Folger Nolan Fleming Douglas Capital Management Inc. Lowers Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Folger Nolan Fleming Douglas Capital Management Inc. trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,027 shares of the company’s stock after selling 3,059 shares during the quarter. Church & Dwight makes up approximately 1.5% of Folger Nolan Fleming Douglas Capital Management Inc.’s investment portfolio, making the stock its 17th biggest holding. Folger Nolan Fleming Douglas Capital Management Inc. owned about 0.06% of Church & Dwight worth $14,558,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of CHD. Capital Performance Advisors LLP bought a new position in Church & Dwight in the third quarter worth about $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight in the 3rd quarter valued at about $28,000. Versant Capital Management Inc raised its stake in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 184 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Church & Dwight during the second quarter valued at approximately $33,000. Finally, Kimelman & Baird LLC purchased a new stake in Church & Dwight during the second quarter valued at approximately $46,000. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Performance

NYSE CHD opened at $106.42 on Friday. The firm has a market capitalization of $26.07 billion, a P/E ratio of 47.72, a PEG ratio of 3.12 and a beta of 0.58. The stock has a 50-day simple moving average of $106.87 and a two-hundred day simple moving average of $104.05. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period last year, the business earned $0.74 earnings per share. Church & Dwight’s quarterly revenue was up 3.8% on a year-over-year basis. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Insider Activity

In related news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the sale, the director now directly owns 32,500 shares in the company, valued at approximately $3,448,575. The trade was a 23.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael Read bought 1,100 shares of Church & Dwight stock in a transaction on Monday, December 16th. The shares were purchased at an average cost of $106.82 per share, with a total value of $117,502.00. Following the acquisition, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 593,035 shares of company stock worth $62,282,808 in the last ninety days. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company upped their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Barclays upped their target price on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research report on Friday. Stifel Nicolaus lowered their price target on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a report on Friday. TD Cowen upped their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, JPMorgan Chase & Co. lifted 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. 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 data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $110.61.

About Church & Dwight

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.