Flossbach Von Storch SE Reduces Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Flossbach Von Storch SE decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 151,999 shares of the company’s stock after selling 963 shares during the quarter. Flossbach Von Storch SE owned approximately 0.06% of Church & Dwight worth $15,916,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. YANKCOM Partnership purchased a new position in shares of Church & Dwight during the fourth quarter worth about $25,000. Capital Performance Advisors LLP purchased a new position in shares of Church & Dwight during the third quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight during the third quarter worth about $28,000. Versant Capital Management Inc lifted its position in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in Church & Dwight in the fourth quarter valued at about $39,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the sale, the executive vice president now owns 4,973 shares of the company’s stock, valued at $556,976. This represents a 88.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the transaction, the chief accounting officer now owns 400 shares of the company’s stock, valued at approximately $44,976. This trade represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 57,302 shares of company stock worth $6,362,338 in the last quarter. 2.00% of the stock is owned by corporate insiders.

Church & Dwight Stock Performance

NYSE:CHD opened at $104.33 on Thursday. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $25.66 billion, a price-to-earnings ratio of 44.02, a PEG ratio of 3.30 and a beta of 0.59. The firm’s fifty day simple moving average is $105.40 and its 200 day simple moving average is $104.66. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $113.50.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the business posted $0.65 EPS. As a group, equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a $0.295 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.13%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s payout ratio is currently 49.79%.

Analysts Set New Price Targets

A number of brokerages recently commented on CHD. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research report on Monday, February 3rd. JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research report on Thursday, January 16th. Barclays lifted their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday, February 4th. Finally, Wells Fargo & Company lifted their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $111.53.

Church & Dwight Company Profile

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.