Bokf Na lifted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 111.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 35,275 shares of the company’s stock after buying an additional 18,630 shares during the quarter. Bokf Na’s holdings in Church & Dwight were worth $2,320,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Thoroughbred Financial Services LLC bought a new stake in shares of Church & Dwight in the 4th quarter worth $926,000. Geode Capital Management LLC raised its stake in shares of Church & Dwight by 13.4% in the 4th quarter. Geode Capital Management LLC now owns 3,403,820 shares of the company’s stock worth $223,470,000 after buying an additional 403,357 shares in the last quarter. Fort L.P. raised its stake in shares of Church & Dwight by 74.9% in the 4th quarter. Fort L.P. now owns 29,775 shares of the company’s stock worth $1,958,000 after buying an additional 12,753 shares in the last quarter. ARP Americas LP bought a new stake in shares of Church & Dwight in the 4th quarter worth $342,000. Finally, Neuburgh Advisers LLC raised its stake in shares of Church & Dwight by 70.1% in the 4th quarter. Neuburgh Advisers LLC now owns 20,960 shares of the company’s stock worth $1,378,000 after buying an additional 8,640 shares in the last quarter. 81.78% of the stock is currently owned by institutional investors.
A number of analysts have recently commented on CHD shares. Zacks Investment Research downgraded Church & Dwight from a “buy” rating to a “hold” rating in a research note on Monday, November 19th. Bank of America reissued an “underperform” rating and issued a $66.00 price objective (up previously from $58.00) on shares of Church & Dwight in a research note on Thursday, December 6th. Morgan Stanley set a $58.00 price objective on Church & Dwight and gave the stock a “sell” rating in a research note on Thursday, December 20th. Goldman Sachs Group raised Church & Dwight from a “sell” rating to a “neutral” rating and set a $61.00 price objective on the stock in a research note on Tuesday, February 5th. Finally, Deutsche Bank raised Church & Dwight from a “sell” rating to a “hold” rating and set a $60.46 price objective on the stock in a research note on Wednesday, February 6th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the company’s stock. Church & Dwight has a consensus rating of “Hold” and a consensus target price of $62.23.
In related news, EVP Maynadier Patrick D. De sold 139,320 shares of the company’s stock in a transaction on Monday, January 14th. The stock was sold at an average price of $66.72, for a total transaction of $9,295,430.40. Following the transaction, the executive vice president now directly owns 40,650 shares of the company’s stock, valued at $2,712,168. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Richard A. Dierker sold 16,880 shares of the company’s stock in a transaction on Monday, January 7th. The shares were sold at an average price of $66.25, for a total value of $1,118,300.00. Following the transaction, the vice president now directly owns 18,776 shares in the company, valued at $1,243,910. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by insiders.
Shares of Church & Dwight stock opened at $66.93 on Friday. The firm has a market cap of $16.42 billion, a PE ratio of 29.48, a P/E/G ratio of 3.24 and a beta of 0.22. The company has a current ratio of 0.81, a quick ratio of 0.52 and a debt-to-equity ratio of 0.61. Church & Dwight Co., Inc. has a 12-month low of $44.87 and a 12-month high of $69.49.
Church & Dwight (NYSE:CHD) last announced its earnings results on Tuesday, February 5th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. Church & Dwight had a return on equity of 24.80% and a net margin of 13.72%. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the firm earned $0.52 earnings per share. Equities research analysts predict that Church & Dwight Co., Inc. will post 2.46 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 15th were given a dividend of $0.2275 per share. This represents a $0.91 annualized dividend and a yield of 1.36%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.22. The ex-dividend date was Thursday, February 14th. Church & Dwight’s payout ratio is presently 40.09%.
About Church & Dwight
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesic products 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; and water flossers and replacement showerheads under the WATERPIK brand.
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