PFG Investments LLC Increases Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

PFG Investments LLC raised its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,109 shares of the company’s stock after acquiring an additional 354 shares during the period. PFG Investments LLC’s holdings in Church & Dwight were worth $640,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new position in Church & Dwight during the third quarter worth about $27,000. Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight during the 3rd quarter worth approximately $28,000. Versant Capital Management Inc boosted its stake in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after buying an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Church & Dwight in the second quarter valued at approximately $33,000. Finally, Point72 DIFC Ltd purchased a new stake in shares of Church & Dwight during the second quarter valued at approximately $50,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $106.79 on Thursday. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a market cap of $26.16 billion, a P/E ratio of 47.89, a P/E/G ratio of 3.29 and a beta of 0.58. The company has a 50 day moving average of $106.63 and a 200 day moving average of $104.14.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.74 earnings per share. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CHD. Barclays boosted their price objective on Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research report on Friday, January 17th. Wells Fargo & Company increased their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Stifel Nicolaus lowered their price objective on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research report on Friday, January 17th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a report on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $110.61.

Insider Activity

In other news, EVP Rick Spann sold 39,520 shares of Church & Dwight stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the sale, the executive vice president now directly owns 4,973 shares of the company’s stock, valued at approximately $556,976. The trade was a 88.82 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the transaction, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. This represents a 61.92 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 593,035 shares of company stock worth $62,282,808. 2.00% of the stock is currently owned by insiders.

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