Church & Dwight Co., Inc. (NYSE:CHD) Holdings Cut by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 5.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,340 shares of the company’s stock after selling 445 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Church & Dwight were worth $766,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Church & Dwight by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock valued at $2,861,865,000 after purchasing an additional 354,946 shares during the period. Capital International Investors boosted its position in shares of Church & Dwight by 1.0% during the first quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock worth $948,968,000 after buying an additional 92,862 shares during the period. Norges Bank bought a new position in Church & Dwight in the 4th quarter worth approximately $259,967,000. ProShare Advisors LLC increased its position in Church & Dwight by 1.8% in the 1st quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock valued at $186,028,000 after acquiring an additional 31,145 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Church & Dwight by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,349,676 shares of the company’s stock valued at $127,625,000 after acquiring an additional 25,034 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Church & Dwight Stock Down 2.7 %

NYSE:CHD traded down $2.70 during trading hours on Tuesday, hitting $98.89. 357,587 shares of the stock traded hands, compared to its average volume of 1,317,601. The firm has a market cap of $24.18 billion, a price-to-earnings ratio of 32.25, a PEG ratio of 3.30 and a beta of 0.52. The firm has a 50 day moving average price of $105.31 and a 200 day moving average price of $103.42. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $110.31.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.10. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the prior year, the business earned $0.85 EPS. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were paid a $0.2838 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.15%. Church & Dwight’s dividend payout ratio is presently 35.87%.

Insiders Place Their Bets

In other news, CFO Richard A. Dierker sold 86,740 shares of the business’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the transaction, the chief financial officer now directly owns 7,634 shares in the company, valued at approximately $813,479.04. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CFO Richard A. Dierker sold 86,740 shares of the firm’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at approximately $813,479.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,654 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the sale, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at approximately $1,104,775. The disclosure for this sale can be found here. Insiders sold a total of 182,346 shares of company stock worth $19,465,948 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

CHD has been the subject of several recent analyst reports. TD Cowen began coverage on Church & Dwight in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price target for the company. Oppenheimer boosted their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 23rd. Argus increased their price objective on shares of Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, June 11th. Bank of America boosted 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. Finally, Evercore ISI increased their price target on Church & Dwight from $107.00 to $110.00 and gave the company an “in-line” rating in a research note on Friday, May 3rd. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $107.28.

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.