Baader Bank Aktiengesellschaft Purchases 171 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Baader Bank Aktiengesellschaft grew its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 6,471 shares of the company’s stock after acquiring an additional 171 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Church & Dwight were worth $668,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of CHD. Game Plan Financial Advisors LLC bought a new position in Church & Dwight during the first quarter valued at $26,000. Crewe Advisors LLC bought a new position in shares of Church & Dwight in the 1st quarter valued at about $28,000. Roble Belko & Company Inc bought a new stake in Church & Dwight during the first quarter worth approximately $31,000. Creekmur Asset Management LLC purchased a new stake in Church & Dwight during the fourth quarter valued at approximately $32,000. Finally, Annapolis Financial Services LLC lifted its stake in shares of Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after purchasing an additional 334 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Ravichandra Krishnamu Saligram sold 20,000 shares of the business’s stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of $107.67, for a total transaction of $2,153,400.00. Following the completion of the transaction, the director now directly owns 13,793 shares in the company, valued at $1,485,092.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Richard A. Dierker sold 86,740 shares of the stock in a transaction on Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the sale, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at $813,479.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ravichandra Krishnamu Saligram sold 20,000 shares of Church & Dwight stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of $107.67, for a total transaction of $2,153,400.00. Following the completion of the transaction, the director now directly owns 13,793 shares of the company’s stock, valued at approximately $1,485,092.31. The disclosure for this sale can be found here. In the last quarter, insiders have sold 220,722 shares of company stock worth $23,139,816. 2.00% of the stock is owned by company insiders.

Church & Dwight Stock Performance

Shares of Church & Dwight stock traded down $0.50 during midday trading on Thursday, hitting $99.98. The company had a trading volume of 965,149 shares, compared to its average volume of 1,370,676. The stock has a market cap of $24.45 billion, a price-to-earnings ratio of 31.67, a PEG ratio of 3.45 and a beta of 0.52. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51. The company has a fifty day simple moving average of $103.89 and a 200 day simple moving average of $103.59.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, August 2nd. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.84 by $0.09. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the firm posted $0.92 earnings per share. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. As a group, analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th will be given a $0.2838 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.14%. Church & Dwight’s dividend payout ratio is currently 35.87%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Evercore ISI decreased their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 5th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Argus boosted their price objective on Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, June 11th. Morgan Stanley lowered their target price on shares of Church & Dwight from $114.00 to $110.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. Finally, Truist Financial decreased their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and an average price target of $106.58.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.