Maynadier Patrick D. De Sells 45,120 Shares of Church & Dwight Co., Inc. (NYSE:CHD) Stock

Church & Dwight Co., Inc. (NYSE:CHD) EVP Maynadier Patrick D. De sold 45,120 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the sale, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Church & Dwight Price Performance

CHD stock traded up $0.98 during midday trading on Friday, hitting $113.23. 38,280 shares of the stock were exchanged, compared to its average volume of 1,389,547. Church & Dwight Co., Inc. has a fifty-two week low of $90.26 and a fifty-two week high of $113.32. The stock has a market cap of $27.74 billion, a price-to-earnings ratio of 50.37, a PEG ratio of 4.06 and a beta of 0.55. The stock’s 50-day moving average price is $104.01 and its 200-day moving average price is $104.19. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results 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 return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the previous year, the firm posted $0.74 earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. Research analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Friday, November 15th. Church & Dwight’s dividend payout ratio is currently 50.67%.

Analysts Set New Price Targets

CHD has been the subject of a number of analyst reports. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target for the company. in a report on Monday, September 9th. JPMorgan Chase & Co. increased their price objective on Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their target price on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. TD Cowen increased 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. Finally, Wells Fargo & Company raised their target price on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $108.53.

Hedge Funds Weigh In On Church & Dwight

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Toronto Dominion Bank boosted its stake in shares of Church & Dwight by 8.6% during the 3rd quarter. Toronto Dominion Bank now owns 131,315 shares of the company’s stock valued at $13,751,000 after buying an additional 10,376 shares during the last quarter. Coldstream Capital Management Inc. increased its holdings in Church & Dwight by 4.1% in the third quarter. Coldstream Capital Management Inc. now owns 6,233 shares of the company’s stock valued at $654,000 after buying an additional 248 shares during the last quarter. Barclays PLC increased its holdings in Church & Dwight by 63.9% in the third quarter. Barclays PLC now owns 1,106,131 shares of the company’s stock valued at $115,832,000 after buying an additional 431,257 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Church & Dwight by 8.7% in the third quarter. Nomura Asset Management Co. Ltd. now owns 443,988 shares of the company’s stock valued at $46,494,000 after buying an additional 35,635 shares during the last quarter. Finally, MML Investors Services LLC increased its holdings in Church & Dwight by 2.0% in the third quarter. MML Investors Services LLC now owns 15,630 shares of the company’s stock valued at $1,637,000 after buying an additional 309 shares during the last quarter. 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.