Roffman Miller Associates Inc. PA Sells 4,513 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Roffman Miller Associates Inc. PA reduced its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 276,495 shares of the company’s stock after selling 4,513 shares during the quarter. Church & Dwight comprises 1.8% of Roffman Miller Associates Inc. PA’s holdings, making the stock its 21st largest holding. Roffman Miller Associates Inc. PA owned 0.11% of Church & Dwight worth $28,952,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. YANKCOM Partnership bought a new stake in Church & Dwight in the fourth quarter worth approximately $25,000. Capital Performance Advisors LLP bought a new stake in Church & Dwight in the third quarter worth approximately $27,000. Ashton Thomas Securities LLC bought a new stake in Church & Dwight in the third quarter worth approximately $28,000. Versant Capital Management Inc increased its holdings in 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 purchasing an additional 184 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in Church & Dwight in the fourth quarter worth approximately $39,000. 86.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of research reports. Wells Fargo & Company upped 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. TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Finally, Stifel Nicolaus upped 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. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $111.47.

Church & Dwight Stock Up 0.9 %

CHD stock opened at $105.40 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The company has a market capitalization of $25.93 billion, a price-to-earnings ratio of 44.47, a PEG ratio of 3.32 and a beta of 0.59. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $113.50. The stock has a fifty day moving average of $105.35 and a 200-day moving average of $104.74.

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

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a dividend of $0.295 per share. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.12%. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Buying and Selling

In related news, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the acquisition, the executive vice president now owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the sale, the director now directly owns 32,500 shares in the company, valued at $3,448,575. This trade represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 49,522 shares of company stock valued at $5,487,555. Corporate insiders own 2.00% of the company’s stock.

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.