Operose Advisors LLC Has $63,000 Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Operose Advisors LLC reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 31.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 600 shares of the company’s stock after selling 271 shares during the quarter. Operose Advisors LLC’s holdings in Church & Dwight were worth $63,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CHD. YANKCOM Partnership bought a new position in shares of Church & Dwight during the fourth quarter worth approximately $25,000. Versant Capital Management Inc boosted its stake in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the period. Bernard Wealth Management Corp. acquired a new position in Church & Dwight in the 4th quarter valued at $40,000. Bank of Jackson Hole Trust bought a new position in Church & Dwight during the 4th quarter worth $43,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Church & Dwight during the fourth quarter worth $51,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the transaction, the executive vice president now owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the sale, the executive vice president now owns 6,437 shares of the company’s stock, valued at $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock valued at $7,538,449 in the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

CHD has been the topic of several research reports. JPMorgan Chase & Co. decreased their price target on shares of Church & Dwight from $106.00 to $98.00 and set an “underweight” rating on the stock in a research note on Friday, April 11th. Barclays decreased their target price on shares of Church & Dwight from $97.00 to $94.00 and set an “underweight” rating on the stock in a research report on Friday, April 11th. 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. Wells Fargo & Company raised their price objective on Church & Dwight from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 2nd. Finally, Stifel Nicolaus upped their target price on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight has a consensus rating of “Hold” and an average price target of $112.75.

Church & Dwight Stock Down 0.5 %

CHD stock opened at $105.04 on Wednesday. The firm has a 50-day moving average price of $107.25 and a 200-day moving average price of $106.09. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $116.46. 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 stock has a market capitalization of $25.85 billion, a P/E ratio of 44.32, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting 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 period in the prior year, the business posted $0.65 earnings per share. As a group, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.12%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s payout ratio is currently 49.79%.

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.