Church & Dwight Co., Inc. (NYSE:CHD) EVP Carlen Hooker Sells 6,380 Shares of Stock

Church & Dwight Co., Inc. (NYSE:CHD) EVP Carlen Hooker sold 6,380 shares of the firm’s stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $98.30, for a total transaction of $627,154.00. Following the completion of the transaction, the executive vice president now directly owns 262 shares in the company, valued at approximately $25,754.60. The trade was a 96.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Carlen Hooker also recently made the following trade(s):

• On Friday, May 30th, Carlen Hooker sold 11,875 shares of Church & Dwight stock. The shares were sold at an average price of $98.75, for a total value of $1,172,656.25.
• On Thursday, May 29th, Carlen Hooker sold 3,000 shares of Church & Dwight stock. The stock was sold at an average price of $98.05, for a total value of $294,150.00.

Church & Dwight Stock Performance

CHD opened at $96.18 on Wednesday. The company has a market capitalization of $23.69 billion, a price-to-earnings ratio of 41.28, a P/E/G ratio of 3.92 and a beta of 0.52. The business’s 50-day moving average price is $98.21 and its two-hundred day moving average price is $103.75. Church & Dwight Co., Inc. has a 1 year low of $90.99 and a 1 year high of $116.46. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.95 and a quick ratio of 1.43.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.02. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.52 billion. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. Church & Dwight’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period last year, the company earned $0.96 earnings per share. Equities analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were issued a $0.295 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.23%. Church & Dwight’s dividend payout ratio (DPR) is presently 50.64%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Empowered Funds LLC grew its stake in Church & Dwight by 52.6% in the fourth quarter. Empowered Funds LLC now owns 5,571 shares of the company’s stock valued at $583,000 after purchasing an additional 1,920 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of Church & Dwight by 5.6% in the 4th quarter. Allworth Financial LP now owns 4,211 shares of the company’s stock valued at $449,000 after buying an additional 224 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Church & Dwight in the fourth quarter valued at $39,000. Financiere des Professionnels Fonds d investissement inc. increased its holdings in Church & Dwight by 2.4% during the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 109,455 shares of the company’s stock worth $11,461,000 after buying an additional 2,571 shares during the last quarter. Finally, Principal Financial Group Inc. increased its holdings in Church & Dwight by 19.2% during the fourth quarter. Principal Financial Group Inc. now owns 716,004 shares of the company’s stock worth $74,973,000 after buying an additional 115,499 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on CHD. Wells Fargo & Company raised their target price on Church & Dwight from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Wednesday, April 2nd. UBS Group reduced their price objective on shares of Church & Dwight from $110.00 to $102.00 and set a “neutral” rating on the stock in a research note on Friday, May 2nd. Royal Bank Of Canada upgraded shares of Church & Dwight from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $100.00 to $114.00 in a report on Monday, June 2nd. Morgan Stanley cut their target price on shares of Church & Dwight from $110.00 to $100.00 and set an “equal weight” rating on the stock in a report on Monday, May 5th. Finally, Cowen cut shares of Church & Dwight from a “buy” rating to a “hold” rating in a research report on Tuesday, May 6th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $108.67.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.