Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 81.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,975 shares of the company's stock after selling 273,649 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Church & Dwight were worth $6,489,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of CHD. Empowered Funds LLC raised its position in Church & Dwight by 2.8% in the third quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock worth $382,000 after acquiring an additional 99 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of Church & Dwight by 0.3% in the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock worth $3,358,000 after buying an additional 104 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of Church & Dwight by 3.3% during the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock worth $353,000 after purchasing an additional 107 shares in the last quarter. Citizens Financial Group Inc. RI increased its position in shares of Church & Dwight by 2.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company's stock valued at $577,000 after purchasing an additional 113 shares during the last quarter. Finally, Gateway Advisory LLC boosted its stake in shares of Church & Dwight by 4.4% in the 2nd quarter. Gateway Advisory LLC now owns 2,855 shares of the company's stock valued at $296,000 after purchasing an additional 120 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Church & Dwight Stock Up 0.1 %

Shares of NYSE CHD traded up $0.15 during midday trading on Monday, reaching $106.42. 1,712,775 shares of the company's stock traded hands, compared to its average volume of 1,135,106. The stock's 50 day simple moving average is $106.86 and its 200-day simple moving average is $104.04. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. Church & Dwight Co., Inc. has a one year low of $96.09 and a one year high of $113.50. The company has a market cap of $26.07 billion, a price-to-earnings ratio of 47.72, a P/E/G ratio of 3.12 and a beta of 0.58.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the previous year, the business posted $0.74 EPS. The business's revenue was up 3.8% compared to the same quarter last year. On average, analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight's payout ratio is 50.67%.

Analyst Upgrades and Downgrades

CHD has been the subject of a number of research reports. Wells Fargo & Company increased their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Piper Sandler upped their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the company an "overweight" rating in a research report on Monday, January 6th. Stifel Nicolaus cut their price target on Church & Dwight from $105.00 to $103.00 and set a "hold" rating for the company in a report on Friday. Barclays upped their target price on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an "underweight" rating in a report on Friday. Finally, TD Cowen upped their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and an average target price of $110.61.

Insiders Place Their Bets

In related news, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the transaction, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,613,438.57. The trade was a 59.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 transaction of $4,426,240.00. Following the sale, the executive vice president now owns 4,973 shares in the company, valued at $556,976. The trade was a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 593,035 shares of company stock valued at $62,282,808 in the last three months. 1.40% of the stock is currently owned by insiders.

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.