Dfpg Investments LLC Raises Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Dfpg Investments LLC boosted its position in shares of Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 14.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,066 shares of the company’s stock after purchasing an additional 644 shares during the period. Dfpg Investments LLC’s holdings in Church & Dwight were worth $476,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CHD. Renaissance Investment Group LLC raised its stake in shares of Church & Dwight by 0.7% in the 4th quarter. Renaissance Investment Group LLC now owns 81,827 shares of the company’s stock valued at $7,738,000 after acquiring an additional 584 shares during the period. Czech National Bank raised its stake in shares of Church & Dwight by 0.3% in the 4th quarter. Czech National Bank now owns 43,152 shares of the company’s stock valued at $4,080,000 after acquiring an additional 149 shares during the period. Massmutual Trust Co. FSB ADV raised its stake in shares of Church & Dwight by 8.0% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 10,663 shares of the company’s stock valued at $1,008,000 after acquiring an additional 790 shares during the period. Vanguard Group Inc. raised its stake in shares of Church & Dwight by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 29,910,126 shares of the company’s stock valued at $2,740,665,000 after acquiring an additional 145,390 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in shares of Church & Dwight by 2.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 6,580 shares of the company’s stock valued at $603,000 after acquiring an additional 137 shares during the period. 82.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CHD. The Goldman Sachs Group began coverage on shares of Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 price target on the stock. Truist Financial lifted their price objective on shares of Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Citigroup cut shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $90.00 price objective for the company. in a report on Wednesday, December 13th. Oppenheimer lifted their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Finally, Argus upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a report on Friday, February 23rd. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Church & Dwight currently has an average rating of “Hold” and an average target price of $102.80.

Get Our Latest Analysis on CHD

Church & Dwight Trading Down 1.8 %

Shares of Church & Dwight stock opened at $102.99 on Thursday. The company has a fifty day simple moving average of $100.18 and a 200-day simple moving average of $95.19. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $105.67. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. The stock has a market cap of $25.11 billion, a price-to-earnings ratio of 33.88, a PEG ratio of 3.61 and a beta of 0.53.

Church & Dwight (NYSE:CHDGet Free Report) last issued its earnings results on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the prior year, the business posted $0.62 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were issued a $0.2838 dividend. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.10%. Church & Dwight’s dividend payout ratio is presently 37.17%.

Insider Activity

In other news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $98.29, for a total value of $761,944.08. Following the completion of the transaction, the director now owns 25,692 shares in the company, valued at approximately $2,525,266.68. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the sale, the executive vice president now owns 4,319 shares in the company, valued at approximately $451,551.45. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $98.29, for a total transaction of $761,944.08. Following the completion of the sale, the director now owns 25,692 shares of the company’s stock, valued at approximately $2,525,266.68. The disclosure for this sale can be found here. In the last quarter, insiders sold 373,052 shares of company stock worth $38,603,796. Corporate insiders own 2.00% of the company’s stock.

About Church & Dwight

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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