Sunbelt Securities Inc. Sells 112 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Sunbelt Securities Inc. lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 1.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,287 shares of the company’s stock after selling 112 shares during the period. Sunbelt Securities Inc.’s holdings in Church & Dwight were worth $656,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Chilton Capital Management LLC raised its stake in shares of Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the last quarter. Global Retirement Partners LLC raised its position in Church & Dwight by 14.7% in the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock valued at $87,000 after buying an additional 113 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its stake in Church & Dwight by 2.4% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock valued at $516,000 after acquiring an additional 117 shares in the last quarter. Gateway Advisory LLC lifted its stake in Church & Dwight by 4.4% during the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $262,000 after acquiring an additional 120 shares in the last quarter. Finally, Kentucky Retirement Systems boosted its holdings in Church & Dwight by 0.6% during the 4th quarter. Kentucky Retirement Systems now owns 19,713 shares of the company’s stock worth $1,864,000 after acquiring an additional 126 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Price Performance

Church & Dwight stock opened at $103.97 on Friday. The firm has a market capitalization of $25.42 billion, a P/E ratio of 33.01, a PEG ratio of 3.41 and a beta of 0.51. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.82. The business has a fifty day moving average price of $106.79 and a 200-day moving average price of $101.82.

Church & Dwight (NYSE:CHD) last issued its earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.86 by $0.10. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The firm’s revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.85 EPS. As a group, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were issued a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CHD. JPMorgan Chase & Co. lowered their target price on shares of Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a report on Friday, May 3rd. BNP Paribas assumed coverage on shares of Church & Dwight in a research report on Monday. They set a “neutral” rating and a $114.00 target price on the stock. Argus upped their target price on Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, June 11th. Oppenheimer lifted their price target on Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $106.65.

Insiders Place Their Bets

In other news, CFO Richard A. Dierker sold 86,740 shares of the business’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the transaction, the chief financial officer now directly owns 7,634 shares in the company, valued at approximately $813,479.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $105.47, for a total value of $817,603.44. Following the transaction, the director now directly owns 25,692 shares in the company, valued at $2,709,735.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Richard A. Dierker sold 86,740 shares of Church & Dwight stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the sale, the chief financial officer now owns 7,634 shares of the company’s stock, valued at $813,479.04. The disclosure for this sale can be found here. Insiders have sold 182,346 shares of company stock worth $19,465,948 in the last three months. 2.00% of the stock is currently owned by corporate insiders.

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.