PFG Advisors Sells 189 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

PFG Advisors trimmed its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,337 shares of the company’s stock after selling 189 shares during the period. PFG Advisors’ holdings in Church & Dwight were worth $3,177,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in CHD. CWA Asset Management Group LLC bought a new position in shares of Church & Dwight in the third quarter valued at $241,000. Covestor Ltd lifted its stake in shares of Church & Dwight by 62.0% in the third quarter. Covestor Ltd now owns 682 shares of the company’s stock valued at $71,000 after buying an additional 261 shares in the last quarter. Axxcess Wealth Management LLC lifted its stake in shares of Church & Dwight by 3.0% in the third quarter. Axxcess Wealth Management LLC now owns 10,022 shares of the company’s stock valued at $1,049,000 after buying an additional 293 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of Church & Dwight by 4.0% in the third quarter. Crossmark Global Holdings Inc. now owns 11,336 shares of the company’s stock valued at $1,187,000 after buying an additional 431 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight in the third quarter valued at $28,000. 86.60% of the stock is owned by institutional investors.

Church & Dwight Stock Performance

NYSE CHD opened at $109.04 on Thursday. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $116.46. The company has a 50-day simple moving average of $106.64 and a 200 day simple moving average of $105.57. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The company has a market capitalization of $26.82 billion, a PE ratio of 46.01, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting analysts’ consensus estimates 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 firm earned $0.65 earnings per share. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is currently 49.79%.

Insiders Place Their Bets

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the transaction, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the transaction, the director now owns 32,500 shares of the company’s stock, valued at $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 sold 64,510 shares of company stock worth $7,383,170 over the last quarter. 1.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Piper Sandler lowered their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Barclays increased their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. lowered their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a report on Friday, February 21st. Finally, Stifel Nicolaus increased their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $111.56.

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.