WD Rutherford LLC Raises Stake in Church & Dwight Co., Inc. (NYSE:CHD)

WD Rutherford LLC increased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.4% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 35,385 shares of the company’s stock after acquiring an additional 140 shares during the period. Church & Dwight makes up approximately 1.9% of WD Rutherford LLC’s holdings, making the stock its 24th largest holding. WD Rutherford LLC’s holdings in Church & Dwight were worth $3,691,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Game Plan Financial Advisors LLC acquired a new position in Church & Dwight during the 1st quarter worth approximately $26,000. Chilton Capital Management LLC raised its position in shares of Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares in the last quarter. Roble Belko & Company Inc acquired a new position in shares of Church & Dwight in the 1st quarter valued at approximately $31,000. Creekmur Asset Management LLC acquired a new position in shares of Church & Dwight in the 4th quarter valued at approximately $32,000. Finally, Annapolis Financial Services LLC raised its position in shares of Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after purchasing an additional 334 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of recent analyst reports. Argus upped their target price on Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft upped their target price on Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. Evercore ISI upped their target price on Church & Dwight from $107.00 to $110.00 and gave the company an “in-line” rating in a research report on Friday, May 3rd. JPMorgan Chase & Co. lowered their price target on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a report on Friday, May 3rd. Finally, Bank of America boosted their price target on Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a report on Monday, April 15th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $106.65.

Church & Dwight Price Performance

Shares of Church & Dwight stock traded down $0.33 during trading on Friday, hitting $103.68. The stock had a trading volume of 6,988,946 shares, compared to its average volume of 1,295,333. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.82. The firm has a market cap of $25.35 billion, a P/E ratio of 32.90, a PEG ratio of 3.39 and a beta of 0.51. The business has a fifty day moving average of $106.79 and a two-hundred day moving average of $101.90. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $110.31.

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

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were issued a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s dividend payout ratio is 35.87%.

Insider Activity

In other news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $105.47, for a total transaction of $817,603.44. Following the completion of the sale, the director now directly owns 25,692 shares of the company’s stock, valued at $2,709,735.24. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $105.47, for a total transaction of $817,603.44. Following the completion of the sale, the director now directly owns 25,692 shares of the company’s stock, valued at $2,709,735.24. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert K. Shearer sold 13,200 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total value of $1,403,952.00. Following the completion of the sale, the director now directly owns 29,108 shares of the company’s stock, valued at $3,095,926.88. The disclosure for this sale can be found here. Insiders sold a total of 182,346 shares of company stock valued at $19,465,948 over the last three months. Insiders own 2.00% of the company’s stock.

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.