Hantz Financial Services Inc. Has $11.30 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Hantz Financial Services Inc. lowered its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.8% during the third quarter, HoldingsChannel reports. The firm owned 107,941 shares of the company’s stock after selling 4,302 shares during the quarter. Hantz Financial Services Inc.’s holdings in Church & Dwight were worth $11,304,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CHD. Millennium Management LLC raised its position in shares of Church & Dwight by 1,617.3% during the second quarter. Millennium Management LLC now owns 1,292,854 shares of the company’s stock worth $134,043,000 after purchasing an additional 1,217,568 shares during the period. Marshall Wace LLP grew its holdings in shares of Church & Dwight by 4,161.5% during the second quarter. Marshall Wace LLP now owns 1,100,410 shares of the company’s stock worth $114,091,000 after buying an additional 1,074,588 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Church & Dwight by 5.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock worth $839,472,000 after buying an additional 429,863 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Church & Dwight by 394.9% during the third quarter. Assenagon Asset Management S.A. now owns 335,624 shares of the company’s stock worth $35,147,000 after buying an additional 267,801 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Church & Dwight by 5.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after buying an additional 175,221 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CHD. Stifel Nicolaus decreased their price objective on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Barclays decreased their price objective on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. JPMorgan Chase & Co. increased their price objective on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Monday, November 4th. Piper Sandler began coverage on Church & Dwight in a report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Church & Dwight currently has an average rating of “Hold” and a consensus price target of $108.53.

Church & Dwight Stock Performance

Shares of NYSE CHD opened at $110.36 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. Church & Dwight Co., Inc. has a 12 month low of $90.26 and a 12 month high of $113.50. The stock has a 50 day moving average of $104.73 and a 200-day moving average of $104.33. The company has a market capitalization of $27.04 billion, a P/E ratio of 49.49, a P/E/G ratio of 4.04 and a beta of 0.55.

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

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a dividend of $0.2838 per share. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.03%. Church & Dwight’s payout ratio is currently 50.67%.

Insider Buying and Selling

In related news, EVP Maynadier Patrick D. De sold 45,120 shares of Church & Dwight stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the sale, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at approximately $1,158,361.75. This trade represents a 81.38 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the transaction, the chief accounting officer now directly owns 400 shares of the company’s stock, valued at $44,976. This represents a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 543,513 shares of company stock valued at $56,795,253. Insiders own 2.00% of the company’s stock.

Church & Dwight Profile

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.