Lake Street Advisors Group LLC Has $289,000 Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Lake Street Advisors Group LLC raised its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 19.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,773 shares of the company’s stock after purchasing an additional 455 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Church & Dwight were worth $289,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in CHD. Vanguard Group Inc. raised its position in Church & Dwight by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock worth $2,861,865,000 after purchasing an additional 354,946 shares during the last quarter. Capital International Investors grew its holdings in Church & Dwight by 39.2% during the 4th quarter. Capital International Investors now owns 9,004,713 shares of the company’s stock worth $851,414,000 after acquiring an additional 2,533,877 shares during the period. Norges Bank acquired a new stake in Church & Dwight during the 4th quarter worth $259,967,000. ProShare Advisors LLC grew its holdings in Church & Dwight by 1.8% during the 1st quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock worth $186,028,000 after acquiring an additional 31,145 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Church & Dwight by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,349,676 shares of the company’s stock valued at $127,625,000 after buying an additional 25,034 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CHD. Barclays decreased their price target on shares of Church & Dwight from $82.00 to $80.00 and set an “underweight” rating for the company in a report on Friday, July 19th. HSBC boosted their price target on shares of Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a report on Friday, May 3rd. JPMorgan Chase & Co. boosted their price target on shares of Church & Dwight from $97.00 to $101.00 and gave the company an “underweight” rating in a report on Monday. Bank of America boosted their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a report on Monday, April 15th. Finally, BNP Paribas began coverage on shares of Church & Dwight in a report on Monday, June 24th. They issued a “neutral” rating and a $114.00 price target for the company. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $107.28.

Church & Dwight Trading Up 0.5 %

Shares of CHD stock traded up $0.54 during trading hours on Thursday, hitting $100.89. 225,572 shares of the company’s stock traded hands, compared to its average volume of 1,318,074. The stock’s 50 day simple moving average is $105.65 and its 200 day simple moving average is $103.27. The stock has a market cap of $24.67 billion, a PE ratio of 31.86, a price-to-earnings-growth ratio of 3.27 and a beta of 0.52. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $110.31. The company has a quick ratio of 0.82, a current ratio of 1.33 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHD) last announced 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. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter last year, the firm earned $0.85 earnings per share. Church & Dwight’s quarterly revenue was up 5.1% on a year-over-year basis. On average, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were paid a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date was Tuesday, May 14th. Church & Dwight’s dividend payout ratio is presently 35.87%.

Insider Buying and Selling

In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $105.47, for a total value 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 filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Maynadier Patrick D. De sold 54,654 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,104,775. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Penry W. Price sold 7,752 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $105.47, for a total transaction of $817,603.44. Following the transaction, the director now owns 25,692 shares in the company, valued at $2,709,735.24. The disclosure for this sale can be found here. Insiders sold 182,346 shares of company stock valued at $19,465,948 over the last quarter. 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.