Daiwa Securities Group Inc. Acquires 4,665 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Daiwa Securities Group Inc. boosted its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 15.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,604 shares of the company's stock after purchasing an additional 4,665 shares during the quarter. Daiwa Securities Group Inc.'s holdings in Church & Dwight were worth $3,606,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Holocene Advisors LP purchased a new stake in shares of Church & Dwight during the third quarter valued at approximately $104,795,000. State Street Corp grew its holdings in shares of Church & Dwight by 8.0% during the third 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 last quarter. Raymond James Financial Inc. purchased a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $76,565,000. World Investment Advisors LLC purchased a new stake in shares of Church & Dwight during the third quarter valued at approximately $58,338,000. Finally, Barclays PLC grew its holdings in shares of Church & Dwight by 63.9% during the third quarter. Barclays PLC now owns 1,106,131 shares of the company's stock valued at $115,832,000 after buying an additional 431,257 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Activity at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the sale, the executive vice president now owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction dated 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 sold 65,570 shares of company stock worth $7,538,449 in the last 90 days. 2.00% of the stock is owned by corporate insiders.

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Church & Dwight Price Performance

Shares of NYSE:CHD traded up $0.28 on Monday, reaching $109.38. The company's stock had a trading volume of 1,616,140 shares, compared to its average volume of 1,383,389. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $116.46. The company has a market cap of $26.90 billion, a P/E ratio of 46.15, a PEG ratio of 3.32 and a beta of 0.57. The company has a 50-day simple moving average of $106.84 and a 200 day simple moving average of $105.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70.

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 previous year, the company posted $0.65 earnings per share. As a group, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Friday, February 14th. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio (DPR) is 49.79%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CHD. Truist Financial increased their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Royal Bank of Canada restated a "sector perform" rating and set a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Stifel Nicolaus increased 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. Piper Sandler lowered their price objective 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, Barclays increased their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $111.56.

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.