Tandem Investment Advisors Inc. Has $42.81 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Tandem Investment Advisors Inc. decreased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 1.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 452,710 shares of the company’s stock after selling 7,626 shares during the quarter. Tandem Investment Advisors Inc. owned 0.18% of Church & Dwight worth $42,808,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Simplicity Solutions LLC boosted its position in shares of Church & Dwight by 69.5% in the 4th quarter. Simplicity Solutions LLC now owns 26,257 shares of the company’s stock valued at $2,483,000 after purchasing an additional 10,762 shares during the period. Crown Oak Advisors LLC acquired a new position in shares of Church & Dwight in the 4th quarter valued at $10,142,000. Assenagon Asset Management S.A. boosted its position in shares of Church & Dwight by 290.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 56,221 shares of the company’s stock valued at $5,316,000 after purchasing an additional 41,804 shares during the period. Schroder Investment Management Group boosted its position in Church & Dwight by 1,474.7% during the 3rd quarter. Schroder Investment Management Group now owns 233,318 shares of the company’s stock worth $21,379,000 after acquiring an additional 218,501 shares during the period. Finally, DekaBank Deutsche Girozentrale boosted its position in Church & Dwight by 21.4% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 109,150 shares of the company’s stock worth $10,213,000 after acquiring an additional 19,246 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Performance

Shares of CHD traded up $0.20 on Wednesday, reaching $103.45. 1,414,840 shares of the stock traded hands, compared to its average volume of 1,299,826. The firm has a market cap of $25.23 billion, a price-to-earnings ratio of 34.04, a P/E/G ratio of 3.49 and a beta of 0.53. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $105.67. The stock’s 50-day moving average price is $101.79 and its 200-day moving average price is $96.31.

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

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were given a dividend of $0.2838 per share. The ex-dividend date 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 dividend yield of 1.10%. Church & Dwight’s payout ratio is currently 37.17%.

Analyst Ratings Changes

CHD has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a research report on Thursday, January 18th. Oppenheimer raised their price objective on Church & Dwight from $107.00 to $110.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Argus raised Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research note on Friday, February 23rd. Barclays raised their price objective on Church & Dwight from $80.00 to $83.00 and gave the company an “underweight” rating in a research note on Friday, April 12th. Finally, The Goldman Sachs Group started coverage on Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Church & Dwight has an average rating of “Hold” and a consensus target price of $103.27.

Insider Activity

In related news, CEO Matthew Farrell sold 275,000 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total value of $28,553,250.00. Following the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CFO Richard A. Dierker sold 24,380 shares of the business’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $103.61, for a total value of $2,526,011.80. Following the sale, the chief financial officer now owns 7,634 shares of the company’s stock, valued at approximately $790,958.74. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Matthew Farrell sold 275,000 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,703,613.77. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 373,052 shares of company stock worth $38,603,796. Company insiders own 1.40% of the company’s stock.

About Church & Dwight

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.