Crestwood Advisors Group LLC Sells 570 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Crestwood Advisors Group LLC lowered its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 109,404 shares of the company’s stock after selling 570 shares during the period. Crestwood Advisors Group LLC’s holdings in Church & Dwight were worth $11,456,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Amalgamated Bank raised its stake in shares of Church & Dwight by 0.8% during the third quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock valued at $5,242,000 after acquiring an additional 394 shares during the last quarter. Board of the Pension Protection Fund bought a new position in Church & Dwight during the 4th quarter valued at approximately $639,000. Oddo BHF Asset Management Sas purchased a new stake in Church & Dwight in the 3rd quarter worth approximately $5,934,000. Citigroup Inc. lifted its holdings in Church & Dwight by 9.1% in the 3rd quarter. Citigroup Inc. now owns 337,738 shares of the company’s stock worth $35,368,000 after buying an additional 28,129 shares during the period. Finally, Financial Enhancement Group LLC grew its position in shares of Church & Dwight by 456.2% in the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company’s stock worth $6,232,000 after buying an additional 49,693 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Barclays raised their price target on Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 4th. JPMorgan Chase & Co. dropped their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. TD Cowen increased their price target 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. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight has a consensus rating of “Hold” and an average price target of $111.47.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $105.40 on Monday. The stock has a market cap of $25.93 billion, a price-to-earnings ratio of 44.47, a PEG ratio of 3.32 and a beta of 0.59. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $113.50. The firm’s 50-day moving average is $105.35 and its 200 day moving average is $104.74.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the prior year, the company earned $0.65 earnings per share. Sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.295 per share. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.12%. Church & Dwight’s dividend payout ratio (DPR) is 49.79%.

Insider Buying and Selling

In other news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the transaction, the director now directly owns 32,500 shares in the company, valued at $3,448,575. This trade represents a 23.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president now owns 4,973 shares of the company’s stock, valued at $556,976. This trade represents a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 49,522 shares of company stock worth $5,487,555. 2.00% of the stock is owned by corporate insiders.

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, 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.