OMERS ADMINISTRATION Corp Has $1.08 Million Stake in Church & Dwight Co., Inc. (NYSE:CHD)

OMERS ADMINISTRATION Corp boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 20.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,280 shares of the company’s stock after buying an additional 1,732 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Church & Dwight were worth $1,076,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CHD. YANKCOM Partnership acquired a new position in Church & Dwight during the fourth quarter worth $25,000. Strategic Financial Concepts LLC acquired a new stake in shares of Church & Dwight in the fourth quarter valued at about $39,000. Bernard Wealth Management Corp. acquired a new stake in shares of Church & Dwight in the fourth quarter valued at about $40,000. Bank of Jackson Hole Trust acquired a new stake in shares of Church & Dwight in the fourth quarter valued at about $43,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Church & Dwight in the fourth quarter valued at about $46,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Stock Up 1.4%

Shares of CHD opened at $95.92 on Friday. The stock has a market cap of $23.62 billion, a price-to-earnings ratio of 40.47, a P/E/G ratio of 3.32 and a beta of 0.55. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46. The company has a 50-day moving average price of $102.30 and a two-hundred day moving average price of $105.26.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.02. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.96 earnings per share. Equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Thursday, May 15th. Church & Dwight’s dividend payout ratio is 50.64%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Cowen downgraded Church & Dwight from a “buy” rating to a “hold” rating in a research report on Tuesday, May 6th. Royal Bank of Canada lowered their price target on Church & Dwight from $105.00 to $100.00 and set a “sector perform” rating on the stock in a research report on Friday, May 2nd. TD Cowen downgraded Church & Dwight from a “buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a research report on Tuesday, May 6th. Bank of America raised Church & Dwight from a “neutral” rating to a “buy” rating and raised their price target for the company from $112.00 to $125.00 in a research report on Tuesday, April 15th. Finally, Evercore ISI reduced their target price on shares of Church & Dwight from $106.00 to $102.00 and set an “in-line” rating for the company in a research note on Friday, May 2nd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $109.13.

Insiders Place Their Bets

In other news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the transaction, the executive vice president now owns 6,437 shares in the company, valued at approximately $707,941.26. The trade was a 63.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the transaction, the executive vice president now owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This trade represents a 83.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 80,230 shares of company stock worth $8,903,734 over the last quarter. Company insiders own 2.00% of the company’s stock.

Church & Dwight Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.