Koshinski Asset Management Inc. Acquires 564 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Koshinski Asset Management Inc. raised its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 6.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,873 shares of the company’s stock after acquiring an additional 564 shares during the period. Koshinski Asset Management Inc.’s holdings in Church & Dwight were worth $929,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capital Performance Advisors LLP purchased a new position in shares of Church & Dwight during the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC purchased a new stake in Church & Dwight during the 3rd quarter valued at $28,000. Versant Capital Management Inc lifted its holdings in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Church & Dwight in the 2nd quarter worth $33,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Church & Dwight in the second quarter worth $46,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Trading Up 0.2 %

Church & Dwight stock opened at $106.66 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The firm’s 50 day moving average price is $106.84 and its 200-day moving average price is $104.04. Church & Dwight Co., Inc. has a 1 year low of $96.09 and a 1 year high of $113.50. The stock has a market cap of $26.13 billion, a P/E ratio of 47.83, a PEG ratio of 3.28 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the previous year, the company earned $0.74 EPS. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were issued a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.06%. The ex-dividend date was Friday, November 15th. Church & Dwight’s dividend payout ratio is presently 50.67%.

Insiders Place Their Bets

In other Church & Dwight news, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction on Monday, December 16th. The stock was acquired at an average cost of $106.82 per share, with a total value of $117,502.00. Following the purchase, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This represents a 78.29 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Matthew Farrell sold 300,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the sale, the chief executive officer now owns 112,719 shares in the company, valued at $11,704,740.96. This represents a 72.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 593,035 shares of company stock valued at $62,282,808 in the last quarter. 1.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

CHD has been the topic of a number of recent research reports. Stifel Nicolaus lowered their target price on Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a report on Friday, January 17th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Wells Fargo & Company boosted their target price 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. Barclays increased their price target on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research report on Friday, January 17th. Finally, TD Cowen boosted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $110.61.

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.