KFG Wealth Management LLC Has $561,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

KFG Wealth Management LLC boosted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 11.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,357 shares of the company’s stock after purchasing an additional 546 shares during the quarter. KFG Wealth Management LLC’s holdings in Church & Dwight were worth $561,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans raised its holdings in Church & Dwight by 5.6% during the second quarter. Thrivent Financial for Lutherans now owns 28,628 shares of the company’s stock worth $2,969,000 after acquiring an additional 1,529 shares in the last quarter. Public Sector Pension Investment Board grew its position in shares of Church & Dwight by 69.7% in the 2nd quarter. Public Sector Pension Investment Board now owns 9,448 shares of the company’s stock valued at $980,000 after acquiring an additional 3,882 shares during the period. Bank of Montreal Can raised its holdings in shares of Church & Dwight by 13.6% in the 2nd quarter. Bank of Montreal Can now owns 258,927 shares of the company’s stock valued at $27,221,000 after purchasing an additional 31,035 shares during the period. Point72 DIFC Ltd acquired a new stake in Church & Dwight in the 2nd quarter valued at about $50,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in Church & Dwight during the second quarter worth about $33,000. Institutional investors own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the sale, the director now owns 32,500 shares of the company’s stock, valued at approximately $3,448,575. The trade was a 23.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Read purchased 1,100 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was purchased at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. The trade was a 78.29 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders sold 593,035 shares of company stock valued at $62,282,808. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Up 0.0 %

CHD stock opened at $106.31 on Friday. The company has a market cap of $26.05 billion, a PE ratio of 47.67, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50. The business has a 50-day simple moving average of $106.71 and a 200 day simple moving average of $104.08.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.74 EPS. Sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a $0.2838 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.07%. Church & Dwight’s payout ratio is 50.67%.

Analyst Ratings Changes

A number of analysts have recently issued reports on CHD shares. Barclays raised their price objective on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research report on Friday, January 17th. Stifel Nicolaus reduced their price objective on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research report on Friday, January 17th. JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research note on Thursday, January 16th. Wells Fargo & Company lifted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft increased 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. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $110.61.

About Church & Dwight

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.