Fisher Asset Management LLC Sells 410 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Fisher Asset Management LLC reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,359 shares of the company’s stock after selling 410 shares during the quarter. Fisher Asset Management LLC’s holdings in Church & Dwight were worth $2,209,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CHD. Chilton Capital Management LLC boosted its position in 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 buying an additional 110 shares during the period. Annapolis Financial Services LLC raised its stake in shares of Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after acquiring an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new stake in shares of Church & Dwight in the third quarter valued at approximately $38,000. McGlone Suttner Wealth Management Inc. bought a new position in Church & Dwight in the fourth quarter worth approximately $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its position in Church & Dwight by 74.7% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock valued at $65,000 after purchasing an additional 293 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Trading Down 0.1 %

Shares of NYSE:CHD opened at $106.79 on Thursday. The company has a market capitalization of $26.11 billion, a PE ratio of 33.90, a PEG ratio of 3.47 and a beta of 0.51. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $108.68. The business has a 50 day moving average of $103.92 and a two-hundred day moving average of $98.11. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54.

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, topping analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the prior year, the firm posted $0.85 earnings per share. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. As a group, analysts forecast that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a $0.2838 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. Church & Dwight’s dividend payout ratio is presently 35.87%.

Wall Street Analysts Forecast Growth

CHD has been the topic of several recent analyst reports. The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a report on Friday, March 1st. They set a “buy” rating and a $110.00 price objective on the stock. 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 report on Friday, May 3rd. Bank of America boosted their price objective on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a report on Monday, April 15th. Barclays cut their target price on Church & Dwight from $83.00 to $82.00 and set an “underweight” rating on the stock in a research report on Monday. Finally, JPMorgan Chase & Co. dropped their price target on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating on the stock in a research note on Friday, May 3rd. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $105.56.

Insider Buying and Selling

In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $105.47, for a total value of $817,603.44. Following 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 filing with the SEC, which can be accessed through the SEC website. In related news, EVP Brian D. Buchert sold 12,120 shares of Church & Dwight stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $102.84, for a total value of $1,246,420.80. Following the sale, the executive vice president now directly owns 6,120 shares in the company, valued at approximately $629,380.80. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Penry W. Price sold 7,752 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $105.47, for a total value of $817,603.44. Following the sale, the director now owns 25,692 shares of the company’s stock, valued at $2,709,735.24. The disclosure for this sale can be found here. In the last 90 days, insiders sold 371,524 shares of company stock valued at $38,491,358. 1.40% of the stock is owned by company insiders.

About Church & Dwight

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.