Church & Dwight Co. EVP Unloads $706,184 in Stock (CHD)
Church & Dwight Co. (NYSE:CHD) EVP Steven P. Cugine sold 10,428 shares of Church & Dwight Co. stock on the open market in a transaction dated Friday, May 16th. The shares were sold at an average price of $67.72, for a total transaction of $706,184.16. Following the transaction, the executive vice president now directly owns 7,793 shares of the company’s stock, valued at approximately $527,742. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Church & Dwight Co. (NYSE:CHD) traded up 0.07% on Monday, hitting $67.79. The stock had a trading volume of 539,444 shares. Church & Dwight Co. has a 1-year low of $56.36 and a 1-year high of $69.85. The stock has a 50-day moving average of $68.39 and a 200-day moving average of $66.61. The company has a market cap of $9.213 billion and a P/E ratio of 24.54.
Church & Dwight Co. (NYSE:CHD) last announced its earnings results on Thursday, May 1st. The company reported $0.73 earnings per share for the quarter, meeting the analysts’ 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 last year, the company posted $0.76 earnings per share. Church & Dwight Co.’s revenue was up .3% compared to the same quarter last year. 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. Shareholders 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 1.83%. The ex-dividend date is Thursday, May 8th.
A number of research firms have recently commented on CHD. 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. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Church & Dwight Co. currently has a consensus rating of “Hold” and an average target price of $73.22.
Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products.
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