Bridgewater Associates LP Has $4.62 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Bridgewater Associates LP lessened its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 45.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,144 shares of the company's stock after selling 36,680 shares during the period. Bridgewater Associates LP's holdings in Church & Dwight were worth $4,622,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. YANKCOM Partnership acquired a new stake in Church & Dwight in the 4th quarter worth $25,000. Versant Capital Management Inc raised its position in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after buying an additional 184 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight during the fourth quarter valued at about $39,000. Bernard Wealth Management Corp. acquired a new position in shares of Church & Dwight during the fourth quarter valued at about $40,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of Church & Dwight during the fourth quarter valued at about $43,000. Institutional investors own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

CHD has been the subject of a number of research analyst reports. Bank of America raised shares of Church & Dwight from a "neutral" rating to a "buy" rating and upped their price objective for the company from $112.00 to $125.00 in a research report on Tuesday, April 15th. Stifel Nicolaus upped their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. cut their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research report on Friday, April 11th. Piper Sandler dropped their price target on shares of 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, Barclays dropped their price target on shares of Church & Dwight from $97.00 to $94.00 and set an "underweight" rating for the company in a research report on Friday, April 11th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $112.59.

Church & Dwight Stock Down 2.4 %

CHD traded down $2.51 on Wednesday, hitting $101.34. 788,473 shares of the company were exchanged, compared to its average volume of 1,692,987. 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 stock's fifty day moving average is $107.10 and its 200-day moving average is $106.13. The company has a market cap of $24.94 billion, a PE ratio of 42.76, a PEG ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data 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 return on equity of 20.03% and a net margin of 9.58%. During the same period last year, the business earned $0.65 EPS. Equities research 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 disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a $0.295 dividend. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.16%. Church & Dwight's dividend payout ratio is currently 49.79%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the 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 transaction, the executive vice president now owns 10,497 shares in the company, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the transaction, the executive vice president now owns 6,437 shares in the company, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 65,570 shares of company stock worth $7,538,449 over the last 90 days. Company insiders own 2.00% of the company's stock.

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.