C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases Shares of 47,266 Church & Dwight Co., Inc. (NYSE:CHD)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 47,266 shares of the company’s stock, valued at approximately $4,949,000.

Several other institutional investors have also modified their holdings of CHD. Creative Planning lifted its stake in shares of Church & Dwight by 4.9% in the 3rd quarter. Creative Planning now owns 55,434 shares of the company’s stock valued at $5,805,000 after purchasing an additional 2,578 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Church & Dwight by 0.7% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 33,235 shares of the company’s stock valued at $3,480,000 after purchasing an additional 225 shares during the last quarter. Raymond James & Associates lifted its stake in shares of Church & Dwight by 1.8% in the 3rd quarter. Raymond James & Associates now owns 318,499 shares of the company’s stock valued at $33,353,000 after purchasing an additional 5,528 shares during the last quarter. Bellecapital International Ltd. lifted its stake in shares of Church & Dwight by 10.0% in the 3rd quarter. Bellecapital International Ltd. now owns 35,336 shares of the company’s stock valued at $3,700,000 after purchasing an additional 3,204 shares during the last quarter. Finally, Crew Capital Management Ltd. bought a new stake in shares of Church & Dwight in the 3rd quarter valued at approximately $376,000. 86.60% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CAO Joseph James Longo sold 7,780 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the transaction, the chief accounting officer now directly owns 400 shares in the company, valued at $44,976. The trade was a 95.11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the transaction, 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. Insiders have sold a total of 102,422 shares of company stock worth $11,424,351 in the last ninety days. 2.00% of the stock is owned by insiders.

Church & Dwight Trading Down 2.2 %

Shares of NYSE:CHD opened at $105.12 on Tuesday. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $113.50. The business’s fifty day simple moving average is $105.48 and its 200-day simple moving average is $104.59. The company has a market capitalization of $25.75 billion, a PE ratio of 44.36, a P/E/G 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 (NYSE:CHD) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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 firm posted $0.65 EPS. As a group, equities research analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a 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 payout ratio is 47.68%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Piper Sandler decreased their price target on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Truist Financial raised their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Barclays raised their price target on Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 4th. Wells Fargo & Company raised their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $111.53.

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.