Roffman Miller Associates Inc. PA Lowers Position in Church & Dwight Co., Inc. (NYSE:CHD)

Roffman Miller Associates Inc. PA lowered its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 276,495 shares of the company’s stock after selling 4,513 shares during the quarter. Church & Dwight accounts for approximately 1.8% of Roffman Miller Associates Inc. PA’s investment portfolio, making the stock its 21st largest holding. Roffman Miller Associates Inc. PA’s holdings in Church & Dwight were worth $28,952,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of CHD. YANKCOM Partnership purchased a new stake in shares of Church & Dwight in the 4th quarter valued at about $25,000. Capital Performance Advisors LLP bought a new position in shares of Church & Dwight during the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight during the 3rd quarter valued at about $28,000. Versant Capital Management Inc increased its position 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 purchasing an additional 184 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in shares of Church & Dwight during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling

In related news, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were acquired at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the transaction, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $106.11, for a total value of $1,061,100.00. Following the sale, the director now owns 32,500 shares in the company, valued at approximately $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 49,522 shares of company stock worth $5,487,555. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CHD. Stifel Nicolaus increased their price objective on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Wells Fargo & Company increased their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Barclays increased their price objective on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday, February 4th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight presently has a consensus rating of “Hold” and an average target price of $111.47.

Church & Dwight Stock Performance

NYSE:CHD opened at $105.40 on Monday. The stock has a 50-day simple moving average of $105.35 and a two-hundred day simple moving average of $104.74. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $113.50. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The firm has a market capitalization of $25.93 billion, a PE ratio of 44.47, a P/E/G ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period in the prior year, the business earned $0.65 EPS. Analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.295 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s payout ratio is currently 49.79%.

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.