BOK Financial Private Wealth Inc. Sells 2,455 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

BOK Financial Private Wealth Inc. cut its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 9.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,311 shares of the company's stock after selling 2,455 shares during the period. BOK Financial Private Wealth Inc.'s holdings in Church & Dwight were worth $2,546,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State Street Corp increased its holdings in Church & Dwight by 8.0% in the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company's stock valued at $1,373,542,000 after buying an additional 969,006 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Church & Dwight by 5.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company's stock worth $839,472,000 after buying an additional 429,863 shares in the last quarter. Stifel Financial Corp boosted its stake in Church & Dwight by 0.5% in the third quarter. Stifel Financial Corp now owns 4,295,527 shares of the company's stock worth $449,830,000 after purchasing an additional 21,607 shares in the last quarter. Amundi grew its holdings in shares of Church & Dwight by 13.7% during the fourth quarter. Amundi now owns 1,833,603 shares of the company's stock worth $188,073,000 after purchasing an additional 220,829 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Church & Dwight by 3.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,448,584 shares of the company's stock valued at $151,681,000 after buying an additional 49,082 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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Church & Dwight Stock Up 0.4 %

CHD stock traded up $0.48 during mid-day trading on Thursday, hitting $109.51. 2,196,851 shares of the company were exchanged, compared to its average volume of 1,631,140. The firm has a market cap of $26.94 billion, a P/E ratio of 46.21, a P/E/G ratio of 3.32 and a beta of 0.57. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The firm's 50 day simple moving average is $106.64 and its 200 day simple moving average is $105.57.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 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 period in the previous year, the company posted $0.65 EPS. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid 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 1.08%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's dividend payout ratio (DPR) is currently 49.79%.

Insider Activity

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the company's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares in the company, valued at $1,217,442.06. This represents a 83.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Rene Hemsey sold 11,060 shares of the 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 completion of the sale, the executive vice president now owns 6,437 shares of the company's stock, valued at approximately $707,941.26. This represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 75,570 shares of company stock worth $8,599,549 over the last ninety days. Insiders own 1.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CHD shares. Truist Financial upped their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Stifel Nicolaus boosted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. Barclays increased their price objective on Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a research report on Tuesday, February 4th. Piper Sandler dropped their target price on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. Finally, Royal Bank of Canada restated 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 research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $111.56.

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.