Church & Dwight Co., Inc. (NYSE:CHD) VP Steven J. Katz sold 12,600 shares of the stock in a transaction on Friday, March 9th. The stock was sold at an average price of $50.66, for a total value of $638,316.00. Following the transaction, the vice president now owns 13,858 shares of the company’s stock, valued at approximately $702,046.28. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Church & Dwight Co., Inc. (CHD) traded down $0.03 during trading hours on Monday, hitting $50.56. The company’s stock had a trading volume of 1,355,264 shares, compared to its average volume of 2,266,804. Church & Dwight Co., Inc. has a 1 year low of $43.21 and a 1 year high of $54.18. The stock has a market cap of $12,341.05, a PE ratio of 17.32, a P/E/G ratio of 2.16 and a beta of 0.43. The company has a current ratio of 1.07, a quick ratio of 0.72 and a debt-to-equity ratio of 0.95.
Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Monday, February 5th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. Church & Dwight had a return on equity of 24.95% and a net margin of 19.69%. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last year, the firm posted $0.44 EPS. The company’s revenue was up 15.3% compared to the same quarter last year. equities analysts expect that Church & Dwight Co., Inc. will post 2.26 earnings per share for the current fiscal year.
A number of analysts recently issued reports on CHD shares. Zacks Investment Research raised Church & Dwight from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a report on Tuesday, January 9th. Jefferies Group reissued a “buy” rating and set a $62.00 price objective on shares of Church & Dwight in a report on Thursday, January 4th. Deutsche Bank started coverage on Church & Dwight in a report on Wednesday, December 13th. They set a “buy” rating and a $54.00 price objective on the stock. Societe Generale raised Church & Dwight from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a report on Wednesday, November 29th. They noted that the move was a valuation call. Finally, Stifel Nicolaus increased their price objective on Church & Dwight from $46.00 to $48.00 and gave the stock a “hold” rating in a report on Tuesday, February 6th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. Church & Dwight has an average rating of “Hold” and an average target price of $51.40.
Large investors have recently added to or reduced their stakes in the business. Ledyard National Bank raised its holdings in shares of Church & Dwight by 176.3% in the 4th quarter. Ledyard National Bank now owns 2,923 shares of the company’s stock valued at $147,000 after acquiring an additional 1,865 shares in the last quarter. Peak Asset Management LLC purchased a new stake in shares of Church & Dwight in the 4th quarter valued at about $203,000. Hermes Investment Management Ltd. purchased a new position in shares of Church & Dwight during the 4th quarter valued at about $206,000. MUFG Americas Holdings Corp purchased a new position in shares of Church & Dwight during the 3rd quarter valued at about $218,000. Finally, Delaney Dennis R purchased a new position in shares of Church & Dwight during the 4th quarter valued at about $241,000. 83.64% of the stock is currently owned by hedge funds and other institutional investors.
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About Church & Dwight
Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.
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