Church & Dwight Co., Inc. (NYSE:CHD) Director Sells $817,603.44 in Stock

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) Director Penry W. Price sold 7,752 shares of the company's stock in a transaction on Monday, May 6th. The stock was sold at an average price of $105.47, for a total value of $817,603.44. Following the sale, the director now owns 25,692 shares of the company's stock, valued at $2,709,735.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Church & Dwight Stock Up 1.4 %

NYSE:CHD traded up $1.51 on Tuesday, reaching $106.92. The stock had a trading volume of 972,577 shares, compared to its average volume of 1,294,265. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average of $103.92 and a 200 day moving average of $98.11. The stock has a market cap of $26.14 billion, a P/E ratio of 33.94, a price-to-earnings-growth ratio of 3.53 and a beta of 0.51. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $108.68.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The business had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.49 billion. During the same quarter last year, the company posted $0.85 earnings per share. The company's quarterly revenue was up 5.1% compared to the same quarter last year. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.2838 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. Church & Dwight's payout ratio is 35.87%.

Hedge Funds Weigh In On Church & Dwight

Several large investors have recently modified their holdings of CHD. Commonwealth Equity Services LLC lifted its holdings in Church & Dwight by 0.6% in the third quarter. Commonwealth Equity Services LLC now owns 75,007 shares of the company's stock worth $6,873,000 after acquiring an additional 446 shares during the last quarter. Forsta AP Fonden lifted its holdings in Church & Dwight by 11.1% in the third quarter. Forsta AP Fonden now owns 53,100 shares of the company's stock worth $4,866,000 after acquiring an additional 5,300 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Church & Dwight by 317.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 164,844 shares of the company's stock worth $15,105,000 after acquiring an additional 125,386 shares during the last quarter. Strs Ohio bought a new position in Church & Dwight in the third quarter worth about $2,057,000. Finally, IFM Investors Pty Ltd increased its stake in shares of Church & Dwight by 5.1% in the third quarter. IFM Investors Pty Ltd now owns 48,897 shares of the company's stock valued at $4,480,000 after purchasing an additional 2,375 shares during the period. Institutional investors own 86.60% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CHD shares. JPMorgan Chase & Co. dropped their price objective on Church & Dwight from $98.00 to $97.00 and set an "underweight" rating for the company in a report on Friday. Oppenheimer upped their price objective on Church & Dwight from $110.00 to $120.00 and gave the stock an "outperform" rating in a report on Tuesday, April 23rd. HSBC increased their price target on Church & Dwight from $110.00 to $114.00 and gave the company a "hold" rating in a report on Friday. Royal Bank of Canada increased their price target on Church & Dwight from $94.00 to $103.00 and gave the company a "sector perform" rating in a report on Monday, February 5th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $109.00 to $112.00 and gave the company a "buy" rating in a report on Monday, April 22nd. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $105.56.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.