Church & Dwight Co., Inc. (NYSE:CHD) Position Decreased by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,453 shares of the company’s stock after selling 140 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Church & Dwight were worth $421,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC raised its position in shares of Church & Dwight by 17.9% in the third quarter. CWM LLC now owns 8,458 shares of the company’s stock valued at $775,000 after purchasing an additional 1,284 shares during the period. AE Wealth Management LLC grew its position in Church & Dwight by 5.4% in the 3rd quarter. AE Wealth Management LLC now owns 7,966 shares of the company’s stock worth $730,000 after purchasing an additional 409 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of Church & Dwight by 17.1% during the 3rd quarter. HB Wealth Management LLC now owns 4,821 shares of the company’s stock worth $442,000 after purchasing an additional 703 shares during the period. Capital Investment Advisors LLC acquired a new position in shares of Church & Dwight during the third quarter valued at about $203,000. Finally, Flagship Harbor Advisors LLC raised its holdings in Church & Dwight by 33.1% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 5,610 shares of the company’s stock valued at $514,000 after acquiring an additional 1,394 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CHD has been the topic of several recent research reports. Oppenheimer lifted their target price on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday. Bank of America increased their target price on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. Argus raised Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a research note on Friday, February 23rd. UBS Group increased their price objective on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research note on Monday, February 5th. Finally, The Goldman Sachs Group started coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 target price for the company. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and an average target price of $104.07.

Church & Dwight Price Performance

Shares of CHD stock opened at $106.68 on Wednesday. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $107.42. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. The stock has a market cap of $26.02 billion, a PE ratio of 35.09, a PEG ratio of 3.52 and a beta of 0.53. The firm’s 50 day moving average price is $102.34 and its two-hundred day moving average price is $96.83.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, hitting the consensus estimate of $0.65. The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.62 earnings per share. As a group, analysts forecast 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 issued a dividend of $0.2838 per share. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. Church & Dwight’s payout ratio is currently 37.17%.

Insider Activity at Church & Dwight

In other news, CFO Richard A. Dierker sold 24,380 shares of Church & Dwight stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the completion of the transaction, the chief financial officer now directly owns 7,634 shares in the company, valued at $790,958.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Rene Hemsey sold 9,280 shares of the 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 of the company’s stock, valued at approximately $638,702.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard A. Dierker sold 24,380 shares of the stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the sale, the chief financial officer now owns 7,634 shares in the company, valued at approximately $790,958.74. The disclosure for this sale can be found here. In the last 90 days, insiders sold 373,052 shares of company stock valued at $38,603,796. 1.40% of the stock is owned by company insiders.

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.