Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Stifel Financial Corp

Stifel Financial Corp raised its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,316,414 shares of the company's stock after acquiring an additional 20,887 shares during the period. Stifel Financial Corp owned 1.76% of Church & Dwight worth $451,975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in CHD. TD Waterhouse Canada Inc. raised its stake in Church & Dwight by 3.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 36,395 shares of the company's stock valued at $3,812,000 after acquiring an additional 1,051 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in Church & Dwight by 178.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 22,609 shares of the company's stock worth $2,367,000 after purchasing an additional 14,503 shares during the last quarter. Mirabella Financial Services LLP boosted its position in shares of Church & Dwight by 328.5% in the 4th quarter. Mirabella Financial Services LLP now owns 13,433 shares of the company's stock worth $1,406,000 after buying an additional 10,298 shares in the last quarter. MetLife Investment Management LLC raised its position in shares of Church & Dwight by 1.9% during the 4th quarter. MetLife Investment Management LLC now owns 64,825 shares of the company's stock worth $6,788,000 after purchasing an additional 1,187 shares during the last quarter. Finally, Natixis raised its holdings in shares of Church & Dwight by 380.4% in the fourth quarter. Natixis now owns 79,029 shares of the company's stock worth $8,275,000 after acquiring an additional 62,578 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Price Performance

Shares of CHD traded down $2.00 during trading hours on Thursday, reaching $100.13. The stock had a trading volume of 2,662,763 shares, compared to its average volume of 1,535,778. The stock has a market capitalization of $24.64 billion, a PE ratio of 42.25, a PEG ratio of 3.32 and a beta of 0.55. The company's 50-day moving average is $107.04 and its two-hundred day moving average is $106.10. 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 Co., Inc. has a 12 month low of $96.35 and a 12 month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (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 period in the prior year, the company posted $0.65 earnings per share. Research 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. Investors 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 a boost from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.18%. Church & Dwight's dividend payout ratio (DPR) is presently 49.79%.

Insider Activity

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were 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 owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Rene Hemsey sold 11,060 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now owns 6,437 shares in the company, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 65,570 shares of company stock valued at $7,538,449. Company insiders own 2.00% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on CHD. Truist Financial raised their target price 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. Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $112.00 to $125.00 in a research report on Tuesday, April 15th. UBS Group increased their price target on Church & Dwight from $109.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Wells Fargo & Company boosted their price objective on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Wednesday, April 2nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a report on Friday, April 11th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $112.13.

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 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.