Roffman Miller Associates Inc. PA Cuts Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Roffman Miller Associates Inc. PA reduced its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 293,783 shares of the company’s stock after selling 3,684 shares during the period. Church & Dwight comprises approximately 2.0% of Roffman Miller Associates Inc. PA’s holdings, making the stock its 20th largest position. Roffman Miller Associates Inc. PA owned approximately 0.12% of Church & Dwight worth $27,780,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Chilton Capital Management LLC grew its stake in shares of Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after acquiring an additional 110 shares during the period. Annapolis Financial Services LLC boosted its stake in shares of Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after buying an additional 334 shares during the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new position in shares of Church & Dwight during the 3rd quarter worth $38,000. McGlone Suttner Wealth Management Inc. bought a new position in Church & Dwight in the 4th quarter worth $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its position in Church & Dwight by 74.7% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock valued at $65,000 after purchasing an additional 293 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on CHD. Royal Bank of Canada upped their price target on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research report on Monday, February 5th. Bank of America raised their target price on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, April 15th. Stifel Nicolaus boosted their price target on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a research note on Monday, February 5th. Oppenheimer lifted their target price on Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, UBS Group increased their price target on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and an average target price of $104.07.

Insider Transactions at Church & Dwight

In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $98.29, for a total transaction of $761,944.08. Following the transaction, the director now directly owns 25,692 shares in the company, valued at approximately $2,525,266.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Penry W. Price sold 7,752 shares of Church & Dwight stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $98.29, for a total value of $761,944.08. Following the completion of the sale, the director now directly owns 25,692 shares in the company, valued at $2,525,266.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. Over the last three months, insiders have sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Trading Down 0.4 %

Shares of CHD traded down $0.43 during mid-day trading on Friday, reaching $106.82. 407,926 shares of the company’s stock traded hands, compared to its average volume of 1,266,712. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $108.10. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. The stock has a market cap of $26.05 billion, a P/E ratio of 35.28, a P/E/G ratio of 3.59 and a beta of 0.53. The stock’s 50-day moving average is $102.74 and its two-hundred day moving average is $96.97.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. Church & Dwight’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.62 EPS. Research analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were paid a $0.2838 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Wednesday, February 14th. Church & Dwight’s dividend payout ratio is currently 37.17%.

Church & Dwight Company Profile

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.