PFG Investments LLC Purchases 942 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

PFG Investments LLC raised its position in Church & Dwight Co., Inc. (NYSE:CHD) by 24.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 4,851 shares of the company’s stock after acquiring an additional 942 shares during the period. PFG Investments LLC’s holdings in Church & Dwight were worth $506,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Game Plan Financial Advisors LLC purchased a new position in Church & Dwight during the 1st quarter worth $26,000. Chilton Capital Management LLC raised its position in Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after acquiring an additional 110 shares during the period. Roble Belko & Company Inc purchased a new position in Church & Dwight in the first quarter valued at about $31,000. Creekmur Asset Management LLC purchased a new stake in Church & Dwight in the fourth quarter worth $32,000. Finally, Annapolis Financial Services LLC grew its stake in shares of Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after acquiring an additional 334 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CHD has been the topic of several research reports. JPMorgan Chase & Co. boosted their price target on shares of Church & Dwight from $87.00 to $95.00 and gave the company an “underweight” rating in a research report on Thursday, January 18th. Barclays increased their price objective on Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. Oppenheimer boosted their price objective on Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, April 23rd. Stifel Nicolaus increased their target price on Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research note on Monday, February 5th. Finally, UBS Group boosted their target price on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research report on Monday, February 5th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $104.07.

Insider Activity

In related news, EVP Michael Read sold 4,500 shares of Church & Dwight stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now directly owns 6,373 shares in the company, valued at approximately $638,702.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. Insiders have sold 373,052 shares of company stock worth $38,603,796 in the last three months. Company insiders own 1.40% of the company’s stock.

Church & Dwight Stock Performance

CHD traded up $0.59 during mid-day trading on Monday, reaching $106.91. 1,544,500 shares of the company traded hands, compared to its average volume of 1,277,947. The stock has a market capitalization of $26.08 billion, a P/E ratio of 35.17, a P/E/G ratio of 3.55 and a beta of 0.53. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $108.10. The company’s fifty day moving average price is $103.10 and its 200-day moving average price is $97.38.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting analysts’ consensus estimates of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the prior year, the company earned $0.62 earnings per share. The firm’s revenue was up 6.4% on a year-over-year basis. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a $0.2838 dividend. The ex-dividend date was Wednesday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.06%. Church & Dwight’s dividend payout ratio is 37.17%.

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.