Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Invesco Ltd.

Invesco Ltd. increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 11.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,921,247 shares of the company's stock after buying an additional 298,848 shares during the period. Invesco Ltd. owned about 1.19% of Church & Dwight worth $305,884,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of CHD. Vanguard Group Inc. boosted its stake in Church & Dwight by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 30,691,064 shares of the company's stock valued at $3,213,661,000 after acquiring an additional 193,602 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Church & Dwight by 19.4% during the 4th quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock valued at $768,157,000 after purchasing an additional 1,190,154 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Church & Dwight by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 5,915,390 shares of the company's stock worth $617,794,000 after purchasing an additional 148,234 shares in the last quarter. Norges Bank purchased a new position in Church & Dwight during the 4th quarter worth $318,532,000. Finally, Amundi increased its position in Church & Dwight by 13.7% during the 4th quarter. Amundi now owns 1,833,603 shares of the company's stock valued at $188,073,000 after buying an additional 220,829 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Activity

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the company's stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 10,497 shares in the company, valued at $1,217,442.06. This represents a 83.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the sale, the executive vice president now owns 6,437 shares in the company, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 over the last three months. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CHD. Wells Fargo & Company boosted their price target on Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 2nd. Stifel Nicolaus boosted their target price 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. decreased their price target on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a report on Friday, April 11th. Royal Bank of Canada reissued a "sector perform" rating and set a $105.00 price objective on shares of Church & Dwight in a report on Monday, February 3rd. Finally, Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and raised their target price for the stock from $112.00 to $125.00 in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $112.75.

Church & Dwight Stock Performance

Church & Dwight stock traded down $0.42 during mid-day trading on Wednesday, hitting $104.65. The company had a trading volume of 240,154 shares, compared to its average volume of 1,684,208. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $25.76 billion, a price-to-earnings ratio of 44.16, a P/E/G ratio of 3.32 and a beta of 0.55. The company's fifty day moving average is $107.25 and its 200-day moving average is $106.09. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting 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 quarter last year, the firm earned $0.65 EPS. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a $0.295 dividend. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's dividend payout ratio (DPR) is presently 49.79%.

Church & Dwight 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 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.