Investment House LLC Sells 1,592 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Investment House LLC lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 146,953 shares of the company’s stock after selling 1,592 shares during the quarter. Church & Dwight makes up 1.0% of Investment House LLC’s holdings, making the stock its 26th biggest position. Investment House LLC owned about 0.06% of Church & Dwight worth $13,896,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Chilton Capital Management LLC increased its stake in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Annapolis Financial Services LLC lifted its holdings in shares of Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after buying an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. acquired a new position in shares of Church & Dwight in the third quarter valued at about $38,000. McGlone Suttner Wealth Management Inc. bought a new position in Church & Dwight during the fourth quarter worth about $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its holdings in shares of Church & Dwight by 74.7% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock worth $65,000 after purchasing an additional 293 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on CHD. Royal Bank of Canada increased their target price on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a report on Monday, February 5th. Truist Financial boosted their target price on shares of Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. The Goldman Sachs Group initiated coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 price target on the stock. Argus upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Friday, February 23rd. Finally, Oppenheimer lifted their price target on Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $104.07.

Insider Buying and Selling

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the transaction, the executive vice president now owns 4,319 shares in the company, valued at approximately $451,551.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at $11,703,613.77. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the sale, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 373,052 shares of company stock worth $38,603,796. 1.40% of the stock is owned by insiders.

Church & Dwight Stock Up 0.4 %

CHD stock traded up $0.44 during trading on Monday, reaching $106.76. 395,912 shares of the stock were exchanged, compared to its average volume of 1,263,504. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $108.10. The firm’s 50 day moving average is $102.91 and its 200 day moving average is $97.24. The firm has a market cap of $26.04 billion, a P/E ratio of 34.95, a price-to-earnings-growth ratio of 3.55 and a beta of 0.53.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.65. The firm had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The business’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $0.62 earnings per share. As a group, research analysts forecast that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were given a dividend of $0.2838 per share. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend was Wednesday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 37.17%.

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.