3,361 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Bought by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC acquired a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,361 shares of the company's stock, valued at approximately $352,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. YANKCOM Partnership acquired a new position in shares of Church & Dwight during the fourth quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new stake in Church & Dwight in the third quarter worth approximately $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight in the third quarter worth approximately $28,000. Versant Capital Management Inc lifted its position in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after purchasing an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in Church & Dwight in the fourth quarter worth approximately $39,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upped their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Barclays upped their target price on Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 4th. Stifel Nicolaus upped their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. dropped their price target on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a report on Friday. Two analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $111.47.

Insider Activity

In related news, EVP Rick Spann sold 39,520 shares of the company's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the completion of the sale, the executive vice president now directly owns 4,973 shares in the company, valued at approximately $556,976. This represents a 88.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Michael Read acquired 1,100 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The stock was 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 directly owns 2,505 shares of the company's stock, valued at $267,584.10. This represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 49,522 shares of company stock worth $5,487,555 in the last ninety days. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Stock Up 0.7 %

NYSE:CHD traded up $0.78 during trading hours on Friday, hitting $105.21. 850,500 shares of the stock traded hands, compared to its average volume of 1,539,855. The firm has a 50 day moving average price of $105.36 and a 200 day moving average price of $104.66. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $113.50. The firm has a market cap of $25.88 billion, a price-to-earnings ratio of 44.37, a PEG ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the prior year, the company posted $0.65 EPS. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.295 per share. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Friday, February 14th. Church & Dwight's payout ratio is currently 49.79%.

About Church & Dwight

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.