Qtron Investments LLC Has $946,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

Qtron Investments LLC grew its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 58.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,035 shares of the company's stock after acquiring an additional 3,326 shares during the period. Qtron Investments LLC's holdings in Church & Dwight were worth $946,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of 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 purchasing an additional 193,602 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Church & Dwight by 19.4% during the fourth quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock worth $768,157,000 after purchasing an additional 1,190,154 shares during the period. Geode Capital Management LLC increased its position in Church & Dwight by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,915,390 shares of the company's stock worth $617,794,000 after buying an additional 148,234 shares during the last quarter. Norges Bank bought a new stake in Church & Dwight in the fourth quarter valued at approximately $318,532,000. Finally, Invesco Ltd. lifted its position in shares of Church & Dwight by 11.4% in the fourth 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.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CHD shares. JPMorgan Chase & Co. dropped their price target on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a research note on Friday, April 11th. Wells Fargo & Company raised their target price on shares of Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 2nd. UBS Group increased their price target on shares of Church & Dwight from $109.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday. Piper Sandler decreased 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. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $112.59.

Church & Dwight Price Performance

Shares of CHD traded up $2.36 during mid-day trading on Friday, reaching $105.32. The company had a trading volume of 1,703,949 shares, compared to its average volume of 1,511,580. The company's 50 day simple moving average is $107.22 and its 200 day simple moving average is $106.07. The company has a market capitalization of $25.92 billion, a price-to-earnings ratio of 44.44, a P/E/G ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results 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 prior year, the firm earned $0.65 earnings per share. Analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.12%. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's payout ratio is presently 49.79%.

Insider Activity

In related news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the transaction, the executive vice president now directly owns 6,437 shares of the company's stock, valued at $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 10,497 shares of the company's stock, valued at $1,217,442.06. This represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 65,570 shares of company stock valued at $7,538,449. Insiders own 1.20% of the company's stock.

Church & Dwight 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 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.