Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado trimmed its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 0.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 212,727 shares of the company’s stock after selling 1,420 shares during the period. Public Employees Retirement Association of Colorado owned about 0.09% of Church & Dwight worth $22,056,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Texas Yale Capital Corp. lifted its stake in Church & Dwight by 1.0% during the first quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock worth $1,106,000 after purchasing an additional 100 shares during the last quarter. Garner Asset Management Corp lifted its position in shares of Church & Dwight by 5.1% during the 1st quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock worth $215,000 after buying an additional 100 shares during the last quarter. Elk River Wealth Management LLC boosted its holdings in shares of Church & Dwight by 0.3% in the 2nd quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock valued at $3,595,000 after buying an additional 114 shares in the last quarter. Kingswood Wealth Advisors LLC grew its position in shares of Church & Dwight by 2.4% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock valued at $516,000 after buying an additional 117 shares during the last quarter. Finally, Sovereign Financial Group Inc. raised its stake in Church & Dwight by 0.7% during the 1st quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock worth $1,819,000 after acquiring an additional 120 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Church & Dwight Stock Up 1.8 %

Church & Dwight stock opened at $103.45 on Friday. The stock’s 50 day moving average price is $102.00 and its 200 day moving average price is $104.21. The company has a market cap of $25.33 billion, a PE ratio of 32.84, a price-to-earnings-growth ratio of 3.55 and a beta of 0.54. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 0.98. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $110.31.

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

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio is currently 35.87%.

Analysts Set New Price Targets

CHD has been the topic of several research reports. Stifel Nicolaus dropped their price objective on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th. Barclays boosted their price objective on Church & Dwight from $80.00 to $82.00 and gave the company an “underweight” rating in a research note on Tuesday, August 6th. Argus raised their target price on shares of Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, June 11th. BNP Paribas began coverage on shares of Church & Dwight in a report on Monday, June 24th. They issued a “neutral” rating and a $114.00 target price on the stock. Finally, Evercore ISI decreased their price target on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research note on Monday, August 5th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $106.58.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the business’s stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.00% of the stock is currently owned by company insiders.

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.