Burns J W & Co. Inc. NY Sells 2,330 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Burns J W & Co. Inc. NY cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 9.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,813 shares of the company’s stock after selling 2,330 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in Church & Dwight were worth $2,389,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CHD. Empowered Funds LLC boosted its position in Church & Dwight by 2.8% during the third quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after buying an additional 99 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of Church & Dwight by 0.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock valued at $3,358,000 after purchasing an additional 104 shares during the period. Kingsview Wealth Management LLC grew its position in shares of Church & Dwight by 3.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock worth $353,000 after buying an additional 107 shares during the period. Citizens Financial Group Inc. RI boosted its position in shares of Church & Dwight by 2.1% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company’s stock worth $577,000 after purchasing an additional 113 shares in the last quarter. Finally, Gateway Advisory LLC raised its position in shares of Church & Dwight by 4.4% in the 2nd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock worth $296,000 after purchasing an additional 120 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. TD Cowen upped their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. lifted their target price on Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research report on Monday, November 4th. Barclays lowered their price target on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, November 5th. Finally, Wells Fargo & Company boosted their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $110.00.

Insider Transactions at Church & Dwight

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the transaction, the director now owns 7,129 shares in the company, valued at approximately $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Matthew Farrell sold 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total value of $31,152,000.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,704,740.96. The trade was a 72.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 593,035 shares of company stock worth $62,282,808. Company insiders own 2.00% of the company’s stock.

Church & Dwight Stock Up 1.2 %

CHD traded up $1.24 on Monday, hitting $102.66. The company had a trading volume of 2,021,094 shares, compared to its average volume of 1,523,509. Church & Dwight Co., Inc. has a 12-month low of $96.09 and a 12-month high of $113.50. The stock has a market capitalization of $25.15 billion, a price-to-earnings ratio of 46.04, a P/E/G ratio of 3.86 and a beta of 0.58. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The stock has a fifty day moving average price of $106.80 and a 200-day moving average price of $104.04.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm posted $0.74 earnings per share. The business’s quarterly revenue was up 3.8% on a year-over-year basis. Analysts predict that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Friday, November 15th. Church & Dwight’s payout ratio is currently 50.67%.

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.