Folger Nolan Fleming Douglas Capital Management Inc. Sells 1,884 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Folger Nolan Fleming Douglas Capital Management Inc. lessened its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 145,243 shares of the company’s stock after selling 1,884 shares during the period. Church & Dwight accounts for about 1.5% of Folger Nolan Fleming Douglas Capital Management Inc.’s portfolio, making the stock its 18th biggest position. Folger Nolan Fleming Douglas Capital Management Inc. owned about 0.06% of Church & Dwight worth $13,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in shares of Church & Dwight by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 29,910,126 shares of the company’s stock valued at $2,740,665,000 after purchasing an additional 145,390 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Church & Dwight by 2.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,200,426 shares of the company’s stock valued at $751,405,000 after acquiring an additional 217,047 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Church & Dwight by 89.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,027,312 shares of the company’s stock valued at $552,283,000 after acquiring an additional 2,839,783 shares in the last quarter. Stifel Financial Corp boosted its holdings in shares of Church & Dwight by 0.7% during the 3rd quarter. Stifel Financial Corp now owns 4,310,580 shares of the company’s stock valued at $394,982,000 after acquiring an additional 29,943 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in shares of Church & Dwight by 1.9% during the 3rd quarter. Morgan Stanley now owns 3,291,982 shares of the company’s stock valued at $301,645,000 after acquiring an additional 61,090 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Insiders Place Their Bets

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was 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 directly owns 4,319 shares of the company’s stock, valued at $451,551.45. The disclosure for this sale can be found here. In the last ninety days, insiders sold 373,052 shares of company stock valued at $38,603,796. Corporate insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

CHD has been the topic of several recent research reports. UBS Group lifted their target price on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a report on Monday, February 5th. JPMorgan Chase & Co. lifted their target price on Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a report on Thursday, January 18th. Stifel Nicolaus lifted their target price on Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a report on Monday, February 5th. Oppenheimer lifted their target price on Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Bank of America lifted their target price on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and an average target price of $104.07.

Church & Dwight Stock Down 0.9 %

Church & Dwight stock traded down $0.93 during midday trading on Friday, reaching $106.32. The stock had a trading volume of 1,037,566 shares, compared to its average volume of 1,148,941. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $108.10. The company has a market capitalization of $25.93 billion, a P/E ratio of 34.97, a PEG ratio of 3.59 and a beta of 0.53. The company has a fifty day moving average price of $102.91 and a two-hundred day moving average price of $97.11. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting analysts’ consensus estimates of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the company posted $0.62 EPS. The firm’s revenue was up 6.4% compared to the same quarter last year. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were given a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. Church & Dwight’s payout ratio 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.