West Family Investments Inc. Raises Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

West Family Investments Inc. boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 19.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,428 shares of the company’s stock after acquiring an additional 563 shares during the quarter. West Family Investments Inc.’s holdings in Church & Dwight were worth $359,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Capital Performance Advisors LLP purchased a new stake in shares of Church & Dwight during the third quarter valued at $27,000. Crewe Advisors LLC purchased a new stake in Church & Dwight in the 1st quarter valued at about $28,000. Ashton Thomas Securities LLC bought a new position in Church & Dwight in the 3rd quarter worth about $28,000. Rothschild Investment LLC purchased a new position in shares of Church & Dwight during the second quarter worth approximately $31,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight during the second quarter valued at approximately $33,000. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, Director Bradley C. Irwin sold 13,200 shares of the business’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 sale, the director now owns 37,169 shares in the company, valued at approximately $3,993,437.36. The trade was a 26.21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the transaction, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 490,613 shares of company stock worth $50,858,457. 1.40% of the stock is owned by corporate insiders.

Church & Dwight Stock Performance

Shares of CHD opened at $110.93 on Wednesday. Church & Dwight Co., Inc. has a 12 month low of $90.26 and a 12 month high of $111.45. The stock has a fifty day moving average price of $103.67 and a 200-day moving average price of $104.08. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The firm has a market cap of $27.18 billion, a PE ratio of 49.74, a P/E/G ratio of 4.03 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period last year, the business posted $0.74 earnings per share. The firm’s revenue was up 3.8% compared to the same quarter last year. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.02%. The ex-dividend date is Friday, November 15th. Church & Dwight’s dividend payout ratio is presently 50.67%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CHD shares. Barclays dropped their price objective on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Piper Sandler began coverage on Church & Dwight in a research report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price target on the stock. Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Evercore ISI dropped their target price on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $108.53.

About Church & Dwight

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.