Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC reduced its position in Church & Dwight Co., Inc. (NYSE:CHD) by 40.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,617 shares of the company’s stock after selling 33,531 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Church & Dwight were worth $5,195,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of CHD. YANKCOM Partnership acquired a new position in shares of Church & Dwight in the fourth quarter valued at approximately $25,000. Capital Performance Advisors LLP purchased a new stake in shares of Church & Dwight during the third quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Church & Dwight during the third quarter worth $28,000. Versant Capital Management Inc boosted its holdings in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new position in Church & Dwight in the fourth quarter valued at $39,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Church & Dwight

In related news, EVP Michael Read bought 1,100 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total value of $4,426,240.00. Following the sale, the executive vice president now owns 4,973 shares of the company’s stock, valued at $556,976. This trade represents a 88.82 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 49,522 shares of company stock worth $5,487,555. 2.00% of the stock is owned by company insiders.

Church & Dwight Stock Down 1.8 %

Church & Dwight stock opened at $108.63 on Thursday. The stock has a 50-day simple moving average of $105.54 and a 200-day simple moving average of $104.86. The company has a market capitalization of $26.72 billion, a P/E ratio of 45.84, a PEG ratio of 3.32 and a beta of 0.59. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $113.50.

Church & Dwight (NYSE:CHD) last posted 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 return on equity of 20.03% and a net margin of 9.58%. During the same period in the prior year, the company earned $0.65 earnings per share. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.295 per share. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CHD shares. Stifel Nicolaus increased their price target on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Truist Financial raised their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. Finally, Wells Fargo & Company lifted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $111.47.

Church & Dwight Company 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.