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

First Hawaiian Bank trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,525 shares of the company’s stock after selling 370 shares during the period. First Hawaiian Bank’s holdings in Church & Dwight were worth $2,568,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CHD. CWA Asset Management Group LLC boosted its holdings in Church & Dwight by 43.6% in the fourth quarter. CWA Asset Management Group LLC now owns 3,308 shares of the company’s stock valued at $346,000 after purchasing an additional 1,005 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of Church & Dwight by 4.7% in the fourth quarter. Nordea Investment Management AB now owns 18,673 shares of the company’s stock worth $1,957,000 after buying an additional 840 shares during the last quarter. GAMMA Investing LLC grew its holdings in Church & Dwight by 40.0% during the fourth quarter. GAMMA Investing LLC now owns 6,846 shares of the company’s stock worth $717,000 after acquiring an additional 1,956 shares during the period. Versant Capital Management Inc raised its position in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares in the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new position in Church & Dwight in the third quarter valued at approximately $5,934,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of the firm’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at $11,613,438.57. This trade represents a 59.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael Read acquired 1,100 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The shares were bought at an average price of $106.82 per share, with a total value of $117,502.00. Following the transaction, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 593,035 shares of company stock worth $62,282,808 in the last quarter. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. TD Cowen raised their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Wells Fargo & Company raised their target price on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. upped their price target on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Monday, November 4th. Finally, Barclays dropped their price objective on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, November 5th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $110.00.

Church & Dwight Stock Performance

NYSE:CHD opened at $102.57 on Thursday. The company has a market cap of $25.13 billion, a P/E ratio of 46.00, a P/E/G ratio of 3.86 and a beta of 0.58. Church & Dwight Co., Inc. has a twelve month low of $93.91 and a twelve month high of $113.50. The company’s 50-day moving average price is $106.81 and its 200-day moving average price is $104.10. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the company posted $0.74 EPS. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

Church & Dwight Company Profile

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.