Wealthfront Advisers LLC Acquires 5,977 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Wealthfront Advisers LLC boosted its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 29.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,460 shares of the company’s stock after purchasing an additional 5,977 shares during the quarter. Wealthfront Advisers LLC’s holdings in Church & Dwight were worth $1,885,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc grew its stake in Church & Dwight by 0.7% in the 3rd quarter. Vanguard Group Inc now owns 27,786,142 shares of the company’s stock valued at $1,649,662,000 after buying an additional 185,775 shares in the last quarter. Advisors Asset Management Inc. grew its stake in Church & Dwight by 1,037.3% in the 4th quarter. Advisors Asset Management Inc. now owns 18,674 shares of the company’s stock valued at $1,228,000 after buying an additional 17,032 shares in the last quarter. Dupont Capital Management Corp grew its position in shares of Church & Dwight by 75.1% during the 4th quarter. Dupont Capital Management Corp now owns 4,338 shares of the company’s stock valued at $285,000 after purchasing an additional 1,860 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in shares of Church & Dwight during the 4th quarter valued at $47,000. Finally, Capital Investment Advisory Services LLC purchased a new position in shares of Church & Dwight during the 4th quarter valued at $60,000. Institutional investors and hedge funds own 82.11% of the company’s stock.

NYSE:CHD traded up $0.22 during midday trading on Wednesday, hitting $76.91. The company had a trading volume of 29,737 shares, compared to its average volume of 1,628,498. Church & Dwight Co., Inc. has a 52-week low of $48.46 and a 52-week high of $79.22. The firm has a market capitalization of $19.20 billion, a PE ratio of 33.88, a price-to-earnings-growth ratio of 3.67 and a beta of 0.25. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.45 and a current ratio of 0.81.

Church & Dwight (NYSE:CHD) last announced its earnings results on Thursday, May 2nd. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.04. Church & Dwight had a net margin of 14.02% and a return on equity of 24.62%. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same period in the previous year, the business earned $0.63 earnings per share. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 2.48 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were given a $0.2275 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $0.91 annualized dividend and a yield of 1.18%. Church & Dwight’s dividend payout ratio (DPR) is presently 40.09%.

A number of research firms have recently commented on CHD. Zacks Investment Research lowered shares of Church & Dwight from a “buy” rating to a “hold” rating and set a $77.00 price target for the company. in a research report on Thursday, May 30th. SunTrust Banks boosted their price target on shares of Church & Dwight to $80.00 and gave the company a “buy” rating in a research report on Thursday, May 23rd. Atlantic Securities lowered shares of Church & Dwight from an “overweight” rating to a “neutral” rating in a research report on Monday, May 13th. BMO Capital Markets boosted their price target on shares of Church & Dwight to $75.00 and gave the company a “market perform” rating in a research report on Friday, May 3rd. Finally, Wells Fargo & Co restated a “hold” rating and set a $70.00 price target on shares of Church & Dwight in a research report on Thursday, May 2nd. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $67.94.

In other Church & Dwight news, Director Bradley C. Irwin sold 13,172 shares of the business’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $72.58, for a total value of $956,023.76. Following the completion of the sale, the director now directly owns 49,898 shares of the company’s stock, valued at $3,621,596.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Britta Bomhard sold 27,000 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $73.43, for a total transaction of $1,982,610.00. Following the completion of the sale, the vice president now directly owns 32,219 shares of the company’s stock, valued at $2,365,841.17. The disclosure for this sale can be found here. Insiders sold 159,516 shares of company stock valued at $11,866,800 over the last quarter. 2.00% of the stock is owned by company insiders.

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Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. 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.

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

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