Hantz Financial Services Inc. Cuts Position in Church & Dwight Co., Inc. (NYSE:CHD)

Hantz Financial Services Inc. lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 104,236 shares of the company’s stock after selling 3,705 shares during the period. Hantz Financial Services Inc.’s holdings in Church & Dwight were worth $10,915,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CHD. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight in the 3rd quarter worth approximately $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight in the third quarter valued at $28,000. Versant Capital Management Inc increased its position in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 184 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Church & Dwight in the second quarter valued at $33,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth $46,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on CHD shares. JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. TD Cowen increased their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Stifel Nicolaus cut their price target on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a report on Friday, January 17th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $110.61.

Church & Dwight Stock Down 1.6 %

Shares of Church & Dwight stock opened at $107.61 on Wednesday. The company has a fifty day moving average price of $106.63 and a 200 day moving average price of $104.14. 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 Co., Inc. has a twelve month low of $96.09 and a twelve month high of $113.50. The stock has a market cap of $26.36 billion, a price-to-earnings ratio of 48.26, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.74 earnings per share. Equities research analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction on Monday, December 16th. The shares were bought at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the acquisition, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Joseph James Longo sold 7,780 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares of the company’s stock, valued at $44,976. The trade was a 95.11 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 593,035 shares of company stock valued at $62,282,808. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.