National Bank of Canada FI Sells 25,761 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

National Bank of Canada FI cut its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 27.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,774 shares of the company's stock after selling 25,761 shares during the period. National Bank of Canada FI's holdings in Church & Dwight were worth $6,598,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CHD. Chilton Capital Management LLC grew its holdings in 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. Annapolis Financial Services LLC raised its holdings in shares of Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company's stock worth $33,000 after purchasing an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. bought a new stake in Church & Dwight during the third quarter worth approximately $38,000. McGlone Suttner Wealth Management Inc. acquired a new position in Church & Dwight in the fourth quarter worth approximately $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its holdings in shares of Church & Dwight by 74.7% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company's stock valued at $65,000 after buying an additional 293 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

Church & Dwight Price Performance

Shares of CHD stock traded up $0.26 during mid-day trading on Friday, reaching $107.31. The company's stock had a trading volume of 680,690 shares, compared to its average volume of 1,280,218. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. The firm's 50-day moving average is $104.20 and its two-hundred day moving average is $98.23. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $108.68. The company has a market cap of $26.24 billion, a P/E ratio of 34.07, a PEG ratio of 3.47 and a beta of 0.51.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.10. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 earnings per share. 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 firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be issued a $0.2838 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.06%. Church & Dwight's dividend payout ratio is 35.87%.

Analysts Set New Price Targets

Several brokerages have recently commented on CHD. Oppenheimer upped their target price on Church & Dwight from $110.00 to $120.00 and gave the company an "outperform" rating in a report on Tuesday, April 23rd. Barclays decreased their target price on shares of Church & Dwight from $83.00 to $82.00 and set an "underweight" rating for the company in a report on Monday. Stifel Nicolaus raised their price objective on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a "hold" rating in a research note on Monday, February 5th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Church & Dwight from $109.00 to $112.00 and gave the company a "buy" rating in a research note on Monday, April 22nd. Finally, TheStreet raised shares of Church & Dwight from a "c+" rating to a "b" rating in a research note on Friday, February 2nd. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Church & Dwight has an average rating of "Hold" and an average price target of $105.56.

Insider Buying and Selling

In other news, EVP Michael Read sold 9,000 shares of the firm's stock in a transaction on Monday, March 4th. The stock was sold at an average price of $100.95, for a total value of $908,550.00. Following the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at approximately $1,042,308.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 15,504 shares of the business's stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $102.25, for a total value of $1,585,284.00. Following the sale, the director now owns 33,793 shares in the company, valued at approximately $3,455,334.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Michael Read sold 9,000 shares of the firm's stock in a transaction on Monday, March 4th. The shares were sold at an average price of $100.95, for a total transaction of $908,550.00. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares of the company's stock, valued at approximately $1,042,308.75. The disclosure for this sale can be found here. Insiders have sold a total of 376,972 shares of company stock worth $39,133,366 in the last 90 days. Corporate insiders own 1.40% of the company's stock.

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.