1,946 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Bought by Clarius Group LLC

Clarius Group LLC acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,946 shares of the company’s stock, valued at approximately $204,000.

A number of other hedge funds also recently made changes to their positions in CHD. Amalgamated Bank raised its position in Church & Dwight by 0.8% in the third quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock worth $5,242,000 after acquiring an additional 394 shares during the period. Board of the Pension Protection Fund bought a new stake in shares of Church & Dwight in the 4th quarter worth approximately $639,000. Oddo BHF Asset Management Sas purchased a new position in Church & Dwight in the third quarter valued at approximately $5,934,000. Citigroup Inc. increased its position in Church & Dwight by 9.1% in the third quarter. Citigroup Inc. now owns 337,738 shares of the company’s stock worth $35,368,000 after buying an additional 28,129 shares during the last quarter. Finally, Financial Enhancement Group LLC lifted its position in shares of Church & Dwight by 456.2% during the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company’s stock valued at $6,232,000 after buying an additional 49,693 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Trading Up 0.1 %

NYSE CHD opened at $106.42 on Tuesday. The stock has a 50-day moving average of $106.86 and a 200-day moving average of $104.04. 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 1-year low of $96.09 and a 1-year high of $113.50. The firm has a market cap of $26.07 billion, a PE ratio of 47.72, a price-to-earnings-growth ratio of 3.12 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last issued its earnings results 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 for the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $0.74 earnings per share. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were issued a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio is currently 50.67%.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read bought 1,100 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the acquisition, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the sale, the director now owns 7,129 shares in the company, valued at approximately $740,275.36. This trade represents a 61.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 593,035 shares of company stock valued at $62,282,808 over the last ninety days. 1.40% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CHD shares. JPMorgan Chase & Co. boosted their price objective on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research note on Thursday, January 16th. Wells Fargo & Company increased their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Piper Sandler lifted their price target on Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. TD Cowen increased their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Barclays upped their price target on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and an average target price of $110.61.

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.