Vontobel Holding Ltd. Has $7.71 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Vontobel Holding Ltd. lessened its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 22.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 73,594 shares of the company's stock after selling 21,149 shares during the period. Vontobel Holding Ltd.'s holdings in Church & Dwight were worth $7,706,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Church & Dwight during the 4th quarter worth about $4,949,000. Certuity LLC acquired a new position in shares of Church & Dwight in the 4th quarter valued at about $402,000. Portfolio Design Labs LLC increased its holdings in shares of Church & Dwight by 31.2% in the 4th quarter. Portfolio Design Labs LLC now owns 29,313 shares of the company's stock valued at $3,069,000 after purchasing an additional 6,978 shares during the period. Sovran Advisors LLC acquired a new position in shares of Church & Dwight in the 4th quarter valued at about $423,000. Finally, Wingate Wealth Advisors Inc. acquired a new position in shares of Church & Dwight in the 4th quarter valued at about $90,000. Institutional investors and hedge funds own 86.60% of the company's stock.

Church & Dwight Stock Performance

Shares of NYSE CHD traded up $0.47 during trading hours on Wednesday, reaching $104.33. The stock had a trading volume of 1,076,962 shares, compared to its average volume of 1,555,880. The business's fifty day moving average is $105.40 and its two-hundred day moving average is $104.66. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company has a market cap of $25.66 billion, a price-to-earnings ratio of 44.02, a PEG ratio of 3.34 and a beta of 0.59. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $113.50.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its earnings results on Friday, January 31st. The company reported $0.77 EPS 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 firm earned $0.65 EPS. As a group, 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 will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Friday, February 14th. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio is presently 49.79%.

Insider Activity at Church & Dwight

In other news, EVP Michael Read purchased 1,100 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The shares were acquired at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the acquisition, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the firm's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the transaction, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 102,422 shares of company stock worth $11,424,351 over the last 90 days. Insiders own 1.40% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CHD. Wells Fargo & Company upped their target price on Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a report on Monday, November 4th. Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Barclays upped 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. Piper Sandler lowered their price target on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. boosted their price target on Church & Dwight from $99.00 to $107.00 and gave the company an "underweight" rating in a research note on Thursday, January 16th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $111.53.

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.