Asset Advisors Investment Management LLC decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 186,420 shares of the company's stock after selling 6,492 shares during the period. Church & Dwight comprises about 2.0% of Asset Advisors Investment Management LLC's investment portfolio, making the stock its 16th biggest holding. Asset Advisors Investment Management LLC owned about 0.08% of Church & Dwight worth $19,520,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of CHD. YANKCOM Partnership acquired a new stake in shares of Church & Dwight during the fourth quarter worth $25,000. Capital Performance Advisors LLP acquired a new stake in Church & Dwight during the third quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight during the third quarter worth about $28,000. Versant Capital Management Inc lifted its holdings in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after acquiring an additional 184 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new position in Church & Dwight in the fourth quarter valued at approximately $39,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.
Church & Dwight Stock Up 0.9 %
Shares of CHD stock opened at $105.40 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The stock has a market cap of $25.93 billion, a PE ratio of 44.47, a price-to-earnings-growth ratio of 3.32 and a beta of 0.59. The business's fifty day moving average is $105.35 and its 200-day moving average is $104.74. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $113.50.
Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period in the previous year, the firm earned $0.65 EPS. Equities analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.
Church & Dwight Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.12%. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. Church & Dwight's dividend payout ratio (DPR) is presently 49.79%.
Insiders Place Their Bets
In related news, EVP Michael Read purchased 1,100 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The stock was acquired at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the transaction, the executive vice president now directly owns 2,505 shares of the company's stock, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Rick Spann sold 39,520 shares of the business's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $112.00, for a total value of $4,426,240.00. Following the sale, the executive vice president now owns 4,973 shares in the company, valued at approximately $556,976. The trade was a 88.82 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 49,522 shares of company stock worth $5,487,555. 2.00% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
CHD has been the topic of a number of research reports. TD Cowen increased their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft raised their target price on Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Stifel Nicolaus upped their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a report on Friday. Finally, Wells Fargo & Company boosted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $111.47.
Check Out Our Latest Stock Analysis on CHD
About Church & Dwight
(
Free Report)
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.
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Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD - Free Report).
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