BDF Gestion Trims Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

BDF Gestion cut its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,140 shares of the company’s stock after selling 1,592 shares during the period. BDF Gestion’s holdings in Church & Dwight were worth $1,899,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CHD. Capital Performance Advisors LLP acquired a new position in Church & Dwight in the third quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new position in Church & Dwight in the 3rd quarter valued at about $28,000. Versant Capital Management Inc raised its stake in 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 acquiring an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Church & Dwight in the 2nd quarter valued at approximately $33,000. Finally, Point72 DIFC Ltd acquired a new position in shares of Church & Dwight in the second quarter valued at approximately $50,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling

In related news, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the sale, the director now owns 7,129 shares of the company’s stock, valued at $740,275.36. The trade was a 61.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were 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 approximately $1,158,361.75. The trade was a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 593,035 shares of company stock valued at $62,282,808. Company insiders own 2.00% of the company’s stock.

Church & Dwight Trading Down 0.7 %

NYSE CHD opened at $106.79 on Thursday. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The company has a 50-day moving average of $106.63 and a 200-day moving average of $104.14. The company has a market cap of $26.16 billion, a P/E ratio of 47.89, a P/E/G ratio of 3.29 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period last year, the business posted $0.74 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, equities analysts predict that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Analysts Set New Price Targets

CHD has been the topic of a number of analyst reports. TD Cowen lifted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Wells Fargo & Company lifted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Piper Sandler increased their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Barclays lifted their price objective on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a report on Friday, January 17th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and an average target price of $110.61.

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.