Empowered Funds LLC Buys 1,494 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Empowered Funds LLC increased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 50.4% during the 1st quarter, according to the company’s most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,461 shares of the company’s stock after purchasing an additional 1,494 shares during the quarter. Empowered Funds LLC’s holdings in Church & Dwight were worth $465,000, according to its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Game Plan Financial Advisors LLC purchased a new stake in shares of Church & Dwight in the 1st quarter worth approximately $26,000. Chilton Capital Management LLC increased its holdings in shares of Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Roble Belko & Company Inc purchased a new stake in shares of Church & Dwight in the 1st quarter worth approximately $31,000. Creekmur Asset Management LLC purchased a new stake in shares of Church & Dwight in the 4th quarter worth approximately $32,000. Finally, Annapolis Financial Services LLC increased its holdings of shares of Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after purchasing an additional 334 shares during the period. Institutional investors own 86.60% of the company’s shares.

Wall Street analysts weigh in

A number of research firms have recently weighed in on CHD. JPMorgan Chase & Co. lowered their price target on shares of Church & Dwight from $98.00 to $97.00 and set an “underweight” rating on the company in a research note on Friday, May 3rd. BNP Paribas initiated coverage on shares of Church & Dwight in a research note on Monday, June 24th. They gave the company a “neutral” rating and a $114.00 price target. HSBC raised their price target on shares of Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a research note on Friday, May 3rd. Barclays lowered their price target on shares of Church & Dwight from $82.00 to $80.00 and set an “underweight” rating on the company in a research note on Friday. Finally, Argus raised their price objective on shares of Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, June 11th. Three equities analysts have rated the stock with a sell rating, ten have given a hold rating, and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $106.53.

Read our latest stock analysis on CHD

Church & Dwight Stock Performance

NYSE CHD opened Friday at $102.61. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $110.31. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. The company has a market cap of $25.09 billion, a price/earnings ratio of 32.57, a price/earnings/growth ratio of 3.33 and a beta of 0.52. The company has a 50-day moving average of $106.05 and a 200-day moving average of $103.08.

Church & Dwight (NYSE:CHD – Get Free Report) last released quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period last year, the company reported $0.85 EPS. The company’s revenue increased 5.1% compared to the same quarter last year. As a group, equities research analysts predict that Church & Dwight Co., Inc. will report 3.46 EPS for the current fiscal year.

Church & Dwight announces dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were given a dividend of $0.2838 per share. This represents a dividend payment of $1.14 on an annualized basis and a dividend yield of 1.11%. The ex-dividend date for this dividend was Tuesday, May 14th. Church & Dwight’s dividend payout ratio currently stands at 35.87%.

Insider transactions at Church & Dwight

In other Church & Dwight news, CFO Richard A. Dierker sold 86,740 shares of the company’s stock in a transaction on Friday, June 14. The shares were sold at an average price of $106.56, for a total value of $9,243,014.40. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at $813,479.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available via the SEC’s website. In other Church & Dwight news, Director Robert K. Shearer sold 13,200 shares of the company’s stock in a transaction on Wednesday, May 8. The shares were sold at an average price of $106.36, for a total value of $1,403,952.00. Following the completion of the sale, the CEO now directly owns 29,108 shares of the company’s stock, valued at $3,095,926.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC’s website. Also, CFO Richard A. Dierker sold 86,740 shares of the company’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at $813,479.04. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 182,346 shares of the company’s stock, valued at $19,465,948. Insiders own 2.00% of the company’s stock.

Church & Dwight Company Profile

(Free Report)

Church & Dwight Co., Inc. develops, manufactures and markets household, personal care and specialty products. The Company operates in three segments: Consumer Domestic, Consumer International and Specialty Products Division. The Company offers cat litter, carpet cleaners, 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 tests under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral pain relievers under the ORAJEL brand; laundry detergents under the XTRA brand; gummy nutritional supplements under the L’IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and shower heads under the WATERPIK brand; cold shortenings and lightening products under the ZICAM brand; oral care products under the THERABREATH brand and acne treatment products under the HERO brand.

Also see

Would you like to know which other hedge funds have CHD in their portfolio? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for Church & Dwight Co., Inc. (NYSE:CHD – Free Report).

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