Deutsche Bank AG Has $139.95 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Deutsche Bank AG grew its position in Church & Dwight Co., Inc. (NYSE:CHD) by 16.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,336,509 shares of the company’s stock after purchasing an additional 190,469 shares during the period. Deutsche Bank AG’s holdings in Church & Dwight were worth $139,946,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. YANKCOM Partnership acquired a new position in Church & Dwight in the 4th quarter worth approximately $25,000. Bernard Wealth Management Corp. purchased a new position in shares of Church & Dwight during the fourth quarter valued at $40,000. Bank of Jackson Hole Trust acquired a new position in Church & Dwight during the fourth quarter valued at $43,000. Banque Transatlantique SA acquired a new position in Church & Dwight during the fourth quarter valued at $46,000. Finally, Golden State Wealth Management LLC purchased a new stake in Church & Dwight in the 4th quarter worth about $51,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on CHD shares. Royal Bank of Canada lowered their target price on Church & Dwight from $105.00 to $100.00 and set a “sector perform” rating on the stock in a research note on Friday, May 2nd. Stifel Nicolaus upped their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research note on Monday, February 3rd. TD Cowen lowered shares of Church & Dwight from a “buy” rating to a “hold” rating and set a $100.00 target price for the company. in a research note on Tuesday, May 6th. Wells Fargo & Company upped their price target on shares of Church & Dwight from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 2nd. Finally, UBS Group reduced their price objective on Church & Dwight from $110.00 to $102.00 and set a “neutral” rating for the company in a research report on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight has a consensus rating of “Hold” and an average price target of $109.13.

Church & Dwight Stock Performance

NYSE:CHD opened at $91.59 on Friday. The firm has a market capitalization of $22.54 billion, a PE ratio of 38.65, a PEG ratio of 3.32 and a beta of 0.55. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 1 year low of $91.08 and a 1 year high of $116.46. The firm’s fifty day simple moving average is $104.03 and its 200 day simple moving average is $105.52.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.02. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the company posted $0.96 earnings per share. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. On average, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be given a $0.295 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.29%. Church & Dwight’s dividend payout ratio is 50.64%.

Insider Buying and Selling

In other Church & Dwight news, Director Penry W. Price sold 14,660 shares of the firm’s stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $93.13, for a total value of $1,365,285.80. Following the completion of the sale, the director now owns 27,043 shares in the company, valued at approximately $2,518,514.59. This trade represents a 35.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael Read acquired 3,000 shares of the stock in a transaction dated Friday, May 9th. The shares were purchased at an average price of $92.07 per share, for a total transaction of $276,210.00. Following the completion of the transaction, the executive vice president now owns 5,505 shares of the company’s stock, valued at $506,845.35. This trade represents a 119.76 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 80,230 shares of company stock valued at $8,903,734. 1.20% of the stock is owned by company 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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.