Mount Yale Investment Advisors LLC Sells 438 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Mount Yale Investment Advisors LLC trimmed its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 6.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,902 shares of the company’s stock after selling 438 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Church & Dwight were worth $716,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Game Plan Financial Advisors LLC purchased a new stake in Church & Dwight during the 1st quarter valued at $26,000. Crewe Advisors LLC purchased a new stake in Church & Dwight during the first quarter valued at $28,000. Roble Belko & Company Inc purchased a new position in Church & Dwight in the first quarter worth about $31,000. Rothschild Investment LLC bought a new stake in shares of Church & Dwight during the 2nd quarter valued at about $31,000. Finally, Creekmur Asset Management LLC purchased a new stake in shares of Church & Dwight during the 4th quarter valued at about $32,000. Institutional investors own 86.60% of the company’s stock.

Insider Activity 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 stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $429,179.03. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.00% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on CHD. Evercore ISI cut their target price on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. BNP Paribas initiated coverage on Church & Dwight in a research note on Monday, June 24th. They issued a “neutral” rating and a $114.00 price objective for the company. Barclays lifted their target price on Church & Dwight from $80.00 to $82.00 and gave the company an “underweight” rating in a research report on Tuesday, August 6th. Truist Financial reduced their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Finally, Argus lifted their price objective on Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $106.58.

Church & Dwight Trading Up 0.1 %

Shares of CHD stock opened at $103.51 on Tuesday. The stock’s 50-day moving average price is $102.05 and its 200-day moving average price is $104.23. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The stock has a market capitalization of $25.31 billion, a price-to-earnings ratio of 32.86, a price-to-earnings-growth ratio of 3.55 and a beta of 0.54. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, August 2nd. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.92 EPS. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Announces Dividend

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

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.