Bellecapital International Ltd. Has $4.45 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Bellecapital International Ltd. raised its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,442 shares of the company’s stock after purchasing an additional 294 shares during the quarter. Bellecapital International Ltd.’s holdings in Church & Dwight were worth $4,452,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in CHD. Strategic Financial Concepts LLC acquired a new stake in shares of Church & Dwight in the 4th quarter valued at $39,000. Bernard Wealth Management Corp. acquired a new position in Church & Dwight in the fourth quarter valued at about $40,000. Versant Capital Management Inc grew its stake in Church & Dwight by 42.1% during the first quarter. Versant Capital Management Inc now owns 378 shares of the company’s stock worth $42,000 after buying an additional 112 shares during the last quarter. Bank of Jackson Hole Trust bought a new stake in Church & Dwight during the fourth quarter worth about $43,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Church & Dwight during the fourth quarter worth approximately $46,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Carlen Hooker sold 11,875 shares of the stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $98.75, for a total value of $1,172,656.25. Following the transaction, the executive vice president now owns 262 shares of the company’s stock, valued at approximately $25,872.50. This represents a 97.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Read bought 3,000 shares of the firm’s stock in a transaction dated Friday, May 9th. The shares were bought at an average price of $92.07 per share, with a total value of $276,210.00. Following the completion of the transaction, the executive vice president now directly owns 5,505 shares in the company, valued at approximately $506,845.35. This trade represents a 119.76% increase in their position. The disclosure for this purchase can be found here. Insiders have sold 44,195 shares of company stock worth $4,283,432 in the last three months. Insiders own 1.20% of the company’s stock.

Church & Dwight Stock Down 0.3%

Shares of NYSE CHD opened at $99.07 on Thursday. Church & Dwight Co., Inc. has a 1 year low of $90.99 and a 1 year high of $116.46. The firm’s 50-day moving average is $98.57 and its 200-day moving average is $104.15. 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 $24.40 billion, a PE ratio of 41.80, a price-to-earnings-growth ratio of 3.32 and a beta of 0.52.

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

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were given a $0.295 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.19%. Church & Dwight’s dividend payout ratio is currently 50.64%.

Analyst Ratings Changes

Several research analysts have recently commented on CHD shares. Wall Street Zen downgraded Church & Dwight from a “hold” rating to a “sell” rating in a report on Tuesday, May 20th. Morgan Stanley reduced their price objective on Church & Dwight from $110.00 to $100.00 and set an “equal weight” rating on the stock in a research note on Monday, May 5th. Cowen lowered Church & Dwight from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. UBS Group cut their price target on Church & Dwight from $110.00 to $102.00 and set a “neutral” rating for the company in a report on Friday, May 2nd. Finally, Royal Bank of Canada raised shares of Church & Dwight from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $100.00 to $114.00 in a report on Monday, June 2nd. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $108.67.

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 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.