Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 7.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 224,734 shares of the company’s stock after selling 18,072 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.09% of Church & Dwight worth $23,532,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Lake Street Advisors Group LLC lifted its position in shares of Church & Dwight by 3.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock worth $282,000 after purchasing an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in Church & Dwight by 0.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock valued at $2,199,000 after buying an additional 103 shares in the last quarter. Whittier Trust Co. lifted its holdings in Church & Dwight by 3.2% during the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after buying an additional 103 shares during the last quarter. HCR Wealth Advisors boosted its position in shares of Church & Dwight by 0.9% during the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after acquiring an additional 106 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its holdings in shares of Church & Dwight by 3.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock valued at $353,000 after acquiring an additional 107 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Trading Up 2.1 %

Shares of CHD stock opened at $108.50 on Friday. The company has a market capitalization of $26.70 billion, a P/E ratio of 45.78, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. 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 business’s 50 day moving average is $107.60 and its two-hundred day moving average is $105.91. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46.

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, 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 firm earned $0.65 earnings per share. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.09%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s payout ratio is 49.79%.

Insider Buying and Selling

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

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CHD shares. Barclays boosted their target price on Church & Dwight from $93.00 to $97.00 and gave the stock an “underweight” rating in a research note on Thursday. JPMorgan Chase & Co. lowered their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a report on Friday, February 21st. Truist Financial lifted their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Finally, Piper Sandler cut their target price on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Church & Dwight presently has a consensus rating of “Hold” and a consensus target price of $111.81.

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.