Church & Dwight Co., Inc. (NYSE:CHD) Holdings Decreased by M&T Bank Corp

M&T Bank Corp trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD) by 5.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 211,674 shares of the company’s stock after selling 13,049 shares during the quarter. M&T Bank Corp owned approximately 0.09% of Church & Dwight worth $20,015,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Chilton Capital Management LLC grew its stake in Church & Dwight by 50.0% during the 4th 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 last quarter. Global Retirement Partners LLC grew its stake in Church & Dwight by 14.7% during the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock worth $87,000 after buying an additional 113 shares during the last quarter. Gateway Advisory LLC grew its stake in Church & Dwight by 4.4% during the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock worth $262,000 after buying an additional 120 shares during the last quarter. Sunbelt Securities Inc. grew its stake in Church & Dwight by 2.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 6,580 shares of the company’s stock worth $603,000 after buying an additional 137 shares during the last quarter. Finally, West Family Investments Inc. grew its stake in Church & Dwight by 5.9% during the 3rd quarter. West Family Investments Inc. now owns 2,641 shares of the company’s stock worth $242,000 after buying an additional 148 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Trading Up 0.2 %

Shares of NYSE CHD traded up $0.23 during mid-day trading on Friday, hitting $106.11. 1,283,889 shares of the company traded hands, compared to its average volume of 1,247,251. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $108.68. The stock has a market capitalization of $25.88 billion, a price-to-earnings ratio of 33.69, a PEG ratio of 3.55 and a beta of 0.51. The company has a quick ratio of 0.64, a current ratio of 1.33 and a debt-to-equity ratio of 0.54. The business has a 50 day moving average of $103.68 and a two-hundred day moving average of $97.76.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.10. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. Church & Dwight’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.85 earnings per share. On average, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend is Tuesday, May 14th. Church & Dwight’s payout ratio is 35.87%.

Analyst Ratings Changes

CHD has been the subject of a number of recent research reports. Stifel Nicolaus upped their price objective on Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a research note on Monday, February 5th. TheStreet upgraded Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. Royal Bank of Canada boosted 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. JPMorgan Chase & Co. reduced their price target on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a research report on Friday. Finally, Barclays boosted their price target on Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $105.63.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at approximately $451,551.45. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction dated 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 owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 373,052 shares of company stock valued at $38,603,796. Company insiders own 2.00% of the company’s stock.

About Church & Dwight

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.