Bleakley Financial Group LLC Acquires 10,783 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Bleakley Financial Group LLC increased its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 69.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,278 shares of the company's stock after acquiring an additional 10,783 shares during the quarter. Bleakley Financial Group LLC's holdings in Church & Dwight were worth $2,485,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CHD. Nisa Investment Advisors LLC boosted its holdings in Church & Dwight by 6.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 73,629 shares of the company's stock worth $6,962,000 after acquiring an additional 4,680 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in shares of Church & Dwight by 21.4% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 109,150 shares of the company's stock worth $10,213,000 after purchasing an additional 19,246 shares in the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in Church & Dwight in the 4th quarter valued at $210,000. Boit C F David increased its stake in Church & Dwight by 10.7% during the 4th quarter. Boit C F David now owns 29,440 shares of the company's stock valued at $2,766,000 after purchasing an additional 2,850 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in Church & Dwight during the fourth quarter worth $23,250,000. 86.60% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Barry A. Bruno sold 9,926 shares of the company's stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now owns 4,319 shares of the company's stock, valued at $451,551.45. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of Church & Dwight stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the sale, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 373,052 shares of company stock valued at $38,603,796. Company insiders own 1.40% of the company's stock.

Wall Street Analyst Weigh In

CHD has been the subject of several recent research reports. TheStreet raised shares of Church & Dwight from a "c+" rating to a "b" rating in a research report on Friday, February 2nd. Royal Bank of Canada increased their price objective on Church & Dwight from $94.00 to $103.00 and gave the stock a "sector perform" rating in a research note on Monday, February 5th. Argus raised Church & Dwight from a "hold" rating to a "buy" rating and set a $115.00 target price on the stock in a research report on Friday, February 23rd. UBS Group increased 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. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an "underweight" rating in a report on Thursday, January 18th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $102.80.

Church & Dwight Stock Performance

NYSE CHD traded up $0.69 on Wednesday, hitting $102.58. 1,169,983 shares of the stock traded hands, compared to its average volume of 1,298,942. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. The business's fifty day moving average is $101.61 and its two-hundred day moving average is $95.98. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $105.67. The firm has a market capitalization of $25.02 billion, a price-to-earnings ratio of 33.60, a PEG ratio of 3.49 and a beta of 0.53.

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

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were given a $0.2838 dividend. This is a positive change from Church & Dwight's previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Wednesday, February 14th. Church & Dwight's dividend payout ratio (DPR) is 37.17%.

Church & Dwight 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.