First National Trust Co Lowers Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

First National Trust Co reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 25.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,131 shares of the company’s stock after selling 1,750 shares during the period. First National Trust Co’s holdings in Church & Dwight were worth $485,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in Church & Dwight by 89.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,027,312 shares of the company’s stock worth $552,283,000 after purchasing an additional 2,839,783 shares during the period. HighTower Advisors LLC lifted its holdings in Church & Dwight by 99.6% in the third quarter. HighTower Advisors LLC now owns 526,591 shares of the company’s stock valued at $48,224,000 after acquiring an additional 262,801 shares during the period. Schroder Investment Management Group boosted its position in Church & Dwight by 1,474.7% in the third quarter. Schroder Investment Management Group now owns 233,318 shares of the company’s stock worth $21,379,000 after purchasing an additional 218,501 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Church & Dwight by 2.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,200,426 shares of the company’s stock valued at $751,405,000 after purchasing an additional 217,047 shares during the period. Finally, Liontrust Investment Partners LLP increased its position in shares of Church & Dwight by 108.1% during the 3rd quarter. Liontrust Investment Partners LLP now owns 306,170 shares of the company’s stock valued at $28,056,000 after purchasing an additional 159,046 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Activity

In related news, EVP Michael Read sold 4,500 shares of the firm’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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Church & Dwight news, Director Bradley C. Irwin sold 5,590 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $104.12, for a total transaction of $582,030.80. Following the completion of the transaction, the director now owns 37,169 shares in the company, valued at $3,870,036.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The shares were 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. In the last 90 days, insiders have sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is currently owned by insiders.

Church & Dwight Price Performance

CHD traded up $0.23 during trading hours on Friday, hitting $106.11. The company’s stock had a trading volume of 1,283,889 shares, compared to its average volume of 1,247,251. The stock has a market cap of $25.88 billion, a price-to-earnings ratio of 33.69, a P/E/G ratio of 3.55 and a beta of 0.51. The business’s 50-day moving average price is $103.68 and its 200-day moving average price is $97.76. The company has a current ratio of 1.33, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $108.68.

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

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is 35.87%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Stifel Nicolaus raised their price objective on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a report on Monday, February 5th. Bank of America increased their target price on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. Barclays lifted their price target on shares of Church & Dwight from $80.00 to $83.00 and gave the company an “underweight” rating in a report on Friday, April 12th. JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $98.00 to $97.00 and set an “underweight” rating on the stock in a research report on Friday. Finally, UBS Group upped their target price on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a report on Monday, February 5th. Three 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 company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $105.63.

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.