Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 7.2% in the 4th quarter, HoldingsChannel reports. The firm owned 3,222 shares of the company’s stock after selling 249 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Church & Dwight were worth $305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in CHD. Chilton Capital Management LLC raised its holdings in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new position in shares of Church & Dwight during the third quarter worth $38,000. PSI Advisors LLC purchased a new position in shares of Church & Dwight during the third quarter worth $39,000. Money Concepts Capital Corp raised its holdings in shares of Church & Dwight by 468.2% during the fourth quarter. Money Concepts Capital Corp now owns 625 shares of the company’s stock worth $50,000 after purchasing an additional 515 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new position in shares of Church & Dwight during the second quarter worth $59,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CHD. Stifel Nicolaus raised their target price on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a report on Monday, February 5th. Argus raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a report on Friday, February 23rd. UBS Group lifted their price objective on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Monday, February 5th. Barclays lifted their price objective on shares of Church & Dwight from $80.00 to $83.00 and gave the company an “underweight” rating in a report on Friday. Finally, Oppenheimer lifted their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and an average price target of $103.00.

Insider Buying and Selling

In related news, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rene Hemsey sold 9,280 shares of the business’s 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 completion of the transaction, the executive vice president now owns 6,373 shares in the company, valued at $638,702.06. The disclosure for this sale can be found here. Over the last three months, insiders have sold 373,052 shares of company stock worth $38,603,796. 1.40% of the stock is owned by insiders.

Church & Dwight Stock Down 0.5 %

Shares of NYSE CHD opened at $101.08 on Monday. The firm has a market cap of $24.65 billion, a price-to-earnings ratio of 33.25, a price-to-earnings-growth ratio of 3.48 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. The company’s 50-day simple moving average is $101.69 and its 200-day simple moving average is $96.16. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

Church & Dwight (NYSE:CHD) last posted 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 firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. Church & Dwight’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.62 earnings per share. Equities analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a yield of 1.12%. Church & Dwight’s payout ratio is presently 37.17%.

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.