GHP Investment Advisors Inc. Sells 345 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

GHP Investment Advisors Inc. decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 37,760 shares of the company’s stock after selling 345 shares during the period. GHP Investment Advisors Inc.’s holdings in Church & Dwight were worth $3,954,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. YANKCOM Partnership bought a new stake in Church & Dwight during the fourth quarter valued at about $25,000. Capital Performance Advisors LLP purchased a new stake in shares of Church & Dwight during the third quarter worth about $27,000. Ashton Thomas Securities LLC bought a new stake in Church & Dwight during the 3rd quarter valued at approximately $28,000. Versant Capital Management Inc lifted its holdings in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in Church & Dwight by 44.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 559 shares of the company’s stock worth $59,000 after purchasing an additional 173 shares during the period. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Performance

NYSE CHD opened at $105.32 on Friday. The company has a market cap of $25.80 billion, a P/E ratio of 44.44, a P/E/G ratio of 3.28 and a beta of 0.59. The business’s 50 day moving average price is $106.07 and its 200-day moving average price is $104.30. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two 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.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the previous year, the business earned $0.65 EPS. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.295 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.12%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is presently 47.68%.

Insider Buying and Selling at Church & Dwight

In other news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the sale, the director now directly owns 32,500 shares of the company’s stock, valued at approximately $3,448,575. The trade was a 23.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Bradley C. Irwin sold 13,200 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the completion of the transaction, the director now directly owns 37,169 shares in the company, valued at $3,993,437.36. This represents a 26.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 115,622 shares of company stock worth $12,842,559 over the last 90 days. Company insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

CHD has been the topic of several recent analyst reports. Stifel Nicolaus lifted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday. Truist Financial lifted their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday. Piper Sandler dropped their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday. TD Cowen lifted their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. 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 stock. According to data from MarketBeat, Church & Dwight presently has a consensus rating of “Hold” and a consensus target price 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.