had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.52 billion. During the same period in the previous year, the business posted $0.96 EPS. The business's quarterly revenue was down 2.4% compared to the same quarter last year. As a group, 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 disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.23%. The ex-dividend date is Thursday, May 15th. Church & Dwight's payout ratio is 50.64%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Michael Read bought 3,000 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The stock was purchased at an average cost of $92.07 per share, for a total transaction of $276,210.00. Following the purchase, the executive vice president now directly owns 5,505 shares in the company, valued at approximately $506,845.35. This trade represents a 119.76% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Penry W. Price sold 14,660 shares of the business's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $93.13, for a total transaction of $1,365,285.80. Following the completion of the transaction, the director now owns 27,043 shares of the company's stock, valued at approximately $2,518,514.59. This represents a 35.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 80,230 shares of company stock worth $8,903,734. Company insiders own 2.00% of the company's stock.

Wall Street Analyst Weigh In

CHD has been the topic of a number of analyst reports. Oppenheimer cut their price objective on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. TD Cowen downgraded shares of Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 target price on the stock. in a research report on Tuesday, May 6th. Royal Bank of Canada dropped their target price on shares of Church & Dwight from $105.00 to $100.00 and set a "sector perform" rating on the stock in a research report on Friday, May 2nd. Cowen downgraded shares of Church & Dwight from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, Bank of America raised shares of Church & Dwight from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $112.00 to $125.00 in a research report on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $109.13.

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.

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