Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC trimmed its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 45.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,426 shares of the company's stock after selling 2,826 shares during the quarter. Frank Rimerman Advisors LLC's holdings in Church & Dwight were worth $359,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. YANKCOM Partnership purchased a new stake in shares of Church & Dwight during the fourth quarter valued at about $25,000. Versant Capital Management Inc lifted 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 purchased a new stake in shares of Church & Dwight during the fourth quarter valued at about $39,000. Bank of Jackson Hole Trust acquired a new position in shares of Church & Dwight during the fourth quarter valued at about $43,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Church & Dwight during the fourth quarter valued at about $51,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on 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 transaction, the executive vice president now owns 6,437 shares of the company's stock, valued at $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the company'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 sale, the executive vice president now directly 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 disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock valued at $7,538,449 in the last three months. 2.00% of the stock is owned by corporate insiders.

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Church & Dwight Trading Up 0.2 %

Shares of CHD traded up $0.17 during midday trading on Thursday, reaching $108.20. The company had a trading volume of 1,391,193 shares, compared to its average volume of 1,384,071. The firm has a 50 day simple moving average of $107.19 and a 200-day simple moving average of $105.83. 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 stock has a market cap of $26.61 billion, a PE ratio of 45.65, 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.

Church & Dwight (NYSE:CHD - Get Free Report) last released its 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 return on equity of 20.03% and a net margin of 9.58%. During the same period in the prior year, the company posted $0.65 earnings per share. Research analysts forecast 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. Shareholders of record on Friday, February 14th were given a $0.295 dividend. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.09%. The ex-dividend date was Friday, February 14th. Church & Dwight's payout ratio is currently 49.79%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on CHD shares. Piper Sandler cut their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. JPMorgan Chase & Co. cut their price target on shares of Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a report on Friday, February 21st. Stifel Nicolaus increased their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a report on Monday, February 3rd. Royal Bank of Canada reiterated a "sector perform" rating and issued a $105.00 price target on shares of Church & Dwight in a 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 report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Church & Dwight has an average 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.