Certuity LLC Acquires Shares of 3,841 Church & Dwight Co., Inc. (NYSE:CHD)

Certuity LLC bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,841 shares of the company's stock, valued at approximately $402,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. YANKCOM Partnership bought a new stake in Church & Dwight during the 4th quarter valued at approximately $25,000. Capital Performance Advisors LLP purchased a new stake in Church & Dwight in the third quarter worth $27,000. Ashton Thomas Securities LLC bought a new position in Church & Dwight in the third quarter worth $28,000. Versant Capital Management Inc lifted its position in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after buying an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Church & Dwight during the 4th quarter valued at $39,000. Institutional investors own 86.60% of the company's stock.

Insider Activity

In related news, EVP Maynadier Patrick D. De sold 45,120 shares of Church & Dwight stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the sale, the executive vice president now owns 10,325 shares in the company, valued at $1,158,361.75. This trade represents a 81.38 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the transaction, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. This trade represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,422 shares of company stock worth $11,424,351. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CHD has been the subject of a number of recent research reports. Royal Bank of Canada reissued a "sector perform" rating and set a $105.00 price target on shares of Church & Dwight in a research report on Monday, February 3rd. Stifel Nicolaus lifted their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Barclays upped their price target on Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research note on Tuesday, February 4th. TD Cowen lifted their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Finally, Wells Fargo & Company increased their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $111.53.

Church & Dwight Price Performance

NYSE CHD traded down $2.41 during trading hours on Friday, reaching $105.12. The company's stock had a trading volume of 1,723,559 shares, compared to its average volume of 1,640,525. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $113.50. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $25.75 billion, a price-to-earnings ratio of 44.36, a PEG ratio of 3.35 and a beta of 0.59. The firm's 50-day moving average price is $105.48 and its 200-day moving average price is $104.54.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting analysts' consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the business earned $0.65 earnings per share. On average, equities research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.12%. The ex-dividend date is Friday, February 14th. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's payout ratio is currently 47.68%.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.