Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Hamilton Point Investment Advisors LLC

Hamilton Point Investment Advisors LLC lowered its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 112,973 shares of the company’s stock after selling 1,234 shares during the quarter. Church & Dwight comprises approximately 2.1% of Hamilton Point Investment Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Hamilton Point Investment Advisors LLC’s holdings in Church & Dwight were worth $11,830,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in Church & Dwight in the 3rd quarter valued at approximately $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Church & Dwight during the third quarter valued at $28,000. Rothschild Investment LLC bought a new stake in shares of Church & Dwight during the second quarter valued at about $31,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Church & Dwight in the 2nd quarter valued at about $33,000. Finally, Strategic Financial Concepts LLC acquired a new position in Church & Dwight during the 2nd quarter valued at about $38,000. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Trading Down 0.3 %

Church & Dwight stock opened at $111.90 on Friday. Church & Dwight Co., Inc. has a 12 month low of $90.26 and a 12 month high of $113.50. 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 stock has a market cap of $27.42 billion, a P/E ratio of 50.18, a P/E/G ratio of 4.11 and a beta of 0.55. The company’s fifty day simple moving average is $104.17 and its 200-day simple moving average is $104.24.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.74 earnings per share. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.2838 per share. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.01%. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

Insider Activity

In other news, EVP Maynadier Patrick D. De sold 45,120 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was 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 directly owns 10,325 shares of the company’s stock, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Bradley C. Irwin sold 13,200 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the transaction, the director now directly owns 37,169 shares in the company, valued at $3,993,437.36. This trade represents a 26.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 535,733 shares of company stock valued at $55,920,470 over the last 90 days. 2.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CHD. Evercore ISI decreased their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. TD Cowen raised their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Barclays dropped their price target on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, November 5th. Finally, Morgan Stanley cut 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 research note on Monday, September 9th. Three 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $108.53.

Church & Dwight Profile

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.