Nicolet Advisory Services LLC Lowers Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Nicolet Advisory Services LLC trimmed its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 1.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,206 shares of the company’s stock after selling 122 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Church & Dwight were worth $644,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CHD. Geode Capital Management LLC lifted its holdings in shares of Church & Dwight by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 5,915,390 shares of the company’s stock worth $617,794,000 after buying an additional 148,234 shares in the last quarter. Stifel Financial Corp lifted its stake in Church & Dwight by 0.5% in the 4th quarter. Stifel Financial Corp now owns 4,316,414 shares of the company’s stock worth $451,975,000 after purchasing an additional 20,887 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Church & Dwight by 15.0% during the 4th quarter. Northern Trust Corp now owns 3,018,552 shares of the company’s stock valued at $316,073,000 after purchasing an additional 393,068 shares during the last quarter. Invesco Ltd. grew its position in shares of Church & Dwight by 11.4% during the fourth quarter. Invesco Ltd. now owns 2,921,247 shares of the company’s stock valued at $305,884,000 after purchasing an additional 298,848 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Church & Dwight by 5.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,404,961 shares of the company’s stock worth $251,823,000 after purchasing an additional 124,560 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Richard A. Dierker bought 7,950 shares of the stock in a transaction on Tuesday, May 13th. The stock was acquired at an average cost of $94.66 per share, for a total transaction of $752,547.00. Following the acquisition, the chief executive officer owned 16,358 shares of the company’s stock, valued at $1,548,448.28. This represents a 94.55% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Penry W. Price sold 14,660 shares of the stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $93.13, for a total value of $1,365,285.80. Following the transaction, the director directly owned 27,043 shares in the company, valued at $2,518,514.59. The trade was a 35.15% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 50,575 shares of company stock valued at $4,910,586. Insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Evercore ISI dropped their price target on Church & Dwight from $106.00 to $102.00 and set an “in-line” rating for the company in a research note on Friday, May 2nd. Wall Street Zen raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a report on Saturday, June 21st. TD Cowen cut shares of Church & Dwight from a “buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a research report on Tuesday, May 6th. Cowen lowered shares of Church & Dwight from a “buy” rating to a “hold” rating in a research report on Tuesday, May 6th. Finally, UBS Group boosted their target price on shares of Church & Dwight from $102.00 to $103.00 and gave the stock a “neutral” rating in a report on Thursday, July 17th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $104.38.

Church & Dwight Price Performance

Shares of CHD stock opened at $94.11 on Friday. The stock has a 50 day moving average price of $97.26 and a 200 day moving average price of $101.75. Church & Dwight Co., Inc. has a 52-week low of $90.99 and a 52-week high of $116.46. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.43 and a current ratio of 1.95. The firm has a market capitalization of $23.18 billion, a P/E ratio of 40.39, a P/E/G ratio of 3.75 and a beta of 0.43.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Church & Dwight had a net margin of 9.52% and a return on equity of 19.28%. The business’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 earnings per share. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 15th. Church & Dwight’s payout ratio is currently 50.64%.

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.