Commonwealth Equity Services LLC Buys 4,176 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Commonwealth Equity Services LLC increased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 5.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 75,596 shares of the company's stock after acquiring an additional 4,176 shares during the period. Commonwealth Equity Services LLC's holdings in Church & Dwight were worth $7,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of CHD. Board of the Pension Protection Fund purchased a new position in shares of Church & Dwight during the fourth quarter worth about $639,000. Oddo BHF Asset Management Sas bought a new stake in Church & Dwight during the third quarter valued at approximately $5,934,000. Citigroup Inc. grew its stake in Church & Dwight by 9.1% in the 3rd quarter. Citigroup Inc. now owns 337,738 shares of the company's stock worth $35,368,000 after buying an additional 28,129 shares in the last quarter. Financial Enhancement Group LLC increased its holdings in shares of Church & Dwight by 456.2% in the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company's stock worth $6,232,000 after buying an additional 49,693 shares during the last quarter. Finally, Merit Financial Group LLC raised its position in shares of Church & Dwight by 131.0% during the 4th quarter. Merit Financial Group LLC now owns 5,769 shares of the company's stock valued at $604,000 after buying an additional 3,272 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Trading Down 0.2 %

Shares of Church & Dwight stock traded down $0.17 during trading on Monday, reaching $106.98. 1,424,370 shares of the stock were exchanged, compared to its average volume of 1,392,392. 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 market cap of $26.31 billion, a price-to-earnings ratio of 45.14, a price-to-earnings-growth 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 stock's fifty day moving average is $107.42 and its 200 day moving average is $105.88.

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Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share 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 earned $0.65 EPS. As a group, equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a $0.295 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.10%. Church & Dwight's dividend payout ratio (DPR) is 49.79%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president now owns 10,497 shares of the company's stock, 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 filing with the SEC, which can be accessed through this link. Also, EVP Rene Hemsey sold 11,060 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was 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 directly owns 6,437 shares in the company, valued at $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 65,570 shares of company stock valued at $7,538,449. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of Church & Dwight from $107.00 to $106.00 and set an "underweight" rating for the company in a research report on Friday, February 21st. Barclays upped their price objective on Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a report on Tuesday, February 4th. Stifel Nicolaus boosted their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. Piper Sandler reduced their price target 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. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Church & Dwight has an average rating of "Hold" and an average target price of $111.56.

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.