Newbridge Financial Services Group Inc. Invests $35,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Newbridge Financial Services Group Inc. purchased a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 366 shares of the company’s stock, valued at approximately $35,000.

A number of other hedge funds also recently modified their holdings of the business. Chilton Capital Management LLC lifted its holdings 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. Global Retirement Partners LLC lifted its holdings in shares of Church & Dwight by 14.7% during the fourth quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock worth $87,000 after purchasing an additional 113 shares during the period. Gateway Advisory LLC lifted its holdings in shares of Church & Dwight by 4.4% during the third quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock worth $262,000 after purchasing an additional 120 shares during the period. Kentucky Retirement Systems lifted its holdings in shares of Church & Dwight by 0.6% during the fourth quarter. Kentucky Retirement Systems now owns 19,713 shares of the company’s stock worth $1,864,000 after purchasing an additional 126 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in Church & Dwight by 2.1% during the third quarter. Sunbelt Securities Inc. now owns 6,580 shares of the company’s stock worth $603,000 after buying an additional 137 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling

In related news, EVP Maynadier Patrick D. De sold 54,654 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,104,775. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,104,775. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Richard A. Dierker sold 86,740 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the transaction, the chief financial officer now owns 7,634 shares in the company, valued at $813,479.04. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 182,346 shares of company stock worth $19,465,948. 1.40% of the stock is owned by insiders.

Church & Dwight Trading Up 0.6 %

NYSE:CHD opened at $109.91 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.82. The firm has a 50-day moving average of $106.17 and a 200-day moving average of $101.30. The company has a market cap of $26.88 billion, a PE ratio of 34.89, a PEG ratio of 3.57 and a beta of 0.51. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the previous year, the company earned $0.85 earnings per share. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. As a group, equities research analysts expect that Church & Dwight Co., Inc. will post 3.46 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were issued a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CHD shares. Bank of America lifted their target price on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, April 15th. HSBC lifted their target price on shares of Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” rating in a research note on Friday, May 3rd. Truist Financial lifted their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, May 3rd. Oppenheimer lifted their target price on shares of Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $106.19.

About Church & Dwight

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.