AllGen Financial Advisors Inc. Buys 1,298 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

AllGen Financial Advisors Inc. increased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 6.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 22,717 shares of the company’s stock after purchasing an additional 1,298 shares during the quarter. Church & Dwight makes up 0.9% of AllGen Financial Advisors Inc.’s investment portfolio, making the stock its 27th largest holding. AllGen Financial Advisors Inc.’s holdings in Church & Dwight were worth $2,355,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Church & Dwight by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock valued at $2,861,865,000 after acquiring an additional 354,946 shares during the period. Capital International Investors increased its position in Church & Dwight by 1.0% during the first quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock worth $948,968,000 after acquiring an additional 92,862 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Church & Dwight by 2.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 7,586,482 shares of the company’s stock valued at $786,566,000 after purchasing an additional 153,127 shares during the last quarter. Norges Bank bought a new stake in Church & Dwight in the 4th quarter valued at $259,967,000. Finally, ProShare Advisors LLC grew its position in Church & Dwight by 1.8% during the first quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock worth $186,028,000 after buying an additional 31,145 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on CHD shares. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a research report on Monday, September 9th. BNP Paribas assumed coverage on shares of Church & Dwight in a report on Monday, June 24th. They set a “neutral” rating and a $114.00 price objective for the company. Wells Fargo & Company dropped their target price on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating for the company in a report on Monday, August 5th. TD Cowen assumed coverage on Church & Dwight in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price target on the stock. Finally, Barclays upped their price target on Church & Dwight from $80.00 to $82.00 and gave the company an “underweight” rating in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $106.58.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at $429,179.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Down 1.2 %

NYSE CHD opened at $102.61 on Thursday. The stock has a market capitalization of $25.12 billion, a P/E ratio of 32.57, a price-to-earnings-growth ratio of 3.55 and a beta of 0.54. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $110.31. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The stock has a fifty day moving average of $102.06 and a 200-day moving average of $104.21.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, August 2nd. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.84 by $0.09. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the company earned $0.92 EPS. Church & Dwight’s revenue was up 3.9% on a year-over-year basis. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.11%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s payout ratio is 35.87%.

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.