BOK Financial Private Wealth Inc. Decreases Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

BOK Financial Private Wealth Inc. cut its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 9.2% during the fourth quarter, HoldingsChannel reports. The fund owned 24,311 shares of the company’s stock after selling 2,455 shares during the period. BOK Financial Private Wealth Inc.’s holdings in Church & Dwight were worth $2,546,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Lake Street Advisors Group LLC increased its holdings in Church & Dwight by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock valued at $282,000 after buying an additional 97 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Church & Dwight by 2.8% during the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after acquiring an additional 99 shares during the period. Oregon Public Employees Retirement Fund increased its stake in shares of Church & Dwight by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after purchasing an additional 103 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in Church & Dwight by 0.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock worth $3,358,000 after acquiring an additional 104 shares during the period. Finally, HCR Wealth Advisors grew its stake in Church & Dwight by 0.9% in the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after acquiring an additional 106 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on CHD shares. JPMorgan Chase & Co. reduced their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a report on Friday, February 21st. Piper Sandler decreased their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company 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 note 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 note on Monday, February 3rd. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $111.56.

Church & Dwight Stock Performance

Shares of NYSE CHD opened at $112.48 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The stock’s fifty day moving average price is $106.23 and its two-hundred day moving average price is $105.38. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $114.60. The firm has a market cap of $27.67 billion, a price-to-earnings ratio of 47.46, a P/E/G ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter in the prior year, the company earned $0.65 EPS. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a $0.295 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.05%. Church & Dwight’s dividend payout ratio (DPR) is 49.79%.

Insider Buying and Selling at Church & Dwight

In related news, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction on Monday, December 16th. The shares were acquired at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the purchase, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’s stock in a transaction dated 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 transaction, the director now owns 32,500 shares in the company, valued at approximately $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,002 shares of company stock valued at $1,061,315. Corporate insiders own 2.00% of the company’s stock.

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.