Proficio Capital Partners LLC Invests $167,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Proficio Capital Partners LLC acquired a new position in Church & Dwight Co., Inc. (NYSE:CHD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 166,634 shares of the company’s stock, valued at approximately $167,000. Proficio Capital Partners LLC owned about 0.07% of Church & Dwight as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. CWA Asset Management Group LLC purchased a new position in Church & Dwight during the third quarter valued at approximately $241,000. Covestor Ltd lifted its stake in shares of Church & Dwight by 62.0% in the third quarter. Covestor Ltd now owns 682 shares of the company’s stock worth $71,000 after buying an additional 261 shares in the last quarter. Axxcess Wealth Management LLC grew its position in shares of Church & Dwight by 3.0% in the third quarter. Axxcess Wealth Management LLC now owns 10,022 shares of the company’s stock valued at $1,049,000 after purchasing an additional 293 shares in the last quarter. Crossmark Global Holdings Inc. boosted its position in shares of Church & Dwight by 4.0% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 11,336 shares of the company’s stock valued at $1,187,000 after acquiring an additional 431 shares during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight during the 3rd quarter worth approximately $28,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

Shares of CHD opened at $109.04 on Thursday. 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 50-day moving average of $106.64 and a two-hundred day moving average of $105.57. The stock has a market cap of $26.82 billion, a P/E ratio of 46.01, a PEG ratio of 3.32 and a beta of 0.57. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $116.46.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the company earned $0.65 EPS. As a group, research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were given a $0.295 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Friday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is 49.79%.

Insider Activity

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the sale, the director now directly owns 32,500 shares in the company, valued at $3,448,575. The trade was a 23.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael Read acquired 1,100 shares of Church & Dwight stock in a transaction on Monday, December 16th. The shares were bought at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the purchase, 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 disclosure for this purchase can be found here. Insiders have sold 64,510 shares of company stock valued at $7,383,170 in the last three months. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on CHD shares. Piper Sandler dropped their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Stifel Nicolaus lifted their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research note on Friday, February 21st. Finally, Barclays boosted their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Church & Dwight presently has an average rating of “Hold” and an average price target of $111.56.

Church & Dwight 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.