Compass Capital Management Inc. Trims Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Compass Capital Management Inc. lessened its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 561,241 shares of the company’s stock after selling 2,930 shares during the quarter. Church & Dwight comprises about 3.9% of Compass Capital Management Inc.’s portfolio, making the stock its 13th largest holding. Compass Capital Management Inc.’s holdings in Church & Dwight were worth $58,768,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Boston Trust Walden Corp grew its holdings in Church & Dwight by 0.4% in the fourth quarter. Boston Trust Walden Corp now owns 198,338 shares of the company’s stock worth $20,768,000 after purchasing an additional 837 shares during the period. DAVENPORT & Co LLC lifted its stake in shares of Church & Dwight by 2.3% in the fourth quarter. DAVENPORT & Co LLC now owns 31,011 shares of the company’s stock worth $3,247,000 after buying an additional 685 shares in the last quarter. Caprock Group LLC lifted its stake in shares of Church & Dwight by 3.2% in the fourth quarter. Caprock Group LLC now owns 11,196 shares of the company’s stock worth $1,172,000 after buying an additional 349 shares in the last quarter. Hamilton Point Investment Advisors LLC lifted its stake in shares of Church & Dwight by 0.3% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 113,320 shares of the company’s stock worth $11,866,000 after buying an additional 347 shares in the last quarter. Finally, Calton & Associates Inc. bought a new position in shares of Church & Dwight in the fourth quarter worth approximately $342,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Performance

Shares of NYSE:CHD opened at $106.37 on Tuesday. The firm has a fifty day simple moving average of $106.30 and a two-hundred day simple moving average of $104.22. The stock has a market capitalization of $26.06 billion, a P/E ratio of 44.88, a PEG ratio of 3.28 and a beta of 0.59. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50.

Church & Dwight (NYSE:CHD) last released its 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 period last year, the firm posted $0.65 earnings per share. On average, analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.295 per share. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.11%. Church & Dwight’s dividend payout ratio (DPR) is presently 47.68%.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Michael Read bought 1,100 shares of the business’s stock in a transaction 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 transaction, 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 purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,158,361.75. This trade represents a 81.38 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 415,622 shares of company stock worth $43,994,559 in the last 90 days. 1.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Stifel Nicolaus upped their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday. JPMorgan Chase & Co. increased their price objective on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research report on Thursday, January 16th. Piper Sandler lowered their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research report on Monday. Finally, TD Cowen increased their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $111.00.

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.