Bokf Na Has $8.81 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Bokf Na lowered its position in Church & Dwight Co., Inc. (NYSE:CHD) by 2.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 83,861 shares of the company’s stock after selling 2,549 shares during the quarter. Bokf Na’s holdings in Church & Dwight were worth $8,807,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. 1832 Asset Management L.P. lifted its stake in Church & Dwight by 78.8% in the first quarter. 1832 Asset Management L.P. now owns 63,459 shares of the company’s stock valued at $6,619,000 after acquiring an additional 27,972 shares during the last quarter. Capital Research Global Investors acquired a new stake in shares of Church & Dwight during the 1st quarter worth about $69,384,000. Capital International Inc. CA lifted its stake in shares of Church & Dwight by 23.8% during the 1st quarter. Capital International Inc. CA now owns 182,776 shares of the company’s stock worth $19,065,000 after buying an additional 35,162 shares during the last quarter. Capital International Investors lifted its stake in shares of Church & Dwight by 1.0% during the 1st quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock worth $948,968,000 after buying an additional 92,862 shares during the last quarter. Finally, Capital Group Private Client Services Inc. lifted its stake in shares of Church & Dwight by 2.7% during the 1st quarter. Capital Group Private Client Services Inc. now owns 232,895 shares of the company’s stock worth $24,293,000 after buying an additional 6,036 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. TD Cowen assumed coverage on shares of Church & Dwight in a research note on Tuesday, July 23rd. They set a “buy” rating and a $116.00 target price for the company. Bank of America raised their target price on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, April 15th. Barclays cut their target price on shares of Church & Dwight from $82.00 to $80.00 and set an “underweight” rating for the company in a research note on Friday, July 19th. Evercore ISI raised their price target on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research report on Friday, May 3rd. Finally, Truist Financial raised their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, May 3rd. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $107.28.

Insider Buying and Selling

In related news, CFO Richard A. Dierker sold 86,740 shares of Church & Dwight stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at approximately $813,479.04. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, Director Penry W. Price sold 7,752 shares of Church & Dwight stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $105.47, for a total transaction of $817,603.44. Following the sale, the director now directly owns 25,692 shares in the company, valued at approximately $2,709,735.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Richard A. Dierker sold 86,740 shares of Church & Dwight stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the sale, the chief financial officer now owns 7,634 shares in the company, valued at $813,479.04. The disclosure for this sale can be found here. Insiders have sold a total of 182,346 shares of company stock worth $19,465,948 in the last ninety days. Company insiders own 2.00% of the company’s stock.

Church & Dwight Price Performance

Shares of Church & Dwight stock traded up $1.53 during midday trading on Friday, hitting $101.38. 1,273,426 shares of the company traded hands, compared to its average volume of 1,631,769. The stock has a market cap of $24.79 billion, a price-to-earnings ratio of 32.18, a PEG ratio of 3.30 and a beta of 0.52. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. The firm’s fifty day moving average price is $105.41 and its 200-day moving average price is $103.35. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $110.31.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.10. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.85 EPS. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were given a dividend of $0.2838 per share. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.12%. Church & Dwight’s dividend payout ratio is presently 35.87%.

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.