Mitsubishi UFJ Asset Management Co. Ltd. Raises Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 9.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 442,126 shares of the company's stock after acquiring an additional 37,355 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.18% of Church & Dwight worth $46,264,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. YANKCOM Partnership purchased a new position in shares of Church & Dwight during the 4th quarter valued at approximately $25,000. Versant Capital Management Inc increased its holdings in Church & Dwight by 224.4% in 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 in the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight in the fourth quarter worth about $39,000. Bank of Jackson Hole Trust purchased a new stake in shares of Church & Dwight during the 4th quarter worth about $43,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Church & Dwight during the 4th quarter valued at about $51,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Church & Dwight

In related news, EVP Rene Hemsey sold 11,060 shares of the firm's stock in a transaction dated 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 sale, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. This trade represents a 63.21 % 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 Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction dated 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock worth $7,538,449 in the last quarter. Company insiders own 2.00% of the company's stock.

Church & Dwight Price Performance

NYSE CHD traded up $3.34 during trading hours on Thursday, hitting $111.66. 1,145,565 shares of the company's stock traded hands, compared to its average volume of 1,602,771. The company has a market capitalization of $27.48 billion, a PE ratio of 47.11, a PEG ratio of 3.32 and a beta of 0.57. 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 Co., Inc. has a 52-week low of $96.35 and a 52-week high of $116.46. The firm's 50-day moving average is $107.81 and its 200-day moving average is $106.05.

Church & Dwight (NYSE:CHD - Get Free Report) last issued 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 return on equity of 20.03% and a net margin of 9.58%. During the same quarter in the previous year, the company posted $0.65 EPS. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a $0.295 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.06%. Church & Dwight's dividend payout ratio (DPR) is 49.79%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CHD shares. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Barclays upped their target price on Church & Dwight from $93.00 to $97.00 and gave the stock an "underweight" rating in a research note on Thursday, March 27th. Piper Sandler dropped their price target on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. Truist Financial upped their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Finally, Stifel Nicolaus increased their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $112.13.

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.