NBC Securities Inc. Sells 469 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

NBC Securities Inc. trimmed its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 51.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 436 shares of the company’s stock after selling 469 shares during the period. NBC Securities Inc.’s holdings in Church & Dwight were worth $45,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Chilton Capital Management LLC raised its position in Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the last quarter. Creekmur Asset Management LLC bought a new position in shares of Church & Dwight during the fourth quarter valued at approximately $32,000. Annapolis Financial Services LLC lifted its stake in 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 acquiring an additional 334 shares during the period. Newbridge Financial Services Group Inc. bought a new stake in Church & Dwight in the fourth quarter valued at $35,000. Finally, Jones Financial Companies Lllp increased its position in Church & Dwight by 383.8% during the 4th quarter. Jones Financial Companies Lllp now owns 387 shares of the company’s stock valued at $37,000 after purchasing an additional 307 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CHD shares. Deutsche Bank Aktiengesellschaft lifted 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. BNP Paribas initiated coverage on Church & Dwight in a report on Monday. They set a “neutral” rating and a $114.00 target price on the stock. JPMorgan Chase & Co. dropped their price target on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating on the stock in a research report on Friday, May 3rd. Barclays decreased their price objective on Church & Dwight from $83.00 to $82.00 and set an “underweight” rating for the company in a report on Monday, May 6th. Finally, Oppenheimer boosted their target price on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, April 23rd. Three analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Church & Dwight has a consensus rating of “Hold” and a consensus price target of $106.65.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the transaction, the executive vice president now owns 10,325 shares of the company’s stock, valued at $1,104,775. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the completion of the sale, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,104,775. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robert K. Shearer sold 13,200 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $106.36, for a total transaction of $1,403,952.00. Following the sale, the director now directly owns 29,108 shares of the company’s stock, valued at approximately $3,095,926.88. The disclosure for this sale can be found here. Insiders have sold a total of 182,346 shares of company stock worth $19,465,948 in the last ninety days. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Down 1.3 %

Church & Dwight stock opened at $107.48 on Tuesday. The firm has a market cap of $26.28 billion, a price-to-earnings ratio of 34.12, a PEG ratio of 3.55 and a beta of 0.51. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $110.31. The stock has a fifty day simple moving average of $106.74 and a two-hundred day simple moving average of $101.71.

Church & Dwight (NYSE:CHD) last issued its earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. The business 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%. Church & Dwight’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.85 EPS. Equities analysts predict that Church & Dwight Co., Inc. will post 3.46 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were issued a dividend of $0.2838 per share. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. Church & Dwight’s payout ratio is 35.87%.

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.