Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,672 shares of the company’s stock after purchasing an additional 1,508 shares during the period. Kestra Private Wealth Services LLC’s holdings in Church & Dwight were worth $3,840,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Amalgamated Bank lifted its holdings in shares of Church & Dwight by 0.8% in the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock valued at $5,242,000 after buying an additional 394 shares during the period. Board of the Pension Protection Fund purchased a new position in Church & Dwight in the fourth quarter worth $639,000. Oddo BHF Asset Management Sas acquired a new stake in Church & Dwight in the third quarter valued at $5,934,000. Citigroup Inc. boosted its position in shares of Church & Dwight by 9.1% during the 3rd quarter. Citigroup Inc. now owns 337,738 shares of the company’s stock worth $35,368,000 after purchasing an additional 28,129 shares in the last quarter. Finally, Financial Enhancement Group LLC grew its stake in shares of Church & Dwight by 456.2% during the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company’s stock worth $6,232,000 after purchasing an additional 49,693 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Performance

NYSE:CHD opened at $104.49 on Tuesday. 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 market cap of $25.60 billion, a PE ratio of 44.09, a P/E/G ratio of 3.35 and a beta of 0.59. The firm has a 50 day simple moving average of $105.87 and a 200-day simple moving average of $104.39. Church & Dwight Co., Inc. has a 1-year low of $96.09 and a 1-year high of $113.50.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting 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 period in the prior year, the firm posted $0.65 earnings per share. On average, equities analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.13%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 47.68%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the sale, the executive vice president now directly owns 4,973 shares of the company’s stock, valued at $556,976. The trade was a 88.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction on 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 owns 32,500 shares of the company’s stock, valued at approximately $3,448,575. The trade was a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,422 shares of company stock worth $11,424,351 in the last 90 days. 2.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on CHD shares. Wells Fargo & Company boosted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft boosted their price target on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Barclays raised their price objective on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Royal Bank of Canada reiterated 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, TD Cowen raised their price target on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average target price of $111.53.

About Church & Dwight

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.