Insider Selling: Church & Dwight Co. VP Sells 30,600 Shares of Stock (CHD)
Church & Dwight Co. (NYSE:CHD) VP Louis Tursi sold 30,600 shares of Church & Dwight Co. stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $68.01, for a total value of $2,081,106.00. Following the completion of the transaction, the vice president now directly owns 22,341 shares of the company’s stock, valued at approximately $1,519,411. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on CHD shares. Analysts at Citigroup Inc. reiterated a “hold” rating on shares of Church & Dwight Co. in a research note on Friday, May 2nd. They now have a $73.00 price target on the stock. Separately, analysts at Oppenheimer raised their price target on shares of Church & Dwight Co. from $72.00 to $76.00 in a research note on Friday, May 2nd. They now have an “outperform” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Church & Dwight Co. from $71.00 to $74.00 in a research note on Friday, May 2nd. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Church & Dwight Co. has an average rating of “Hold” and a consensus target price of $72.50.
Church & Dwight Co. (NYSE:CHD) traded down 0.03% during mid-day trading on Thursday, hitting $67.71. The stock had a trading volume of 435,890 shares. Church & Dwight Co. has a 52 week low of $56.36 and a 52 week high of $69.85. The stock’s 50-day moving average is $68.45 and its 200-day moving average is $66.43. The company has a market cap of $9.202 billion and a P/E ratio of 24.54.
Church & Dwight Co. (NYSE:CHD) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.73. The company had revenue of $782.00 million for the quarter, compared to the consensus estimate of $783.95 million. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was up .3% on a year-over-year basis. On average, analysts predict that Church & Dwight Co. will post $3.02 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, June 2nd. Stockholders of record on Monday, May 12th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Thursday, May 8th.
Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products.
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