Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC increased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,898 shares of the company’s stock after purchasing an additional 491 shares during the quarter. Sanctuary Advisors LLC’s holdings in Church & Dwight were worth $3,096,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. YANKCOM Partnership purchased a new stake in shares of Church & Dwight during the 4th quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new stake in Church & Dwight during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in Church & Dwight in the third quarter valued at $28,000. Versant Capital Management Inc boosted its stake in 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 acquiring an additional 184 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Church & Dwight during the fourth quarter worth about $39,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Church & Dwight

In other news, EVP Michael Read acquired 1,100 shares of Church & Dwight stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares in the company, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total value of $4,426,240.00. Following the sale, the executive vice president now owns 4,973 shares in the company, valued at approximately $556,976. The trade was a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,522 shares of company stock worth $5,487,555 over the last 90 days. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

CHD has been the subject of several research reports. TD Cowen boosted 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. Deutsche Bank Aktiengesellschaft boosted their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. JPMorgan Chase & Co. reduced their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday. Finally, Barclays raised their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $111.47.

Church & Dwight Price Performance

Shares of CHD opened at $105.40 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The stock’s 50 day moving average is $105.35 and its two-hundred day moving average is $104.69. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $113.50. The firm has a market capitalization of $25.93 billion, a PE ratio of 44.47, a P/E/G ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period in the prior year, the firm earned $0.65 EPS. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is currently 49.79%.

Church & Dwight Company 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.