Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by New England Research & Management Inc.

New England Research & Management Inc. lessened its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,500 shares of the company’s stock after selling 600 shares during the period. Church & Dwight comprises 3.0% of New England Research & Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. New England Research & Management Inc.’s holdings in Church & Dwight were worth $5,916,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Amalgamated Bank grew its holdings in Church & Dwight by 0.8% during the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock worth $5,242,000 after acquiring an additional 394 shares in the last quarter. Board of the Pension Protection Fund acquired a new position in Church & Dwight during the 4th quarter worth approximately $639,000. Oddo BHF Asset Management Sas acquired a new position in Church & Dwight during the 3rd quarter worth approximately $5,934,000. Citigroup Inc. grew its holdings in Church & Dwight by 9.1% during the 3rd quarter. Citigroup Inc. now owns 337,738 shares of the company’s stock worth $35,368,000 after acquiring an additional 28,129 shares in the last quarter. Finally, Financial Enhancement Group LLC grew its holdings in Church & Dwight by 456.2% during the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company’s stock worth $6,232,000 after acquiring an additional 49,693 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In related news, EVP Michael Read acquired 1,100 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were acquired at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the acquisition, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Joseph James Longo sold 7,780 shares of the 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 transaction, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. The trade was a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 593,035 shares of company stock worth $62,282,808. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $106.79 on Thursday. The stock has a market cap of $26.16 billion, a price-to-earnings ratio of 47.89, a PEG ratio of 3.29 and a beta of 0.58. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The company’s 50-day moving average price is $106.63 and its 200 day moving average price is $104.14. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.74 EPS. As a group, research analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CHD has been the subject of several recent analyst reports. Wells Fargo & Company boosted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Barclays upped their price target on shares of Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research report on Friday, January 17th. JPMorgan Chase & Co. upped 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. Deutsche Bank Aktiengesellschaft upped their price target 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. Finally, TD Cowen upped their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $110.61.

Church & Dwight 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.