Cromwell Holdings LLC Sells 184 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Cromwell Holdings LLC lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 26.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 502 shares of the company’s stock after selling 184 shares during the quarter. Cromwell Holdings LLC’s holdings in Church & Dwight were worth $53,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. YANKCOM Partnership bought a new stake in Church & Dwight during the 4th quarter valued at $25,000. Capital Performance Advisors LLP bought a new stake in Church & Dwight during the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC bought a new stake in Church & Dwight during the 3rd quarter valued at $28,000. Versant Capital Management Inc increased its stake in Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares in the last quarter. Finally, Bank of Jackson Hole Trust bought a new stake in Church & Dwight during the 4th quarter valued at $43,000. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $104.36 on Friday. The company’s 50-day moving average is $105.38 and its 200 day moving average is $104.66. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The company has a market capitalization of $25.67 billion, a P/E ratio of 44.03, a price-to-earnings-growth ratio of 3.32 and a beta of 0.59. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $113.50.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the prior year, the firm earned $0.65 EPS. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.295 per share. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.13%. Church & Dwight’s dividend payout ratio is 49.79%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CHD. Barclays boosted their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Stifel Nicolaus upped their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. TD Cowen upped their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Church & Dwight has a consensus rating of “Hold” and a consensus price target of $111.53.

Insider Buying and Selling at Church & Dwight

In related news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $106.11, for a total value of $1,061,100.00. Following the transaction, the director now directly owns 32,500 shares in the company, valued at approximately $3,448,575. This represents a 23.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the transaction, the executive vice president now owns 4,973 shares in the company, valued at approximately $556,976. This trade represents a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 49,522 shares of company stock valued at $5,487,555 over the last three months. 2.00% of the stock is currently owned by insiders.

Church & Dwight Company 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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.