Church & Dwight Co., Inc. (CHD) Shares Sold by Axa
Axa cut its position in Church & Dwight Co., Inc. (NYSE:CHD) by 2.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 234,951 shares of the company’s stock after selling 5,349 shares during the quarter. Axa’s holdings in Church & Dwight were worth $11,788,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently bought and sold shares of CHD. Sandy Spring Bank grew its position in Church & Dwight by 138.4% in the 3rd quarter. Sandy Spring Bank now owns 2,756 shares of the company’s stock worth $133,000 after purchasing an additional 1,600 shares during the last quarter. Ledyard National Bank grew its position in Church & Dwight by 176.3% in the 4th quarter. Ledyard National Bank now owns 2,923 shares of the company’s stock worth $147,000 after purchasing an additional 1,865 shares during the last quarter. Hermes Investment Management Ltd. acquired a new stake in Church & Dwight in the 4th quarter worth $206,000. MUFG Americas Holdings Corp acquired a new stake in Church & Dwight in the 3rd quarter worth $218,000. Finally, Delaney Dennis R acquired a new stake in Church & Dwight in the 4th quarter worth $241,000. Institutional investors and hedge funds own 82.64% of the company’s stock.
In other news, Director James Craigie sold 24,508 shares of Church & Dwight stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $50.03, for a total transaction of $1,226,135.24. Following the sale, the director now directly owns 52,625 shares in the company, valued at approximately $2,632,828.75. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.00% of the stock is currently owned by insiders.
Shares of Church & Dwight Co., Inc. (NYSE:CHD) opened at $50.59 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.72 and a debt-to-equity ratio of 0.95. Church & Dwight Co., Inc. has a 12-month low of $43.21 and a 12-month high of $54.18. The firm has a market cap of $12,436.18, a PE ratio of 17.33, a PEG ratio of 2.17 and a beta of 0.43.
Church & Dwight (NYSE:CHD) last issued its earnings results on Monday, February 5th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. Church & Dwight had a net margin of 19.69% and a return on equity of 24.95%. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1 billion. During the same period in the previous year, the business earned $0.44 EPS. The firm’s revenue was up 15.3% on a year-over-year basis. analysts anticipate that Church & Dwight Co., Inc. will post 2.26 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th were given a dividend of $0.2175 per share. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.19. This represents a $0.87 annualized dividend and a dividend yield of 1.72%. The ex-dividend date was Wednesday, February 14th. Church & Dwight’s payout ratio is 29.79%.
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Church & Dwight Company Profile
Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.
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