Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Bfsg LLC

Bfsg LLC reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 6.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 106,950 shares of the company's stock after selling 7,615 shares during the period. Church & Dwight makes up approximately 1.3% of Bfsg LLC's portfolio, making the stock its 11th biggest holding. Bfsg LLC's holdings in Church & Dwight were worth $11,199,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CHD. YANKCOM Partnership acquired a new stake in Church & Dwight during the 4th quarter worth about $25,000. Capital Performance Advisors LLP acquired a new stake in Church & Dwight during the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight during the 3rd quarter worth about $28,000. Versant Capital Management Inc grew its position in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after acquiring an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of Church & Dwight during the 4th quarter valued at about $39,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Rick Spann sold 39,520 shares of Church & Dwight stock in a transaction that occurred on Monday, December 2nd. The shares were 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 of the company's stock, valued at approximately $556,976. The trade was a 88.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight 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 sale, 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 49,522 shares of company stock valued at $5,487,555. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Price Performance

CHD traded up $0.97 during trading on Friday, reaching $105.40. The company's stock had a trading volume of 1,978,485 shares, compared to its average volume of 1,573,864. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The firm has a fifty day simple moving average of $105.36 and a two-hundred day simple moving average of $104.66. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $113.50. The company has a market cap of $25.93 billion, a price-to-earnings ratio of 44.47, a PEG ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD - Get Free Report) last released 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 period last year, the business posted $0.65 EPS. As a group, analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

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

Analysts Set New Price Targets

A number of research firms have recently commented on CHD. TD Cowen raised their target price on Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research report on Monday, November 4th. 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. dropped their target price on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a research report on Friday. 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, Piper Sandler dropped their target price on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $111.47.

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.