Forum Financial Management LP Makes New $300,000 Investment in Church & Dwight Co., Inc. (NYSE:CHD)

Forum Financial Management LP purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,863 shares of the company's stock, valued at approximately $300,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. YANKCOM Partnership purchased a new stake in shares of Church & Dwight in the 4th quarter worth about $25,000. Versant Capital Management Inc increased its stake in shares of 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 purchasing an additional 184 shares in the last quarter. Bernard Wealth Management Corp. purchased a new position in shares of Church & Dwight during the fourth quarter valued at approximately $40,000. Bank of Jackson Hole Trust bought a new stake in shares of Church & Dwight in the 4th quarter worth approximately $43,000. Finally, Golden State Wealth Management LLC purchased a new stake in shares of Church & Dwight in the 4th quarter worth approximately $51,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the transaction, the executive vice president now owns 6,437 shares of the company's stock, valued at $707,941.26. The trade was a 63.21 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now directly owns 10,497 shares of the company's stock, valued at $1,217,442.06. The trade was a 83.85 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 65,570 shares of company stock valued at $7,538,449. Corporate insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their target price on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a research note on Friday, April 11th. Bank of America upgraded shares of Church & Dwight from a "neutral" rating to a "buy" rating and raised their price objective for the company from $112.00 to $125.00 in a research note on Tuesday, April 15th. Stifel Nicolaus upped their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research note on Monday, February 3rd. UBS Group boosted their price objective on shares of Church & Dwight from $109.00 to $110.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th. Finally, Wells Fargo & Company increased their target price on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research note on Wednesday, April 2nd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $112.13.

Church & Dwight Trading Down 2.0 %

CHD stock traded down $2.00 during midday trading on Thursday, reaching $100.13. The company's stock had a trading volume of 2,662,763 shares, compared to its average volume of 1,535,778. The firm has a market capitalization of $24.64 billion, a price-to-earnings ratio of 42.25, a PEG ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. 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 fifty day simple moving average of $106.94 and a two-hundred day simple moving average of $106.11.

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

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.18%. The ex-dividend date was Friday, February 14th. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio (DPR) is 49.79%.

About Church & Dwight

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.