Geneva Capital Management LLC Has $26.37 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Geneva Capital Management LLC grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 12.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 278,887 shares of the company’s stock after buying an additional 31,303 shares during the period. Geneva Capital Management LLC owned 0.11% of Church & Dwight worth $26,372,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC boosted its holdings in shares of Church & Dwight by 0.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 75,007 shares of the company’s stock worth $6,873,000 after buying an additional 446 shares during the period. Forsta AP Fonden boosted its stake in Church & Dwight by 11.1% in the 3rd quarter. Forsta AP Fonden now owns 53,100 shares of the company’s stock valued at $4,866,000 after purchasing an additional 5,300 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Church & Dwight by 317.8% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 164,844 shares of the company’s stock valued at $15,105,000 after buying an additional 125,386 shares in the last quarter. Strs Ohio bought a new position in Church & Dwight during the 3rd quarter worth $2,057,000. Finally, IFM Investors Pty Ltd lifted its holdings in shares of Church & Dwight by 5.1% during the third quarter. IFM Investors Pty Ltd now owns 48,897 shares of the company’s stock worth $4,480,000 after buying an additional 2,375 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Stock Performance

Shares of NYSE CHD traded up $0.26 during midday trading on Thursday, hitting $107.04. The company’s stock had a trading volume of 882,464 shares, compared to its average volume of 1,286,880. The stock has a fifty day moving average price of $104.06 and a 200 day moving average price of $98.17. The firm has a market capitalization of $26.17 billion, a price-to-earnings ratio of 33.98, a P/E/G ratio of 3.47 and a beta of 0.51. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $108.68. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the previous year, the company earned $0.85 earnings per share. Church & Dwight’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, research analysts forecast that Church & Dwight Co., Inc. will post 3.46 EPS 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. Investors of record on Wednesday, May 15th will be given a $0.2838 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.06%. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Activity at Church & Dwight

In other news, Director Robert K. Shearer sold 13,200 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total value of $1,403,952.00. Following the completion of the transaction, the director now directly owns 29,108 shares in the company, valued at approximately $3,095,926.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $105.47, for a total transaction of $817,603.44. Following the completion of the sale, the director now directly owns 25,692 shares in the company, valued at $2,709,735.24. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Robert K. Shearer sold 13,200 shares of Church & Dwight stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total value of $1,403,952.00. Following the completion of the transaction, the director now owns 29,108 shares in the company, valued at approximately $3,095,926.88. The disclosure for this sale can be found here. Insiders have sold a total of 384,724 shares of company stock valued at $39,895,310 over the last 90 days. 1.40% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Stifel Nicolaus boosted their price objective on shares of Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a report on Monday, February 5th. Bank of America increased their price objective on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, April 15th. Oppenheimer lifted their price objective on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a report on Friday, February 2nd. Finally, JPMorgan Chase & Co. dropped their price objective on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a research report on Friday, May 3rd. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $105.56.

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.