one8zero8 LLC Invests $1.80 Million in Church & Dwight Co., Inc. (NYSE:CHD)

one8zero8 LLC acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 17,175 shares of the company's stock, valued at approximately $1,798,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Lake Street Advisors Group LLC increased its stake in shares of Church & Dwight by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock valued at $282,000 after buying an additional 97 shares during the period. Empowered Funds LLC boosted its holdings in shares of Church & Dwight by 2.8% during the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock worth $382,000 after buying an additional 99 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Church & Dwight by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock worth $2,199,000 after purchasing an additional 103 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of Church & Dwight by 0.3% during the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock worth $3,358,000 after purchasing an additional 104 shares during the period. Finally, HCR Wealth Advisors raised its position in Church & Dwight by 0.9% in the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock valued at $1,231,000 after buying an additional 106 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

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Insiders Place Their Bets

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the sale, the executive vice president now owns 10,497 shares of the company's stock, valued at $1,217,442.06. The trade was a 83.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now directly owns 6,437 shares of the company's stock, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 over the last three months. Company insiders own 2.00% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CHD shares. Truist Financial increased their price target on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Barclays raised their target price on Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. decreased their target price on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating for the company in a research report on Friday, February 21st. Stifel Nicolaus raised their target price on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research report on Monday, February 3rd. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Church & Dwight has a consensus rating of "Hold" and an average target price of $111.56.

Church & Dwight Price Performance

Church & Dwight stock traded up $0.17 during midday trading on Thursday, reaching $108.20. 1,391,201 shares of the stock were exchanged, compared to its average volume of 1,384,071. 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 52 week low of $96.35 and a 52 week high of $116.46. The firm has a market cap of $26.61 billion, a PE ratio of 45.65, a PEG ratio of 3.32 and a beta of 0.57. The company's fifty day moving average is $107.19 and its 200-day moving average is $105.83.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data 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 net margin of 9.58% and a return on equity of 20.03%. During the same period in the previous year, the business posted $0.65 earnings per share. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a $0.295 dividend. 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. This represents a $1.18 annualized dividend and a yield of 1.09%. Church & Dwight's dividend payout ratio (DPR) is 49.79%.

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.