Securian Asset Management Inc. Has $1.38 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Securian Asset Management Inc. cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,167 shares of the company’s stock after selling 331 shares during the period. Securian Asset Management Inc.’s holdings in Church & Dwight were worth $1,379,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CHD. YANKCOM Partnership bought a new stake in shares of Church & Dwight during the fourth quarter worth approximately $25,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight during the third quarter worth approximately $28,000. Versant Capital Management Inc boosted its holdings in shares of Church & Dwight by 224.4% during 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 period. Strategic Financial Concepts LLC bought a new stake in shares of Church & Dwight during the fourth quarter worth approximately $39,000. Finally, Bank of Jackson Hole Trust bought a new stake in shares of Church & Dwight during the fourth quarter worth approximately $43,000. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Down 0.6 %

Shares of CHD opened at $109.15 on Friday. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $116.46. The company has a market cap of $26.85 billion, a P/E ratio of 46.05, a P/E/G ratio of 3.32 and a beta of 0.57. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The firm has a 50 day simple moving average of $106.84 and a two-hundred day simple moving average of $105.65.

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

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.08%. Church & Dwight’s dividend payout ratio is 49.79%.

Insider Transactions at Church & Dwight

In other news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the transaction, the director now directly owns 32,500 shares in the company, valued at approximately $3,448,575. This represents a 23.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. This represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 75,570 shares of company stock worth $8,599,549. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Piper Sandler reduced their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Truist Financial lifted their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Barclays lifted their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a research report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price 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.