Blair William & Co. IL Cuts Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Blair William & Co. IL decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 0.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,787 shares of the company’s stock after selling 185 shares during the period. Blair William & Co. IL’s holdings in Church & Dwight were worth $8,480,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Game Plan Financial Advisors LLC purchased a new stake in Church & Dwight in the 1st quarter valued at approximately $26,000. Crewe Advisors LLC acquired a new stake in Church & Dwight in the first quarter valued at $28,000. Roble Belko & Company Inc purchased a new stake in shares of Church & Dwight during the 1st quarter worth $31,000. Rothschild Investment LLC purchased a new position in shares of Church & Dwight in the 2nd quarter valued at about $31,000. Finally, Creekmur Asset Management LLC acquired a new stake in shares of Church & Dwight in the fourth quarter valued at about $32,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Church & Dwight Stock Performance

NYSE:CHD opened at $103.45 on Friday. The company has a market cap of $25.33 billion, a P/E ratio of 32.84, a P/E/G ratio of 3.55 and a beta of 0.54. The firm’s 50 day moving average is $102.00 and its two-hundred day moving average is $104.21. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $110.31. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.09. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period last year, the company posted $0.92 EPS. The business’s quarterly revenue was up 3.9% on a year-over-year basis. Analysts expect that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend was Thursday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Activity at Church & Dwight

In other news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction 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 transaction, the executive vice president now owns 4,319 shares of the company’s stock, valued at approximately $429,179.03. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CHD has been the subject of a number of research analyst reports. Argus increased their target price on shares of Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, June 11th. Wells Fargo & Company cut their price target on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. JPMorgan Chase & Co. lowered their price objective on shares of Church & Dwight from $101.00 to $97.00 and set an “underweight” rating on the stock in a research note on Monday, August 5th. Morgan Stanley cut shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a research report on Monday, September 9th. Finally, Stifel Nicolaus dropped their price objective on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average target price of $106.58.

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.