TRUE Private Wealth Advisors Grows Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

TRUE Private Wealth Advisors boosted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 45.0% in the 4th quarter, Holdings Channel reports. The fund owned 3,692 shares of the company’s stock after purchasing an additional 1,145 shares during the period. TRUE Private Wealth Advisors’ holdings in Church & Dwight were worth $349,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Church & Dwight by 16.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 191,350 shares of the company’s stock worth $18,094,000 after buying an additional 26,506 shares during the last quarter. SVB Wealth LLC increased its holdings in shares of Church & Dwight by 5.4% during the 4th quarter. SVB Wealth LLC now owns 9,470 shares of the company’s stock worth $895,000 after buying an additional 485 shares during the last quarter. Hamilton Point Investment Advisors LLC increased its holdings in shares of Church & Dwight by 1.6% during the 4th quarter. Hamilton Point Investment Advisors LLC now owns 115,583 shares of the company’s stock worth $10,930,000 after buying an additional 1,845 shares during the last quarter. Vontobel Holding Ltd. increased its holdings in shares of Church & Dwight by 0.9% during the 4th quarter. Vontobel Holding Ltd. now owns 111,546 shares of the company’s stock worth $10,548,000 after buying an additional 1,011 shares during the last quarter. Finally, Crown Oak Advisors LLC acquired a new stake in shares of Church & Dwight during the 4th quarter worth $10,142,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Activity

In other news, EVP Rene Hemsey sold 9,280 shares of the company’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 sale, the executive vice president now owns 6,373 shares in the company, valued at approximately $638,702.06. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now owns 6,373 shares in the company, valued at $638,702.06. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Richard A. Dierker sold 24,380 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the sale, the chief financial officer now owns 7,634 shares in the company, valued at approximately $790,958.74. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 373,052 shares of company stock worth $38,603,796. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CHD has been the subject of a number of research analyst reports. Bank of America upped their price objective on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday. JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a research report on Thursday, January 18th. Oppenheimer upped their price target on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, February 5th. Royal Bank of Canada upped their price target on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research report on Monday, February 5th. Finally, TheStreet raised shares of Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $103.27.

Church & Dwight Stock Performance

NYSE:CHD opened at $103.45 on Thursday. The stock has a market cap of $25.23 billion, a P/E ratio of 34.03, a PEG ratio of 3.43 and a beta of 0.53. The firm has a 50-day moving average of $101.84 and a two-hundred day moving average of $96.36. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $105.67.

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

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Wednesday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio is 37.17%.

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.