Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 13.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 102,993 shares of the company’s stock after acquiring an additional 12,300 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Church & Dwight were worth $10,784,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. YANKCOM Partnership bought a new stake in Church & Dwight in the fourth quarter valued at about $25,000. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight during the 3rd quarter valued at approximately $27,000. Ashton Thomas Securities LLC bought a new position in Church & Dwight during the third quarter worth $28,000. Versant Capital Management Inc lifted its stake in Church & Dwight by 224.4% during 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 during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new position in Church & Dwight in the fourth quarter worth $39,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling

In other news, EVP Rick Spann sold 39,520 shares of Church & Dwight stock in a transaction dated Monday, December 2nd. The stock was 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 in the company, 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 can be accessed through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the transaction, the director now directly owns 32,500 shares in the company, valued at approximately $3,448,575. The trade was a 23.53 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 49,522 shares of company stock worth $5,487,555. 2.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CHD. Wells Fargo & Company raised their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Stifel Nicolaus increased their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. Truist Financial lifted their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. TD Cowen increased their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. reduced their price objective on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $111.47.

Church & Dwight Trading Up 0.9 %

Shares of CHD opened at $105.40 on Monday. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $113.50. The business’s 50-day moving average price is $105.35 and its 200 day moving average price is $104.74. The stock has a market capitalization of $25.93 billion, a P/E ratio of 44.47, a P/E/G ratio of 3.32 and a beta of 0.59. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data 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 net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the previous year, the business posted $0.65 EPS. Analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.295 dividend. 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 dividend on an annualized basis and a dividend yield of 1.12%. Church & Dwight’s dividend payout ratio is currently 49.79%.

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.