Norinchukin Bank The Sells 7,449 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Norinchukin Bank The lessened its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 260,504 shares of the company's stock after selling 7,449 shares during the quarter. Norinchukin Bank The owned 0.11% of Church & Dwight worth $27,277,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Church & Dwight by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 30,691,064 shares of the company's stock worth $3,213,661,000 after acquiring an additional 193,602 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Church & Dwight by 19.4% in the fourth quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock valued at $768,157,000 after purchasing an additional 1,190,154 shares in the last quarter. Geode Capital Management LLC raised its position in Church & Dwight by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 5,915,390 shares of the company's stock worth $617,794,000 after purchasing an additional 148,234 shares during the last quarter. Norges Bank bought a new position in Church & Dwight in the 4th quarter worth approximately $318,532,000. Finally, Invesco Ltd. boosted its position in Church & Dwight by 11.4% in the 4th quarter. Invesco Ltd. now owns 2,921,247 shares of the company's stock valued at $305,884,000 after buying an additional 298,848 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Insider Buying and Selling at Church & Dwight

In other news, 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 sale, the executive vice president now directly owns 6,437 shares of the company's stock, valued at approximately $707,941.26. This represents a 63.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the transaction, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 65,570 shares of company stock worth $7,538,449. Insiders own 2.00% of the company's stock.

Church & Dwight Stock Down 1.8 %

CHD traded down $1.85 during trading on Thursday, hitting $100.28. The company had a trading volume of 1,278,490 shares, compared to its average volume of 1,528,023. The firm's 50-day moving average price is $107.04 and its 200 day moving average price is $106.10. The company has a market capitalization of $24.68 billion, a PE ratio of 42.29, a PEG ratio of 3.32 and a beta of 0.55. 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 Co., Inc. has a one year low of $96.35 and a one year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data 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 earned $0.65 earnings per share. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

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

Analyst Ratings Changes

A number of research firms have recently weighed in on CHD. Stifel Nicolaus boosted their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. UBS Group raised their target price on shares of Church & Dwight from $109.00 to $110.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Piper Sandler cut their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. JPMorgan Chase & Co. lowered their target price on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a report on Friday, April 11th. Finally, Barclays cut their price target on Church & Dwight from $97.00 to $94.00 and set an "underweight" rating on the stock in a research note on Friday, April 11th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus 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.