Financial Enhancement Group LLC Increases Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Financial Enhancement Group LLC raised its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 466.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,738 shares of the company's stock after acquiring an additional 50,846 shares during the period. Financial Enhancement Group LLC's holdings in Church & Dwight were worth $6,094,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Chilton Capital Management LLC boosted its holdings in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company's stock worth $31,000 after acquiring an additional 110 shares during the period. Caprock Group LLC boosted its stake in shares of Church & Dwight by 176.1% in the fourth quarter. Caprock Group LLC now owns 22,442 shares of the company's stock valued at $2,122,000 after buying an additional 14,314 shares during the period. Global Retirement Partners LLC boosted its stake in shares of Church & Dwight by 14.7% in the fourth quarter. Global Retirement Partners LLC now owns 883 shares of the company's stock valued at $87,000 after buying an additional 113 shares during the period. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Church & Dwight in the fourth quarter valued at approximately $62,000. Finally, LGT Capital Partners LTD. boosted its stake in shares of Church & Dwight by 22.5% in the fourth quarter. LGT Capital Partners LTD. now owns 726,870 shares of the company's stock valued at $68,733,000 after buying an additional 133,306 shares during the period. Institutional investors own 86.60% of the company's stock.

Insider Activity at Church & Dwight

In related news, EVP Rene Hemsey sold 9,280 shares of the firm's stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the transaction, the executive vice president now owns 6,373 shares of the company's stock, valued at approximately $638,702.06. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,703,613.77. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Rene Hemsey sold 9,280 shares of the firm's stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now owns 6,373 shares of the company's stock, valued at approximately $638,702.06. The disclosure for this sale can be found here. In the last quarter, insiders have sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CHD shares. TheStreet upgraded Church & Dwight from a "c+" rating to a "b" rating in a research note on Friday, February 2nd. Stifel Nicolaus boosted their price target on Church & Dwight from $91.00 to $99.00 and gave the company a "hold" rating in a research note on Monday, February 5th. Citigroup cut Church & Dwight from a "neutral" rating to a "sell" rating and set a $90.00 target price for the company. in a research note on Wednesday, December 13th. UBS Group upped their target price on Church & Dwight from $99.00 to $105.00 and gave the stock a "neutral" rating in a research note on Monday, February 5th. Finally, Argus upgraded Church & Dwight from a "hold" rating to a "buy" rating and set a $115.00 target price for the company in a research note on Friday, February 23rd. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $102.80.

Church & Dwight Trading Up 0.1 %

NYSE CHD traded up $0.10 on Friday, reaching $104.31. The company had a trading volume of 1,731,307 shares, compared to its average volume of 1,168,419. The firm has a market cap of $25.44 billion, a price-to-earnings ratio of 34.31, a P/E/G ratio of 3.59 and a beta of 0.53. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $105.67. The business has a 50 day moving average of $101.03 and a two-hundred day moving average of $95.59. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting analysts' consensus estimates of $0.65. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. Church & Dwight's quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.62 earnings per share. Analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were given a $0.2838 dividend. This is a boost from Church & Dwight's previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 annualized dividend and a yield of 1.09%. Church & Dwight's dividend payout ratio (DPR) is presently 37.17%.

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.