15,299 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Purchased by Wealthstar Advisors LLC

Wealthstar Advisors LLC bought a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 15,299 shares of the company's stock, valued at approximately $1,602,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CHD. YANKCOM Partnership purchased a new stake in Church & Dwight during the 4th quarter valued at approximately $25,000. Capital Performance Advisors LLP purchased a new stake in Church & Dwight during the 3rd quarter valued at approximately $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight during the 3rd quarter worth approximately $28,000. Versant Capital Management Inc raised its stake in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after buying an additional 184 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Church & Dwight during the 4th quarter worth approximately $39,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 45,120 shares of Church & Dwight stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the sale, the executive vice president now directly owns 10,325 shares of the company's stock, valued at approximately $1,158,361.75. The trade was a 81.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the sale, the director now directly owns 32,500 shares in the company, valued at approximately $3,448,575. The trade was a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 102,422 shares of company stock valued at $11,424,351 over the last three months. 2.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Piper Sandler cut their target price 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. JPMorgan Chase & Co. increased their target price on Church & Dwight from $99.00 to $107.00 and gave the stock an "underweight" rating in a research note on Thursday, January 16th. Truist Financial increased their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Barclays increased their target price on Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research note on Tuesday, February 4th. Finally, Royal Bank of Canada reissued 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 equities research 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. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $111.53.

Church & Dwight Price Performance

NYSE:CHD traded up $1.63 during trading hours on Thursday, reaching $107.58. 1,230,231 shares of the company traded hands, compared to its average volume of 1,577,598. The firm's 50-day moving average is $105.55 and its 200-day moving average is $104.46. The stock has a market cap of $26.36 billion, a P/E ratio of 45.39, a P/E/G ratio of 3.35 and a beta of 0.59. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 1-year low of $96.09 and a 1-year high of $113.50.

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 (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 business earned $0.65 EPS. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a $0.295 dividend. The ex-dividend date is Friday, February 14th. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.10%. Church & Dwight's dividend payout ratio (DPR) is 47.68%.

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.