Church & Dwight Co., Inc. (NYSE:CHD) EVP Michael Read Purchases 1,100 Shares

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) EVP Michael Read purchased 1,100 shares of the firm's stock in a transaction on Monday, December 16th. The stock was bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the acquisition, the executive vice president now owns 2,505 shares of the company's stock, valued at approximately $267,584.10. The trade was a 78.29 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Church & Dwight Price Performance

CHD remained flat at $105.82 during midday trading on Tuesday. 1,407,479 shares of the company's stock were exchanged, compared to its average volume of 1,398,524. Church & Dwight Co., Inc. has a one year low of $90.69 and a one year high of $113.50. The firm has a market cap of $25.93 billion, a PE ratio of 47.47, a PEG ratio of 3.86 and a beta of 0.57. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The company's fifty day moving average price is $105.91 and its 200-day moving average price is $104.44.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period last year, the company posted $0.74 EPS. The company's revenue was up 3.8% on a year-over-year basis. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date was Friday, November 15th. Church & Dwight's payout ratio is currently 50.67%.

Analysts Set New Price Targets

CHD has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their target price on Church & Dwight from $98.00 to $99.00 and gave the stock an "underweight" rating in a report on Monday, November 4th. Morgan Stanley downgraded shares of Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price objective on the stock. in a report on Monday, September 9th. Wells Fargo & Company upped their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Finally, 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. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $109.56.

Institutional Trading of Church & Dwight

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC boosted its stake in shares of Church & Dwight by 1,617.3% during the 2nd quarter. Millennium Management LLC now owns 1,292,854 shares of the company's stock worth $134,043,000 after purchasing an additional 1,217,568 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Church & Dwight by 4,161.5% during the second quarter. Marshall Wace LLP now owns 1,100,410 shares of the company's stock valued at $114,091,000 after buying an additional 1,074,588 shares during the period. Holocene Advisors LP acquired a new stake in Church & Dwight during the third quarter worth approximately $104,795,000. State Street Corp grew its stake in Church & Dwight by 8.0% in the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company's stock worth $1,373,542,000 after acquiring an additional 969,006 shares during the period. Finally, World Investment Advisors LLC purchased a new stake in Church & Dwight in the 3rd quarter worth approximately $58,338,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

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.