Prime Capital Investment Advisors LLC Purchases Shares of 2,217 Church & Dwight Co., Inc. (NYSE:CHD)

Prime Capital Investment Advisors LLC purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,217 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors have also recently made changes to their positions in CHD. Sei Investments Co. lifted its stake in shares of Church & Dwight by 11.7% in the 1st quarter. Sei Investments Co. now owns 148,186 shares of the company’s stock valued at $14,670,000 after purchasing an additional 15,509 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of Church & Dwight by 27.8% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,078 shares of the company’s stock valued at $306,000 after purchasing an additional 670 shares during the period. Candriam Luxembourg S.C.A. lifted its stake in shares of Church & Dwight by 226.2% in the 1st quarter. Candriam Luxembourg S.C.A. now owns 55,918 shares of the company’s stock valued at $5,557,000 after purchasing an additional 38,777 shares during the period. Baird Financial Group Inc. lifted its stake in shares of Church & Dwight by 119.2% in the 1st quarter. Baird Financial Group Inc. now owns 22,674 shares of the company’s stock valued at $2,253,000 after purchasing an additional 12,328 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its stake in shares of Church & Dwight by 54.6% in the 1st quarter. Brown Brothers Harriman & Co. now owns 1,702 shares of the company’s stock valued at $169,000 after purchasing an additional 601 shares during the period. Institutional investors own 86.60% of the company’s stock.

Insider Activity

In other news, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction on 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 of the company’s stock, valued at $451,551.45. The disclosure for this sale can be found here. Insiders sold a total of 373,052 shares of company stock valued at $38,603,796 over the last three months. Corporate insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on CHD shares. The Goldman Sachs Group started coverage on Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective on the stock. UBS Group upped their price target on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research note on Monday, February 5th. 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. Oppenheimer upped their price target on Church & Dwight from $107.00 to $110.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Finally, Royal Bank of Canada upped their price target on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research note on Monday, February 5th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $103.00.

Church & Dwight Stock Performance

Shares of CHD opened at $101.08 on Monday. The firm has a market capitalization of $24.65 billion, a P/E ratio of 33.25, a P/E/G ratio of 3.48 and a beta of 0.53. 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 50 day moving average price of $101.69 and a two-hundred day moving average price of $96.16. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $105.67.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.65. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. Church & Dwight’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.62 earnings per share. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were issued a $0.2838 dividend. 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 annualized dividend and a dividend yield of 1.12%. Church & Dwight’s dividend payout ratio is currently 37.17%.

Church & Dwight 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.