Global Trust Asset Management LLC Purchases 2,400 Shares of Church & Dwight Co., Inc. (CHD)

Global Trust Asset Management LLC lifted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 100.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,800 shares of the company’s stock after buying an additional 2,400 shares during the quarter. Global Trust Asset Management LLC’s holdings in Church & Dwight were worth $316,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CHD. Legacy Capital Partners Inc. boosted its position in Church & Dwight by 1.2% during the fourth quarter. Legacy Capital Partners Inc. now owns 29,789 shares of the company’s stock worth $1,959,000 after purchasing an additional 350 shares during the period. Dividend Assets Capital LLC lifted its holdings in shares of Church & Dwight by 0.6% during the third quarter. Dividend Assets Capital LLC now owns 142,035 shares of the company’s stock worth $8,433,000 after buying an additional 828 shares during the last quarter. Front Row Advisors LLC lifted its holdings in shares of Church & Dwight by 5.7% during the third quarter. Front Row Advisors LLC now owns 16,189 shares of the company’s stock worth $970,000 after buying an additional 870 shares during the last quarter. Northeast Investment Management lifted its holdings in shares of Church & Dwight by 1.3% during the third quarter. Northeast Investment Management now owns 73,200 shares of the company’s stock worth $4,346,000 after buying an additional 930 shares during the last quarter. Finally, Iberiabank Corp lifted its holdings in shares of Church & Dwight by 14.7% during the third quarter. Iberiabank Corp now owns 7,270 shares of the company’s stock worth $432,000 after buying an additional 931 shares during the last quarter. 82.38% of the stock is owned by institutional investors and hedge funds.

In other Church & Dwight news, VP Richard A. Dierker sold 16,880 shares of the company’s stock in a transaction on Monday, January 7th. The stock was sold at an average price of $66.25, for a total value of $1,118,300.00. Following the sale, the vice president now directly owns 18,776 shares in the company, valued at $1,243,910. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Steven P. Cugine sold 15,000 shares of the company’s stock in a transaction on Monday, November 19th. The shares were sold at an average price of $64.39, for a total value of $965,850.00. Following the completion of the sale, the executive vice president now owns 43,948 shares in the company, valued at $2,829,811.72. The disclosure for this sale can be found here. Insiders sold 379,660 shares of company stock valued at $25,161,897 over the last 90 days. 2.00% of the stock is currently owned by corporate insiders.

A number of brokerages have recently commented on CHD. JPMorgan Chase & Co. upped their price target on Church & Dwight from $58.00 to $63.00 and gave the stock a “neutral” rating in a report on Friday, November 2nd. Zacks Investment Research lowered Church & Dwight from a “buy” rating to a “hold” rating in a report on Monday, November 19th. BMO Capital Markets upped their price target on Church & Dwight from $55.00 to $62.00 and gave the stock a “hold” rating in a report on Friday, November 2nd. Morgan Stanley upped their price target on Church & Dwight from $50.00 to $55.00 and gave the stock a “sell” rating in a report on Monday, November 5th. Finally, Bank of America upped their price target on Church & Dwight from $55.00 to $58.00 and gave the stock an “underperform” rating in a report on Thursday, October 4th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company. Church & Dwight presently has an average rating of “Hold” and an average price target of $60.76.

Shares of NYSE CHD opened at $67.15 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.93 and a quick ratio of 0.55. The firm has a market capitalization of $16.21 billion, a P/E ratio of 34.61, a PEG ratio of 2.61 and a beta of 0.32. Church & Dwight Co., Inc. has a one year low of $44.87 and a one year high of $69.49.

Church & Dwight (NYSE:CHD) last issued its earnings results on Thursday, November 1st. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.04. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. Church & Dwight had a return on equity of 25.00% and a net margin of 20.25%. Church & Dwight’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.49 earnings per share. Equities analysts anticipate that Church & Dwight Co., Inc. will post 2.28 EPS for the current year.

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Church & Dwight Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesic products 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; and water flossers and replacement showerheads under the WATERPIK brand.

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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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