Tobam Has $28.65 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Tobam trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 302,983 shares of the company's stock after selling 12,151 shares during the quarter. Church & Dwight makes up approximately 2.5% of Tobam's investment portfolio, making the stock its 12th largest position. Tobam owned approximately 0.12% of Church & Dwight worth $28,650,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in CHD. Chilton Capital Management LLC increased its stake in Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company's stock worth $31,000 after buying an additional 110 shares in the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new stake in shares of Church & Dwight during the third quarter worth $38,000. PSI Advisors LLC acquired a new stake in shares of Church & Dwight in the third quarter valued at about $39,000. Money Concepts Capital Corp raised its position in shares of Church & Dwight by 468.2% in the fourth quarter. Money Concepts Capital Corp now owns 625 shares of the company's stock valued at $50,000 after buying an additional 515 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new position in shares of Church & Dwight in the second quarter worth about $59,000. Institutional investors and hedge funds own 86.60% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CHD. UBS Group upped their price target on Church & Dwight from $99.00 to $105.00 and gave the company a "neutral" rating in a research report on Monday, February 5th. Barclays lifted their price target on Church & Dwight from $76.00 to $80.00 and gave the stock an "underweight" rating in a report on Tuesday, February 6th. Bank of America raised shares of Church & Dwight from an "underperform" rating to a "neutral" rating and upped their price objective for the company from $85.00 to $100.00 in a report on Friday, December 15th. Oppenheimer lifted their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an "outperform" rating in a research note on Monday, February 5th. Finally, Citigroup lowered shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $90.00 target price on the stock. in a report on Wednesday, December 13th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $102.80.

Insider Activity at Church & Dwight

In related news, CEO Matthew Farrell sold 275,000 shares of the firm's stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, the chief executive officer now owns 112,719 shares of the company's stock, valued at $11,703,613.77. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Church & Dwight news, CFO Richard A. Dierker sold 24,380 shares of the firm's stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $103.61, for a total value of $2,526,011.80. Following the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at $790,958.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Matthew Farrell sold 275,000 shares of the company's stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, the chief executive officer now owns 112,719 shares of the company's stock, valued at approximately $11,703,613.77. The disclosure for this sale can be found here. Over the last quarter, insiders sold 373,052 shares of company stock worth $38,603,796. Corporate insiders own 1.40% of the company's stock.

Church & Dwight Trading Up 0.4 %

NYSE CHD traded up $0.41 on Tuesday, reaching $101.90. The stock had a trading volume of 819,208 shares, compared to its average volume of 1,300,838. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $105.67. The stock has a fifty day moving average price of $101.61 and a two-hundred day moving average price of $95.98. The firm has a market capitalization of $24.85 billion, a price-to-earnings ratio of 33.52, a P/E/G ratio of 3.51 and a beta of 0.53. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

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 (EPS) for the quarter, meeting the consensus estimate of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the business earned $0.62 EPS. The company's quarterly revenue was up 6.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a $0.2838 dividend. This is a positive change from Church & Dwight's previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.11%. 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.