Milestone Asset Management LLC Invests $1.04 Million in Church & Dwight Co., Inc. (NYSE:CHD)

Milestone Asset Management LLC acquired a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,944 shares of the company's stock, valued at approximately $1,041,000.

Several other hedge funds also recently modified their holdings of the stock. Capital Performance Advisors LLP acquired a new stake in Church & Dwight in the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight in the third quarter valued at approximately $28,000. Versant Capital Management Inc boosted its stake in shares of Church & Dwight by 224.4% during the 4th 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 period. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight during the 2nd quarter worth approximately $33,000. Finally, Point72 DIFC Ltd bought a new stake in Church & Dwight in the 2nd quarter valued at $50,000. Institutional investors own 86.60% of the company's stock.

Insiders Place Their Bets

In other news, EVP Michael Read purchased 1,100 shares of the business's stock in a transaction on Monday, December 16th. The shares were acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the acquisition, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the sale, the director now owns 7,129 shares of the company's stock, valued at approximately $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 593,035 shares of company stock worth $62,282,808 in the last three months. 2.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CHD has been the subject of several research reports. TD Cowen lifted their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, November 4th. Stifel Nicolaus lowered their price target on shares of Church & Dwight from $105.00 to $103.00 and set a "hold" rating on the stock in a research report on Friday, January 17th. Barclays boosted their price objective on shares of Church & Dwight from $85.00 to $90.00 and gave the company an "underweight" rating in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an "underweight" rating in a report on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $110.61.

Church & Dwight Stock Performance

Shares of NYSE CHD traded down $0.03 during mid-day trading on Thursday, reaching $106.75. 925,118 shares of the company's stock were exchanged, compared to its average volume of 1,496,537. The firm has a market capitalization of $26.15 billion, a price-to-earnings ratio of 47.81, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. The firm has a 50-day moving average price of $106.54 and a two-hundred day moving average price of $104.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period last year, the business posted $0.74 earnings per share. The business's revenue for the quarter was up 3.8% on a year-over-year basis. Analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

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.