Inscription Capital LLC Buys Shares of 4,800 Church & Dwight Co., Inc. (NYSE:CHD)

Inscription Capital LLC bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,800 shares of the company’s stock, valued at approximately $409,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Capital International Investors increased its position in Church & Dwight by 13.0% during the 1st quarter. Capital International Investors now owns 11,547,930 shares of the company’s stock valued at $1,008,712,000 after purchasing an additional 1,325,193 shares during the period. Geode Capital Management LLC increased its position in Church & Dwight by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 4,428,245 shares of the company’s stock valued at $376,345,000 after purchasing an additional 122,062 shares during the period. WCM Investment Management LLC increased its position in Church & Dwight by 4.4% during the 1st quarter. WCM Investment Management LLC now owns 3,594,874 shares of the company’s stock valued at $314,012,000 after purchasing an additional 152,026 shares during the period. Stifel Financial Corp increased its position in Church & Dwight by 3.0% during the 2nd quarter. Stifel Financial Corp now owns 3,303,889 shares of the company’s stock valued at $281,558,000 after purchasing an additional 96,821 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Church & Dwight by 0.6% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,991,474 shares of the company’s stock worth $261,305,000 after buying an additional 17,551 shares during the period. 80.50% of the stock is owned by institutional investors and hedge funds.

In other news, Director Robert K. Shearer sold 14,660 shares of Church & Dwight stock in a transaction on Friday, August 20th. The stock was sold at an average price of $86.60, for a total transaction of $1,269,556.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CMO Britta Bomhard sold 38,738 shares of Church & Dwight stock in a transaction dated Friday, August 20th. The stock was sold at an average price of $86.68, for a total value of $3,357,809.84. Following the completion of the sale, the chief marketing officer now directly owns 7,846 shares of the company’s stock, valued at approximately $680,091.28. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 94,073 shares of company stock worth $8,108,739. Company insiders own 2.00% of the company’s stock.

CHD has been the subject of several recent analyst reports. Raymond James downgraded shares of Church & Dwight from a “market perform” rating to an “underperform” rating in a research report on Tuesday, July 13th. Wells Fargo & Company reduced their price objective on shares of Church & Dwight from $92.00 to $89.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 28th. Credit Suisse Group reduced their price objective on shares of Church & Dwight from $102.00 to $100.00 and set an “outperform” rating for the company in a research report on Monday, August 2nd. Finally, UBS Group initiated coverage on shares of Church & Dwight in a research report on Wednesday, June 23rd. They set a “neutral” rating and a $85.00 price objective for the company. Three analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $91.22.

Shares of CHD opened at $83.12 on Thursday. Church & Dwight Co., Inc. has a 12-month low of $77.62 and a 12-month high of $96.31. The business’s fifty day moving average is $83.69 and its 200 day moving average is $85.47. The company has a quick ratio of 0.42, a current ratio of 0.82 and a debt-to-equity ratio of 0.45. The stock has a market cap of $20.41 billion, a P/E ratio of 26.06, a P/E/G ratio of 3.44 and a beta of 0.39.

Church & Dwight (NYSE:CHD) last issued its earnings results on Thursday, July 29th. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.06. Church & Dwight had a return on equity of 22.20% and a net margin of 15.96%. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same period last year, the business earned $0.77 EPS. Church & Dwight’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, analysts expect that Church & Dwight Co., Inc. will post 3 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 1st. Shareholders of record on Monday, August 16th were paid a dividend of $0.2525 per share. This represents a $1.01 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend was Friday, August 13th. Church & Dwight’s dividend payout ratio (DPR) is presently 35.69%.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. 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.

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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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