Mount Yale Investment Advisors LLC Sells 438 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Mount Yale Investment Advisors LLC trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 6.0% in the 2nd quarter, Holdings Channel reports. The firm owned 6,902 shares of the company’s stock after selling 438 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Church & Dwight were worth $716,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CHD. Texas Yale Capital Corp. lifted its holdings in Church & Dwight by 1.0% during the 1st quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock valued at $1,106,000 after buying an additional 100 shares in the last quarter. Garner Asset Management Corp raised its stake in shares of Church & Dwight by 5.1% during the first quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock valued at $215,000 after acquiring an additional 100 shares in the last quarter. Elk River Wealth Management LLC boosted its holdings in shares of Church & Dwight by 0.3% in the second quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock valued at $3,595,000 after purchasing an additional 114 shares during the period. Kingswood Wealth Advisors LLC grew its stake in Church & Dwight by 2.4% in the first quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock worth $516,000 after purchasing an additional 117 shares in the last quarter. Finally, Sovereign Financial Group Inc. increased its holdings in Church & Dwight by 0.7% during the 1st quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock worth $1,819,000 after purchasing an additional 120 shares during the period. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $429,179.03. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CHD. JPMorgan Chase & Co. dropped their price target on Church & Dwight from $101.00 to $97.00 and set an “underweight” rating on the stock in a research report on Monday, August 5th. Wells Fargo & Company dropped their target price on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Morgan Stanley lowered shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target for the company. in a report on Monday, September 9th. Argus increased 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. Finally, BNP Paribas began coverage on shares of Church & Dwight in a research note on Monday, June 24th. They issued a “neutral” rating and a $114.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and a consensus target price of $106.58.

Church & Dwight Trading Up 0.1 %

Shares of Church & Dwight stock opened at $103.51 on Tuesday. The firm’s 50 day simple moving average is $102.05 and its two-hundred day simple moving average is $104.23. The firm has a market capitalization of $25.31 billion, a price-to-earnings ratio of 32.86, a PEG ratio of 3.55 and a beta of 0.54. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.09. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted $0.92 EPS. Analysts predict that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio is presently 35.87%.

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.