Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 23.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,612 shares of the company's stock after selling 3,789 shares during the quarter. Guggenheim Capital LLC's holdings in Church & Dwight were worth $1,321,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Canada Post Corp Registered Pension Plan purchased a new stake in shares of Church & Dwight in the 4th quarter worth about $4,721,000. Optimize Financial Inc acquired a new stake in shares of Church & Dwight in the fourth quarter valued at approximately $474,000. Townsquare Capital LLC grew its position in shares of Church & Dwight by 6.9% in the fourth quarter. Townsquare Capital LLC now owns 35,942 shares of the company's stock valued at $3,764,000 after purchasing an additional 2,322 shares during the last quarter. Qtron Investments LLC increased its stake in shares of Church & Dwight by 58.3% during the 4th quarter. Qtron Investments LLC now owns 9,035 shares of the company's stock worth $946,000 after purchasing an additional 3,326 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in shares of Church & Dwight by 41.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 32,674 shares of the company's stock worth $3,421,000 after purchasing an additional 9,533 shares during the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CHD has been the topic of a number of recent research reports. Truist Financial upped their target price 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. UBS Group raised their target price on shares of Church & Dwight from $109.00 to $110.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. Stifel Nicolaus boosted their price target on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Barclays decreased their price objective on Church & Dwight from $97.00 to $94.00 and set an "underweight" rating on the stock in a report on Friday, April 11th. Finally, Wells Fargo & Company upped their target price on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research note on Wednesday, April 2nd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $112.13.

Church & Dwight Stock Down 1.1 %

CHD traded down $1.11 during trading hours on Friday, reaching $99.10. 2,777,225 shares of the stock traded hands, compared to its average volume of 1,543,295. 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 firm's fifty day simple moving average is $106.84 and its two-hundred day simple moving average is $106.10. The company has a market cap of $24.39 billion, a price-to-earnings ratio of 41.81, a PEG ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week 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, hitting 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 prior year, the company posted $0.65 earnings per share. As a group, analysts forecast 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 declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders 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 dividend yield of 1.19%. Church & Dwight's payout ratio is 49.79%.

Insider Activity at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction on 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 transaction, the executive vice president now owns 6,437 shares of the company's stock, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction 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 $1,217,442.06. The trade was a 83.85 % decrease in their position. 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 quarter. 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.