Mirae Asset Global Investments Co. Ltd. Boosts Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 29.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,662 shares of the company's stock after purchasing an additional 7,913 shares during the period. Mirae Asset Global Investments Co. Ltd.'s holdings in Church & Dwight were worth $3,665,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Diversified Trust Co acquired a new stake in shares of Church & Dwight in the 3rd quarter worth about $278,000. Wedmont Private Capital raised its holdings in shares of Church & Dwight by 9.7% in the 3rd quarter. Wedmont Private Capital now owns 4,514 shares of the company's stock worth $447,000 after acquiring an additional 401 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in shares of Church & Dwight by 276.2% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,577 shares of the company's stock worth $270,000 after acquiring an additional 1,892 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Church & Dwight by 88.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 12,072 shares of the company's stock worth $1,264,000 after acquiring an additional 5,659 shares during the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in shares of Church & Dwight by 5.2% in the 3rd quarter. Koshinski Asset Management Inc. now owns 8,309 shares of the company's stock worth $870,000 after acquiring an additional 407 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Insider Buying and Selling

In related news, EVP Maynadier Patrick D. De sold 45,120 shares of the firm's stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares of the company's stock, valued at approximately $1,158,361.75. This trade represents a 81.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the transaction, the director now directly owns 32,500 shares of the company's stock, valued at approximately $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 102,422 shares of company stock valued at $11,424,351. Company insiders own 2.00% of the company's stock.

Church & Dwight Stock Performance

Shares of Church & Dwight stock traded up $1.10 on Wednesday, reaching $105.98. 1,438,186 shares of the company traded hands, compared to its average volume of 1,590,007. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50. The company has a 50 day moving average of $105.63 and a 200 day moving average of $104.45. The firm has a market capitalization of $25.97 billion, a PE ratio of 44.72, a PEG ratio of 3.35 and a beta of 0.59. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24.

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 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 quarter in the prior year, the company posted $0.65 earnings per share. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.295 dividend. The ex-dividend date of this dividend is Friday, February 14th. 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 1.11%. Church & Dwight's dividend payout ratio (DPR) is 47.68%.

Wall Street Analyst Weigh In

CHD has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an "underweight" rating in a report on Thursday, January 16th. Stifel Nicolaus upped their target price 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. TD Cowen upped their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Wells Fargo & Company upped their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. Finally, Piper Sandler reduced their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company 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 eight have given a buy rating to the company. According to MarketBeat, Church & Dwight has an average rating of "Hold" and an average target price of $111.53.

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.