Church & Dwight (NYSE:CHD) Hits New 1-Year High at $105.83

Shares of Church & Dwight Co., Inc. (NYSE:CHD) hit a new 52-week high on Monday . The company traded as high as $105.83 and last traded at $105.61, with a volume of 161921 shares. The stock had previously closed at $104.35.

Analyst Upgrades and Downgrades

CHD has been the subject of several recent research reports. Oppenheimer boosted their price objective on Church & Dwight from $107.00 to $110.00 and gave the company an “outperform” rating in a report on Monday, February 5th. TheStreet upgraded Church & Dwight from a “c+” rating to a “b” rating in a report on Friday, February 2nd. UBS Group boosted their price objective on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Monday, February 5th. Stifel Nicolaus lifted their target price on Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research report on Monday, February 5th. Finally, JPMorgan Chase & Co. lifted their target price on Church & Dwight from $87.00 to $95.00 and gave the company an “underweight” rating in a research report on Thursday, January 18th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and an average price target of $103.27.

Church & Dwight Price Performance

The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. The firm has a fifty day moving average of $102.01 and a two-hundred day moving average of $96.57. The company has a market capitalization of $25.73 billion, a PE ratio of 34.72, a PEG ratio of 3.46 and a beta of 0.53.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, hitting the consensus estimate of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter last year, the business posted $0.62 EPS. The business’s revenue was up 6.4% on a year-over-year basis. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were issued a $0.2838 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.08%. Church & Dwight’s dividend payout ratio (DPR) is presently 37.17%.

Insiders Place Their Bets

In other news, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael Read sold 4,500 shares of Church & Dwight stock in a transaction on Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 373,052 shares of company stock valued at $38,603,796. Corporate insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

Large investors have recently made changes to their positions in the company. Game Plan Financial Advisors LLC purchased a new stake in Church & Dwight during the first quarter valued at approximately $26,000. Roble Belko & Company Inc purchased a new stake in Church & Dwight during the first quarter valued at approximately $31,000. Chilton Capital Management LLC raised its position in Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the period. Creekmur Asset Management LLC purchased a new stake in Church & Dwight during the fourth quarter valued at approximately $32,000. Finally, Annapolis Financial Services LLC raised its position in Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after purchasing an additional 334 shares during the period. 86.60% of the stock is owned by institutional investors.

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.