Geneva Capital Management LLC Sells 12,382 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Geneva Capital Management LLC decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 4.3% during the 4th quarter, Holdings Channel reports. The firm owned 276,472 shares of the company’s stock after selling 12,382 shares during the quarter. Geneva Capital Management LLC’s holdings in Church & Dwight were worth $28,949,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. YANKCOM Partnership bought a new stake in shares of Church & Dwight in the 4th quarter worth about $25,000. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight in the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight in the 3rd quarter worth about $28,000. Versant Capital Management Inc grew its holdings in shares of 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 during the last quarter. Finally, Bank of Jackson Hole Trust bought a new stake in shares of Church & Dwight in the 4th quarter worth about $43,000. Institutional investors own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In related news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was 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. This represents a 23.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Read purchased 1,100 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were acquired at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 10,002 shares of company stock worth $1,061,315 in the last ninety days. Company insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CHD. JPMorgan Chase & Co. reduced their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. Truist Financial upped their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Barclays upped their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. Stifel Nicolaus upped their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and a consensus price target of $111.56.

Church & Dwight Stock Performance

Church & Dwight stock opened at $110.71 on Thursday. The company has a market cap of $27.23 billion, a PE ratio of 46.71, a PEG ratio of 3.32 and a beta of 0.59. The company’s 50-day moving average is $106.01 and its two-hundred day moving average is $105.23. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $114.60.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results 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 period in the prior year, the business posted $0.65 EPS. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.07%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is currently 49.79%.

Church & Dwight 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.