Kingswood Wealth Advisors LLC Acquires New Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Kingswood Wealth Advisors LLC purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHDFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,825 shares of the company’s stock, valued at approximately $456,000.

Other institutional investors also recently bought and sold shares of the company. Covestor Ltd raised its position in Church & Dwight by 82.2% during the second quarter. Covestor Ltd now owns 359 shares of the company’s stock valued at $36,000 after acquiring an additional 162 shares in the last quarter. Koesten Hirschmann & Crabtree INC. acquired a new position in shares of Church & Dwight during the 3rd quarter worth approximately $38,000. PSI Advisors LLC acquired a new position in shares of Church & Dwight during the 3rd quarter worth approximately $39,000. Money Concepts Capital Corp raised its stake in shares of Church & Dwight by 468.2% during the 4th quarter. Money Concepts Capital Corp now owns 625 shares of the company’s stock worth $50,000 after buying an additional 515 shares during the period. Finally, ST Germain D J Co. Inc. acquired a new position in shares of Church & Dwight during the 2nd quarter worth approximately $59,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Church & Dwight

In other news, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. In the last ninety days, insiders sold 373,052 shares of company stock worth $38,603,796. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Up 1.3 %

Shares of NYSE:CHD opened at $104.22 on Thursday. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The business has a fifty day moving average of $100.64 and a two-hundred day moving average of $95.41. The stock has a market cap of $25.42 billion, a P/E ratio of 34.28, a PEG ratio of 3.54 and a beta of 0.53. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $105.67.

Church & Dwight (NYSE:CHDGet Free Report) last released its quarterly earnings results on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.65. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.62 EPS. On average, research analysts expect that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Wednesday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.09%. Church & Dwight’s dividend payout ratio is currently 37.17%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CHD. JPMorgan Chase & Co. upped their target price on Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a research note on Thursday, January 18th. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research note on Friday, February 2nd. The Goldman Sachs Group assumed coverage on Church & Dwight in a research note on Friday, March 1st. They set a “buy” rating and a $110.00 target price for the company. Barclays increased their price objective on Church & Dwight from $76.00 to $80.00 and gave the company an “underweight” rating in a research note on Tuesday, February 6th. Finally, Oppenheimer increased their price objective on Church & Dwight from $107.00 to $110.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and an average target price of $102.80.

Read Our Latest Analysis on Church & Dwight

Church & Dwight Company Profile

(Free Report)

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.

See Also

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

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