7,514 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Bought by SRN Advisors LLC

SRN Advisors LLC purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,514 shares of the company's stock, valued at approximately $787,000.

A number of other large investors have also recently made changes to their positions in CHD. YANKCOM Partnership bought a new stake in shares of Church & Dwight in the fourth quarter worth approximately $25,000. Capital Performance Advisors LLP bought a new stake in Church & Dwight during the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC bought a new stake in Church & Dwight during the third quarter valued at approximately $28,000. Versant Capital Management Inc grew its position in Church & Dwight by 224.4% during 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 during the period. Finally, Strategic Financial Concepts LLC bought a new stake in Church & Dwight during the fourth quarter valued at approximately $39,000. 86.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CHD has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, November 4th. TD Cowen boosted their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research report on Monday, November 4th. Truist Financial boosted their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Royal Bank of Canada reissued a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Finally, Wells Fargo & Company increased their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Two 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. According to data from MarketBeat.com, Church & Dwight has a consensus rating of "Hold" and an average target price of $111.56.

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Insider Transactions at Church & Dwight

In related news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $106.11, for a total value of $1,061,100.00. Following the transaction, the director now owns 32,500 shares of the company's stock, valued at $3,448,575. This trade represents a 23.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Michael Read purchased 1,100 shares of Church & Dwight stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders sold 49,522 shares of company stock worth $5,487,555. 2.00% of the stock is currently owned by insiders.

Church & Dwight Price Performance

CHD stock traded up $1.95 during trading on Friday, hitting $111.32. 1,949,200 shares of the company's stock traded hands, compared to its average volume of 1,602,582. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $113.50. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The business has a fifty day simple moving average of $105.71 and a 200 day simple moving average of $105.00. The stock has a market capitalization of $27.38 billion, a price-to-earnings ratio of 46.97, a P/E/G ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting 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 last year, the company earned $0.65 earnings per share. As a group, research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio (DPR) is 49.79%.

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.