Nebula Research & Development LLC Invests $436,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Nebula Research & Development LLC bought a new stake in Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,160 shares of the company’s stock, valued at approximately $436,000.

Several other institutional investors and hedge funds have also bought and sold shares of CHD. YANKCOM Partnership bought a new stake in shares of Church & Dwight during the 4th quarter worth approximately $25,000. Versant Capital Management Inc increased its holdings in Church & Dwight by 224.4% during the fourth 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. Strategic Financial Concepts LLC bought a new stake in Church & Dwight during the fourth quarter worth $39,000. Bernard Wealth Management Corp. acquired a new stake in Church & Dwight in the fourth quarter valued at $40,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of Church & Dwight in the 4th quarter valued at about $43,000. Institutional investors own 86.60% of the company’s stock.

Insider Activity

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the transaction, the executive vice president now directly owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,570 shares of company stock worth $7,538,449. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Performance

Shares of NYSE:CHD opened at $99.19 on Wednesday. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $116.46. The company’s 50 day moving average price is $106.63 and its two-hundred day moving average price is $106.11. The firm has a market cap of $24.41 billion, a PE ratio of 41.85, a PEG ratio of 3.32 and a beta of 0.55. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter last year, the firm posted $0.65 EPS. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is currently 49.79%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CHD shares. Bank of America upgraded shares of Church & Dwight from a “neutral” rating to a “buy” rating and raised their target price for the company from $112.00 to $125.00 in a research note on Tuesday, April 15th. Barclays cut their price objective on Church & Dwight from $97.00 to $94.00 and set an “underweight” rating for the company in a research report on Friday, April 11th. UBS Group boosted their target price on Church & Dwight from $109.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, April 17th. JPMorgan Chase & Co. dropped their price target on Church & Dwight from $106.00 to $98.00 and set an “underweight” rating on the stock in a research note on Friday, April 11th. Finally, Oppenheimer reduced their price objective on shares of Church & Dwight from $120.00 to $115.00 and set an “outperform” rating for the company in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $112.29.

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 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.