C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Makes New $4.95 Million Investment in Church & Dwight Co., Inc. (NYSE:CHD)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 47,266 shares of the company's stock, valued at approximately $4,949,000.

Several other hedge funds have also bought and sold shares of the stock. Empowered Funds LLC lifted its stake in Church & Dwight by 2.8% in the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock worth $382,000 after purchasing an additional 99 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in Church & Dwight by 0.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock worth $3,358,000 after purchasing an additional 104 shares in the last quarter. HCR Wealth Advisors raised its position in shares of Church & Dwight by 0.9% during the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock valued at $1,231,000 after buying an additional 106 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of Church & Dwight by 3.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock valued at $353,000 after buying an additional 107 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its position in shares of Church & Dwight by 0.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock valued at $1,270,000 after buying an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CHD. Piper Sandler decreased their target price on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. 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. Stifel Nicolaus upped their target price 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. TD Cowen upped their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a research report on Friday. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, Church & Dwight has a consensus rating of "Hold" and a consensus target price of $111.47.

Church & Dwight Trading Up 0.9 %

CHD stock traded up $0.97 during mid-day trading on Friday, reaching $105.40. The company had a trading volume of 1,978,485 shares, compared to its average volume of 1,573,864. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company has a market capitalization of $25.93 billion, a PE ratio of 44.47, a price-to-earnings-growth ratio of 3.32 and a beta of 0.59. The firm has a 50 day moving average of $105.36 and a 200 day moving average of $104.66. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $113.50.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS 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 in the prior year, the business earned $0.65 earnings per share. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $0.295 dividend. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.12%. Church & Dwight's payout ratio is 49.79%.

Insider Buying and Selling

In other Church & Dwight news, EVP Rick Spann sold 39,520 shares of the business's 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company's stock in a transaction 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 directly owns 32,500 shares in the company, valued at $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,522 shares of company stock valued at $5,487,555 over the last 90 days. Corporate insiders own 2.00% of the company's stock.

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.