Quantinno Capital Management LP Buys 7,070 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Quantinno Capital Management LP raised its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 21.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,292 shares of the company’s stock after buying an additional 7,070 shares during the period. Quantinno Capital Management LP’s holdings in Church & Dwight were worth $4,114,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Lake Street Advisors Group LLC grew its position in Church & Dwight by 3.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock worth $282,000 after acquiring an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Church & Dwight by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after purchasing an additional 103 shares during the last quarter. Whittier Trust Co. increased its stake in shares of Church & Dwight by 3.2% in the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock valued at $345,000 after buying an additional 103 shares during the period. Atria Wealth Solutions Inc. raised its holdings in Church & Dwight by 0.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock valued at $1,270,000 after buying an additional 110 shares during the last quarter. Finally, Weaver Capital Management LLC raised its holdings in Church & Dwight by 3.3% in the 4th quarter. Weaver Capital Management LLC now owns 3,627 shares of the company’s stock valued at $380,000 after buying an additional 116 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

Church & Dwight stock opened at $95.92 on Monday. The stock has a market capitalization of $23.62 billion, a price-to-earnings ratio of 40.47, a PEG ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a 52-week low of $90.99 and a 52-week high of $116.46. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The stock’s 50 day moving average price is $102.30 and its two-hundred day moving average price is $105.33.

Church & Dwight (NYSE:CHD) last issued its earnings results on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the firm earned $0.96 earnings per share. Church & Dwight’s revenue was down 2.4% on a year-over-year basis. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Thursday, May 15th. Church & Dwight’s payout ratio is 50.64%.

Analysts Set New Price Targets

A number of research firms have weighed in on CHD. JPMorgan Chase & Co. reduced their target price on shares of Church & Dwight from $106.00 to $98.00 and set an “underweight” rating on the stock in a report on Friday, April 11th. TD Cowen cut shares of Church & Dwight from a “buy” rating to a “hold” rating and set a $100.00 price objective on the stock. in a research note on Tuesday, May 6th. Evercore ISI decreased their price objective on Church & Dwight from $106.00 to $102.00 and set an “in-line” rating for the company in a report on Friday, May 2nd. Wells Fargo & Company lifted their target price on Church & Dwight from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Wednesday, April 2nd. Finally, Barclays reduced their price target on Church & Dwight from $94.00 to $84.00 and set an “underweight” rating on the stock in a research report on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $109.13.

Insider Buying and Selling

In other news, EVP Rene Hemsey sold 11,060 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the sale, the executive vice president now directly owns 6,437 shares of the company’s stock, valued at $707,941.26. The trade was a 63.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Richard A. Dierker purchased 7,950 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average cost of $94.66 per share, for a total transaction of $752,547.00. Following the transaction, the chief executive officer now owns 16,358 shares in the company, valued at $1,548,448.28. This represents a 94.55% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have sold 80,230 shares of company stock valued at $8,903,734. 2.00% of the stock is owned by company insiders.

About Church & Dwight

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.