Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft lifted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,471 shares of the company’s stock after purchasing an additional 171 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Church & Dwight were worth $668,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of CHD. Game Plan Financial Advisors LLC purchased a new position in Church & Dwight during the first quarter worth $26,000. Crewe Advisors LLC acquired a new stake in shares of Church & Dwight during the first quarter valued at $28,000. Roble Belko & Company Inc purchased a new stake in Church & Dwight during the 1st quarter worth about $31,000. Creekmur Asset Management LLC acquired a new position in Church & Dwight in the 4th quarter valued at about $32,000. Finally, Annapolis Financial Services LLC lifted its holdings in Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after purchasing an additional 334 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In other news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the completion of the transaction, the executive vice president now owns 4,319 shares in the company, valued at $429,179.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at $429,179.03. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,104,775. The disclosure for this sale can be found here. Over the last three months, insiders have sold 220,722 shares of company stock worth $23,139,816. 2.00% of the stock is owned by insiders.

Church & Dwight Stock Performance

Shares of NYSE CHD traded down $0.50 during midday trading on Thursday, hitting $99.98. The company’s stock had a trading volume of 965,149 shares, compared to its average volume of 1,370,676. The firm has a market cap of $24.45 billion, a P/E ratio of 31.67, a P/E/G ratio of 3.45 and a beta of 0.52. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $110.31. The firm’s fifty day moving average price is $103.89 and its 200-day moving average price is $103.59. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, August 2nd. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. Church & Dwight’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 earnings per share. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be given a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.14%. The ex-dividend date is Thursday, August 15th. Church & Dwight’s dividend payout ratio is presently 35.87%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. TD Cowen initiated coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They set a “buy” rating and a $116.00 price target for the company. BNP Paribas started coverage on Church & Dwight in a report on Monday, June 24th. They issued a “neutral” rating and a $114.00 price target for the company. Morgan Stanley decreased their price objective on Church & Dwight from $114.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Evercore ISI lowered their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 5th. Finally, HSBC lifted 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. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $106.58.

Church & Dwight 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.