Church & Dwight Co., Inc. $CHD Shares Sold by Savoir Faire Capital Management L.P.

Savoir Faire Capital Management L.P. cut its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 26.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 79,443 shares of the company’s stock after selling 28,855 shares during the period. Church & Dwight accounts for 3.2% of Savoir Faire Capital Management L.P.’s holdings, making the stock its 13th biggest position. Savoir Faire Capital Management L.P.’s holdings in Church & Dwight were worth $6,661,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. True Wealth Design LLC raised its position in shares of Church & Dwight by 935.5% in the third quarter. True Wealth Design LLC now owns 321 shares of the company’s stock worth $28,000 after acquiring an additional 290 shares during the period. Ameriflex Group Inc. grew its position in shares of Church & Dwight by 101.3% during the 3rd quarter. Ameriflex Group Inc. now owns 322 shares of the company’s stock valued at $28,000 after acquiring an additional 162 shares during the period. CVA Family Office LLC grew its position in shares of Church & Dwight by 58.1% during the 3rd quarter. CVA Family Office LLC now owns 332 shares of the company’s stock valued at $29,000 after acquiring an additional 122 shares during the period. Field & Main Bank purchased a new position in shares of Church & Dwight in the 4th quarter valued at about $29,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Church & Dwight in the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In related news, Director Penry W. Price sold 7,000 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $100.58, for a total transaction of $704,060.00. Following the completion of the sale, the director owned 30,070 shares of the company’s stock, valued at approximately $3,024,440.60. This represents a 18.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Janet S. Vergis sold 12,960 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $101.00, for a total transaction of $1,308,960.00. Following the completion of the sale, the director owned 17,102 shares of the company’s stock, valued at approximately $1,727,302. The trade was a 43.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.00% of the stock is owned by corporate insiders.

Church & Dwight Stock Performance

Shares of NYSE:CHD opened at $97.13 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.07 and a quick ratio of 0.71. Church & Dwight Co., Inc. has a 1 year low of $81.33 and a 1 year high of $106.04. The firm has a market capitalization of $23.01 billion, a PE ratio of 32.16, a P/E/G ratio of 3.57 and a beta of 0.48. The business’s 50 day moving average price is $97.16 and its 200-day moving average price is $91.34.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 30th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.84 by $0.02. The firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.64 billion. Church & Dwight had a return on equity of 20.05% and a net margin of 11.88%.The firm’s revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 EPS. As a group, equities research analysts expect that Church & Dwight Co., Inc. will post 3.75 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be issued a dividend of $0.3075 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.3%. Church & Dwight’s dividend payout ratio is presently 40.73%.

Wall Street Analyst Weigh In

CHD has been the topic of a number of recent analyst reports. TD Cowen increased their price target on Church & Dwight from $99.00 to $112.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Royal Bank Of Canada set a $112.00 price objective on Church & Dwight in a research report on Thursday, April 9th. Rothschild & Co Redburn set a $91.00 target price on Church & Dwight and gave the stock a “neutral” rating in a research note on Friday, February 13th. Raymond James Financial upgraded Church & Dwight from a “market perform” rating to an “outperform” rating and set a $100.00 target price on the stock in a research report on Monday, January 5th. Finally, Jefferies Financial Group lifted their price target on shares of Church & Dwight from $102.00 to $106.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $101.59.

Church & Dwight Company Profile

Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.

The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.