Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Alaska Permanent Fund Corp

Alaska Permanent Fund Corp lifted its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 203.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,453 shares of the company's stock after acquiring an additional 15,058 shares during the period. Alaska Permanent Fund Corp's holdings in Church & Dwight were worth $2,123,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Chilton Capital Management LLC boosted its stake in Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company's stock valued at $31,000 after buying an additional 110 shares during the last quarter. Annapolis Financial Services LLC raised its holdings in shares of Church & Dwight by 2,087.5% in the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company's stock worth $33,000 after buying an additional 334 shares during the period. Koesten Hirschmann & Crabtree INC. purchased a new stake in shares of Church & Dwight in the third quarter worth approximately $38,000. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Church & Dwight in the fourth quarter worth approximately $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Church & Dwight by 74.7% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company's stock worth $65,000 after purchasing an additional 293 shares during the period. Institutional investors own 86.60% of the company's stock.

Wall Street Analyst Weigh In

CHD has been the topic of several research reports. UBS Group raised their price objective on Church & Dwight from $99.00 to $105.00 and gave the stock a "neutral" rating in a report on Monday, February 5th. Royal Bank of Canada raised their price objective on Church & Dwight from $94.00 to $103.00 and gave the stock a "sector perform" rating in a report on Monday, February 5th. The Goldman Sachs Group assumed coverage on Church & Dwight in a report on Friday, March 1st. They set a "buy" rating and a $110.00 price objective on the stock. Stifel Nicolaus increased their target price on Church & Dwight from $91.00 to $99.00 and gave the company a "hold" rating in a research report on Monday, February 5th. Finally, Bank of America increased their target price on Church & Dwight from $100.00 to $104.00 and gave the company a "neutral" rating in a research report on Monday, April 15th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $104.07.

Insiders Place Their Bets

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction dated 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 sale, the executive vice president now owns 4,319 shares of the company's stock, valued at approximately $451,551.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction dated 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 owns 4,319 shares in the company, valued at approximately $451,551.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael Read sold 4,500 shares of Church & Dwight stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is owned by company insiders.

Church & Dwight Stock Down 0.9 %

Shares of Church & Dwight stock traded down $0.93 during trading on Friday, reaching $106.32. The company's stock had a trading volume of 1,037,555 shares, compared to its average volume of 1,274,656. The company has a 50-day simple moving average of $102.74 and a two-hundred day simple moving average of $96.97. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $108.10. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The company has a market cap of $25.93 billion, a price-to-earnings ratio of 35.28, a P/E/G ratio of 3.59 and a beta of 0.53.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, hitting analysts' consensus estimates 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 analysts' expectations of $1.51 billion. During the same quarter in the previous year, the firm posted $0.62 EPS. The firm's revenue was up 6.4% compared to the same quarter last year. As a group, equities analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. This is a boost from Church & Dwight's previous quarterly dividend of $0.27. Church & Dwight's payout ratio is currently 37.17%.

About Church & Dwight

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.