Hamilton Point Investment Advisors LLC Has $10.93 Million Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Hamilton Point Investment Advisors LLC increased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 1.6% during the 4th quarter, HoldingsChannel reports. The firm owned 115,583 shares of the company’s stock after acquiring an additional 1,845 shares during the period. Church & Dwight comprises 2.2% of Hamilton Point Investment Advisors LLC’s holdings, making the stock its 9th largest position. Hamilton Point Investment Advisors LLC’s holdings in Church & Dwight were worth $10,930,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CHD. Vontobel Holding Ltd. raised its holdings in shares of Church & Dwight by 0.9% during the fourth quarter. Vontobel Holding Ltd. now owns 111,546 shares of the company’s stock valued at $10,548,000 after buying an additional 1,011 shares during the last quarter. Crown Oak Advisors LLC acquired a new position in Church & Dwight during the 4th quarter worth $10,142,000. Simplicity Wealth LLC bought a new position in shares of Church & Dwight in the fourth quarter worth $662,000. Louisiana State Employees Retirement System acquired a new position in shares of Church & Dwight during the fourth quarter valued at $1,409,000. Finally, Crestwood Advisors Group LLC raised its stake in shares of Church & Dwight by 2.3% during the fourth quarter. Crestwood Advisors Group LLC now owns 107,026 shares of the company’s stock valued at $10,120,000 after purchasing an additional 2,358 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now owns 4,319 shares in the company, valued at approximately $451,551.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael Read sold 4,500 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 373,052 shares of company stock worth $38,603,796. Corporate insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on CHD. JPMorgan Chase & Co. boosted their price target on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a research report on Thursday, January 18th. Argus raised Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a research note on Friday, February 23rd. Royal Bank of Canada lifted their price target on Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a research report on Monday, February 5th. UBS Group raised their target price on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. Finally, Stifel Nicolaus boosted their price target on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a research report on Monday, February 5th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $103.27.

Church & Dwight Stock Up 0.5 %

CHD stock traded up $0.55 during midday trading on Monday, reaching $101.63. The company had a trading volume of 1,218,473 shares, compared to its average volume of 1,295,166. The company has a 50 day moving average of $101.69 and a two-hundred day moving average of $96.16. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $105.67. The company has a market capitalization of $24.79 billion, a P/E ratio of 33.36, a PEG ratio of 3.48 and a beta of 0.53.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the company earned $0.62 EPS. The firm’s revenue was up 6.4% on a year-over-year basis. On average, equities research analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were issued a $0.2838 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a yield of 1.12%. Church & Dwight’s dividend payout ratio is currently 37.17%.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.