AMI Asset Management Corp Decreases Position in Church & Dwight Co., Inc. (NYSE:CHD)

AMI Asset Management Corp trimmed its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 550,121 shares of the company's stock after selling 11,472 shares during the period. Church & Dwight accounts for about 3.1% of AMI Asset Management Corp's holdings, making the stock its 11th biggest holding. AMI Asset Management Corp owned 0.22% of Church & Dwight worth $57,603,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of CHD. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight in the 3rd quarter worth $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight during the third quarter worth about $28,000. Versant Capital Management Inc raised its stake in Church & Dwight by 224.4% during 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. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight in the 2nd quarter valued at about $33,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Church & Dwight in the 2nd quarter valued at approximately $46,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Michael Read bought 1,100 shares of Church & Dwight stock in a transaction on Monday, December 16th. The stock was bought 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 $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew Farrell sold 165,823 shares of the company's stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the transaction, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,613,438.57. This trade represents a 59.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 593,035 shares of company stock worth $62,282,808. 1.40% of the stock is currently owned by insiders.

Church & Dwight Stock Up 0.2 %

Shares of CHD traded up $0.19 during midday trading on Tuesday, reaching $106.66. The stock had a trading volume of 1,229,679 shares, compared to its average volume of 1,537,311. The company's fifty day simple moving average is $106.84 and its two-hundred day simple moving average is $104.04. The company has a market cap of $26.13 billion, a price-to-earnings ratio of 47.83, a PEG ratio of 3.28 and a beta of 0.58. Church & Dwight Co., Inc. has a 1-year low of $96.09 and a 1-year 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.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. 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 firm posted $0.74 EPS. Church & Dwight's revenue for the quarter was up 3.8% on a year-over-year basis. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. Church & Dwight's payout ratio is 50.67%.

Analyst Ratings Changes

CHD has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, November 4th. Stifel Nicolaus reduced their target price on Church & Dwight from $105.00 to $103.00 and set a "hold" rating on the stock in a research report on Friday. Piper Sandler increased their price target on Church & Dwight from $124.00 to $128.00 and gave the stock an "overweight" rating in a report on Monday, January 6th. Barclays boosted their price objective on shares of Church & Dwight from $85.00 to $90.00 and gave the company an "underweight" rating in a report on Friday. Finally, TD Cowen increased their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target 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.