Calamos Advisors LLC Sells 1,362 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Calamos Advisors LLC trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.3% during the 4th quarter, HoldingsChannel reports. The firm owned 104,412 shares of the company’s stock after selling 1,362 shares during the quarter. Calamos Advisors LLC’s holdings in Church & Dwight were worth $9,873,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Chilton Capital Management LLC increased its holdings in shares of Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the last quarter. Global Retirement Partners LLC grew its position in Church & Dwight by 14.7% in the fourth quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock worth $87,000 after acquiring an additional 113 shares in the last quarter. Gateway Advisory LLC grew its position in Church & Dwight by 4.4% in the third quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock worth $262,000 after acquiring an additional 120 shares in the last quarter. Veritable L.P. grew its position in Church & Dwight by 1.6% in the first quarter. Veritable L.P. now owns 7,718 shares of the company’s stock worth $682,000 after acquiring an additional 122 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in Church & Dwight by 2.0% in the second quarter. Sunbelt Securities Inc. now owns 6,443 shares of the company’s stock worth $646,000 after acquiring an additional 124 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Church & Dwight Stock Up 1.1 %

Shares of NYSE CHD opened at $104.35 on Friday. The firm has a market capitalization of $25.45 billion, a price-to-earnings ratio of 34.33, a PEG ratio of 3.42 and a beta of 0.53. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $105.67. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. The stock has a 50 day moving average price of $102.01 and a 200 day moving average price of $96.50.

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

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were paid a $0.2838 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.09%. Church & Dwight’s payout ratio is 37.17%.

Insider Buying and Selling

In related news, CEO Matthew Farrell sold 275,000 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the completion of the transaction, the chief executive officer now owns 112,719 shares of the company’s stock, valued at $11,703,613.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at $11,703,613.77. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock valued at $38,603,796 over the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

CHD has been the subject of several recent research reports. Royal Bank of Canada lifted their price target on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research report on Monday, February 5th. Bank of America lifted their price target on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research report on Monday, April 15th. UBS Group lifted their price target on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research report on Monday, February 5th. Oppenheimer lifted their price target on Church & Dwight from $107.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, February 5th. Finally, JPMorgan Chase & Co. boosted their target price on Church & Dwight from $87.00 to $95.00 and gave the company an “underweight” rating in a research report on Thursday, January 18th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Church & Dwight has an average rating of “Hold” and an average target price of $103.27.

Church & Dwight Company 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.