Intrust Bank NA Acquires 559 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Intrust Bank NA grew its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 5.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,960 shares of the company’s stock after purchasing an additional 559 shares during the period. Intrust Bank NA’s holdings in Church & Dwight were worth $1,036,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in CHD. Chilton Capital Management LLC lifted its stake in shares of Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the last quarter. Annapolis Financial Services LLC boosted its position in Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after buying an additional 334 shares during the period. Koesten Hirschmann & Crabtree INC. bought a new stake in Church & Dwight during the 3rd quarter worth approximately $38,000. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Church & Dwight during the fourth quarter worth $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Church & Dwight by 74.7% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock worth $65,000 after purchasing an additional 293 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CHD has been the subject of a number of analyst reports. Barclays raised their price objective on Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a research note on Friday, March 1st. They set a “buy” rating and a $110.00 target price for the company. Oppenheimer upped their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday, April 23rd. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research note on Friday, February 2nd. Finally, Stifel Nicolaus increased their price target on Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a report on Monday, February 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $104.07.

Insider Activity

In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the transaction, the executive vice president now directly owns 6,373 shares in the company, valued at approximately $638,702.06. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of Church & Dwight stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the transaction, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at $638,702.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the business’s 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 sale, the executive vice president now owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. In the last three months, insiders have sold 373,052 shares of company stock worth $38,603,796. 1.40% of the stock is currently owned by corporate insiders.

Church & Dwight Trading Up 0.2 %

NYSE:CHD traded up $0.19 during midday trading on Tuesday, reaching $107.10. 39,528 shares of the stock traded hands, compared to its average volume of 1,262,804. The stock has a market capitalization of $26.12 billion, a P/E ratio of 35.17, a PEG ratio of 3.55 and a beta of 0.53. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $108.10. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. The company has a fifty day moving average of $103.10 and a 200 day moving average of $97.38.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting the consensus estimate of $0.65. The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $0.62 earnings per share. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were paid a $0.2838 dividend. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Wednesday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 37.17%.

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.