Mutual of America Capital Management LLC Sells 9,175 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Mutual of America Capital Management LLC reduced its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 23.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,309 shares of the company's stock after selling 9,175 shares during the quarter. Mutual of America Capital Management LLC's holdings in Church & Dwight were worth $3,069,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Holocene Advisors LP purchased a new position in shares of Church & Dwight in the 3rd quarter worth about $104,795,000. State Street Corp boosted its holdings in Church & Dwight by 8.0% during the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company's stock valued at $1,373,542,000 after acquiring an additional 969,006 shares during the period. World Investment Advisors LLC purchased a new stake in Church & Dwight during the 3rd quarter valued at about $58,338,000. Barclays PLC boosted its holdings in Church & Dwight by 63.9% during the 3rd quarter. Barclays PLC now owns 1,106,131 shares of the company's stock valued at $115,832,000 after acquiring an additional 431,257 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Church & Dwight by 5.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company's stock valued at $839,472,000 after acquiring an additional 429,863 shares during the period. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Michael Read purchased 1,100 shares of the firm's stock in a transaction dated Monday, December 16th. The stock was purchased at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares of the company's stock, valued at $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business's stock in a transaction on Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the completion of the transaction, the director now owns 32,500 shares of the company's stock, valued at $3,448,575. This represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,002 shares of company stock worth $1,061,315. 2.00% of the stock is owned by insiders.

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Church & Dwight Stock Up 1.4 %

Shares of NYSE:CHD traded up $1.59 during trading on Friday, hitting $112.48. The stock had a trading volume of 1,696,802 shares, compared to its average volume of 1,608,850. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $114.60. The company has a market capitalization of $27.67 billion, a PE ratio of 47.46, a PEG ratio of 3.32 and a beta of 0.57. The firm's fifty day moving average is $106.23 and its 200 day moving average is $105.40. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (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 quarter in the previous year, the business earned $0.65 earnings per share. Analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a dividend of $0.295 per share. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.05%. Church & Dwight's payout ratio is presently 49.79%.

Analyst Upgrades and Downgrades

CHD has been the subject of several analyst reports. JPMorgan Chase & Co. dropped their target price on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating for the company in a report on Friday, February 21st. Barclays increased their target price on Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a report on Tuesday, February 4th. Stifel Nicolaus increased their target price on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Royal Bank of Canada reiterated a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a report on Monday, February 3rd. Finally, Piper Sandler dropped their price objective on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. Two 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's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $111.56.

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, 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.