Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 10.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,549 shares of the company’s stock after buying an additional 3,271 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Church & Dwight were worth $3,172,000 at the end of the most recent quarter.

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

Church & Dwight Stock Up 0.7 %

Church & Dwight stock opened at $106.68 on Wednesday. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $107.42. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. The company’s 50-day moving average price is $102.34 and its two-hundred day moving average price is $96.83. The stock has a market cap of $26.02 billion, a price-to-earnings ratio of 35.09, a PEG ratio of 3.52 and a beta of 0.53.

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

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were given a dividend of $0.2838 per share. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. Church & Dwight’s dividend payout ratio (DPR) is 37.17%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CHD shares. UBS Group upped their target price on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. Stifel Nicolaus upped their target price on shares of Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research note on Monday, February 5th. Bank of America upped their target price on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, April 15th. Barclays increased their target price on shares of Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a report on Friday, April 12th. Finally, Oppenheimer increased their target price on shares of Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight currently has an average rating of “Hold” and an average price target of $104.07.

Insider Activity

In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Michael Read sold 4,500 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 373,052 shares of company stock worth $38,603,796. Corporate insiders own 1.40% of the company’s stock.

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.