Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt cut its position in Church & Dwight Co., Inc. (NYSE:CHD) by 15.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,177 shares of the company’s stock after selling 400 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Church & Dwight were worth $228,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. YANKCOM Partnership acquired a new stake in Church & Dwight in the 4th quarter valued at about $25,000. Capital Performance Advisors LLP acquired a new position in shares of Church & Dwight in the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC purchased a new stake in Church & Dwight in the 3rd quarter worth approximately $28,000. Versant Capital Management Inc grew its stake in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 184 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in Church & Dwight in the fourth quarter worth $39,000. 86.60% of the stock is owned by institutional investors.

Church & Dwight Stock Down 0.3 %

CHD stock opened at $105.05 on Friday. The firm has a 50-day moving average price of $105.97 and a 200-day moving average price of $104.30. The stock has a market capitalization of $25.74 billion, a P/E ratio of 44.32, a price-to-earnings-growth ratio of 3.35 and a beta of 0.59. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the company earned $0.65 EPS. As a group, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.12%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s dividend payout ratio is presently 47.68%.

Analysts Set New Price Targets

CHD has been the subject of several research analyst reports. TD Cowen boosted their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. boosted their price target on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Wells Fargo & Company upped their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Finally, Piper Sandler cut their price target on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock 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. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $111.53.

Insider Buying and Selling at Church & Dwight

In other news, Director Bradley C. Irwin sold 13,200 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total value of $1,418,208.00. Following the completion of the sale, the director now directly owns 37,169 shares of the company’s stock, valued at approximately $3,993,437.36. This trade represents a 26.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Maynadier Patrick D. De sold 45,120 shares of Church & Dwight stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,158,361.75. This trade represents a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 115,622 shares of company stock worth $12,842,559 over the last three months. 2.00% of the stock is owned by insiders.

Church & Dwight 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.