39,162 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 39,162 shares of the company’s stock, valued at approximately $39,000.

Several other institutional investors have also recently bought and sold shares of CHD. YANKCOM Partnership acquired a new stake in shares of Church & Dwight in the fourth quarter valued at $25,000. Capital Performance Advisors LLP bought a new stake in Church & Dwight during the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight in the 3rd quarter valued at about $28,000. Versant Capital Management Inc raised its stake in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 184 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of Church & Dwight by 44.8% during the third quarter. Venturi Wealth Management LLC now owns 559 shares of the company’s stock worth $59,000 after purchasing an additional 173 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In other news, EVP Michael Read acquired 1,100 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The stock was bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the transaction, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction that occurred 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 sale, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. This represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 102,422 shares of company stock valued at $11,424,351 over the last quarter. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CHD. Truist Financial raised their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Wells Fargo & Company boosted 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. Barclays upped their price target on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. TD Cowen lifted their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research note on Thursday, January 16th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $111.53.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $105.98 on Thursday. The stock’s fifty day simple moving average is $105.63 and its 200 day simple moving average is $104.45. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $25.97 billion, a PE ratio of 44.72, a PEG ratio of 3.35 and a beta of 0.59. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, January 31st. The company reported $0.77 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 last year, the company earned $0.65 EPS. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is 47.68%.

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.