Apeiron RIA LLC lifted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,183 shares of the company’s stock after acquiring an additional 158 shares during the quarter. Apeiron RIA LLC’s holdings in Church & Dwight were worth $438,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new stake in shares of Church & Dwight in the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in Church & Dwight in the third quarter worth about $28,000. Versant Capital Management Inc lifted its stake in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Church & Dwight during the 2nd quarter worth about $33,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Church & Dwight in the 2nd quarter valued at about $46,000. Institutional investors own 86.60% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on CHD shares. TD Cowen increased their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft lifted their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Wells Fargo & Company upped their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Stifel Nicolaus dropped their price objective on Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research report on Friday, January 17th. Finally, Barclays boosted their target price on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and an average price target of $110.61.
Insider Buying and Selling
In other news, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the sale, the director now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the transaction, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. This represents a 59.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 593,035 shares of company stock valued at $62,282,808 over the last 90 days. Insiders own 2.00% of the company’s stock.
Church & Dwight Stock Performance
Shares of CHD stock opened at $106.24 on Friday. The business has a fifty day moving average of $106.80 and a 200 day moving average of $104.06. Church & Dwight Co., Inc. has a 1 year low of $96.09 and a 1 year high of $113.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The firm has a market capitalization of $26.03 billion, a price-to-earnings ratio of 47.64, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58.
Church & Dwight (NYSE:CHD – Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the business posted $0.74 earnings per share. As a group, research analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.
Church & Dwight Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a $0.2838 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. Church & Dwight’s payout ratio is currently 50.67%.
About Church & Dwight
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.
Further Reading
- Five stocks we like better than Church & Dwight
- Investing in Travel Stocks Benefits
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- Are Penny Stocks a Good Fit for Your Portfolio?
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- How to Invest in the FAANG Stocks
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD – Free Report).
Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.