Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by First National Trust Co

First National Trust Co lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 25.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,131 shares of the company’s stock after selling 1,750 shares during the quarter. First National Trust Co’s holdings in Church & Dwight were worth $485,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CHD. Chilton Capital Management LLC boosted its position in shares of Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Annapolis Financial Services LLC boosted its position in shares of Church & Dwight by 2,087.5% during the fourth 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 period. Koesten Hirschmann & Crabtree INC. acquired a new stake in shares of Church & Dwight in the third quarter valued at $38,000. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Church & Dwight in the 4th quarter valued at $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Church & Dwight by 74.7% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock worth $65,000 after acquiring an additional 293 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the sale, the executive vice president now owns 4,319 shares in the company, valued at approximately $451,551.45. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of Church & Dwight stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $98.29, for a total value 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction on 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 completion of the transaction, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. Insiders have sold a total of 373,052 shares of company stock valued at $38,603,796 over the last quarter. Company insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CHD shares. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. The Goldman Sachs Group initiated coverage on shares of Church & Dwight in a report on Friday, March 1st. They set a “buy” rating and a $110.00 target price on the stock. Bank of America boosted their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, April 15th. HSBC lifted their target price on Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a report on Friday. Finally, 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 report on Monday, February 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $105.63.

Church & Dwight Stock Up 0.2 %

Shares of Church & Dwight stock traded up $0.23 during trading hours on Friday, hitting $106.11. The company had a trading volume of 1,283,889 shares, compared to its average volume of 1,247,251. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.64. The company’s 50-day moving average is $103.68 and its two-hundred day moving average is $97.76. The company has a market cap of $25.88 billion, a P/E ratio of 33.69, a price-to-earnings-growth ratio of 3.55 and a beta of 0.51. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $108.68.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. Church & Dwight’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.85 earnings per share. Analysts anticipate that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a dividend of $0.2838 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight’s dividend payout ratio is presently 35.87%.

About Church & Dwight

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.