Marco Investment Management LLC Buys 350 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Marco Investment Management LLC raised its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 6.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,650 shares of the company’s stock after acquiring an additional 350 shares during the quarter. Marco Investment Management LLC’s holdings in Church & Dwight were worth $592,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Capital Performance Advisors LLP bought a new position in Church & Dwight during the third quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight during the 3rd quarter worth approximately $28,000. Rothschild Investment LLC bought a new stake in shares of Church & Dwight during the second quarter valued at approximately $31,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight during the second quarter valued at approximately $33,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Church & Dwight in the second quarter valued at $46,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 45,120 shares of the business’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 transaction 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 $1,158,361.75. The trade was a 81.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Arthur B. Winkleblack sold 11,590 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the transaction, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. The trade was a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 535,733 shares of company stock worth $55,920,470 over the last 90 days. Insiders own 2.00% of the company’s stock.

Church & Dwight Trading Down 0.3 %

CHD opened at $111.90 on Friday. Church & Dwight Co., Inc. has a 1-year low of $90.26 and a 1-year high of $113.50. The firm has a 50-day moving average price of $104.17 and a two-hundred day moving average price of $104.22. The stock has a market capitalization of $27.42 billion, a PE ratio of 50.18, a PEG ratio of 4.09 and a beta of 0.55. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the business posted $0.74 earnings per share. Church & Dwight’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Morgan Stanley cut shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a research note on Monday, September 9th. TD Cowen increased their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Evercore ISI cut their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. boosted their price target on Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research note on Monday, November 4th. Three 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 stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $108.53.

Church & Dwight Company 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.