Impact Investors Inc Takes $592,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

Impact Investors Inc bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,651 shares of the company's stock, valued at approximately $592,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lake Street Advisors Group LLC lifted its position in Church & Dwight by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock worth $282,000 after buying an additional 97 shares during the last quarter. Empowered Funds LLC lifted its position in Church & Dwight by 2.8% in the third quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock worth $382,000 after buying an additional 99 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in Church & Dwight by 0.3% in the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock worth $3,358,000 after buying an additional 104 shares during the last quarter. HCR Wealth Advisors lifted its position in Church & Dwight by 0.9% in the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock worth $1,231,000 after buying an additional 106 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in Church & Dwight by 3.3% in the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock worth $353,000 after buying an additional 107 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Stock Up 1.8 %

Shares of CHD stock traded up $1.95 during trading hours on Friday, reaching $111.32. 1,949,200 shares of the company's stock were exchanged, compared to its average volume of 1,602,582. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $113.50. The stock has a market cap of $27.38 billion, a PE ratio of 46.97, a PEG ratio of 3.32 and a beta of 0.59. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The stock's fifty day moving average price is $105.71 and its two-hundred day moving average price is $104.97.

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Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting analysts' consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period last year, the company earned $0.65 EPS. Research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.295 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.06%. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio is currently 49.79%.

Insider Activity at Church & Dwight

In related news, EVP Michael Read acquired 1,100 shares of the stock in a transaction on Monday, December 16th. The shares were acquired at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the transaction, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rick Spann sold 39,520 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total value of $4,426,240.00. Following the completion of the sale, the executive vice president now owns 4,973 shares in the company, valued at approximately $556,976. This represents a 88.82 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 49,522 shares of company stock worth $5,487,555 over the last quarter. Insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CHD. Wells Fargo & Company raised their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. Stifel Nicolaus raised their price target on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. decreased their target price on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating for the company in a research report on Friday, February 21st. Deutsche Bank Aktiengesellschaft lifted their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Finally, Barclays lifted their target price on Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $111.47.

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, 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.