Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC lifted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 7.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,258 shares of the company's stock after purchasing an additional 4,572 shares during the period. Level Four Advisory Services LLC's holdings in Church & Dwight were worth $7,252,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CHD. YANKCOM Partnership purchased a new position in Church & Dwight during the fourth quarter worth about $25,000. Versant Capital Management Inc raised its position in shares of Church & Dwight by 224.4% during the 4th 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 period. Bank of Jackson Hole Trust acquired a new position in Church & Dwight in the fourth quarter valued at approximately $43,000. Golden State Wealth Management LLC acquired a new position in Church & Dwight in the fourth quarter valued at approximately $51,000. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in Church & Dwight by 50.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 575 shares of the company's stock worth $60,000 after acquiring an additional 193 shares during the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction dated 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 owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Rene Hemsey sold 11,060 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the sale, the executive vice president now directly owns 6,437 shares of the company's stock, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 65,570 shares of company stock valued at $7,538,449. 2.00% of the stock is owned by corporate insiders.

Remove Ads

Wall Street Analyst Weigh In

CHD has been the topic of several recent analyst reports. Stifel Nicolaus upped their price target on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research note on Monday, February 3rd. Truist Financial increased their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. reduced their price target on shares of Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a research note on Friday, February 21st. Barclays increased their price objective on shares of Church & Dwight from $93.00 to $97.00 and gave the stock an "underweight" rating in a research report on Thursday. Finally, Piper Sandler cut their target price on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Two equities 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 company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $111.81.

Church & Dwight Stock Up 0.8 %

NYSE:CHD traded up $0.90 during mid-day trading on Monday, hitting $110.01. The stock had a trading volume of 2,102,836 shares, compared to its average volume of 1,468,777. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The stock has a 50-day simple moving average of $107.65 and a two-hundred day simple moving average of $105.95. 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 company has a market capitalization of $27.08 billion, a PE ratio of 46.42, a PEG ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) 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 quarter in the previous year, the company posted $0.65 earnings per share. On average, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a $0.295 dividend. 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 1.07%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's dividend payout ratio is currently 49.79%.

About Church & Dwight

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.