New Age Alpha Advisors LLC Purchases 21,957 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

New Age Alpha Advisors LLC lifted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 12,840.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,128 shares of the company’s stock after buying an additional 21,957 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Church & Dwight were worth $2,317,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CHD. YANKCOM Partnership acquired a new stake in Church & Dwight in the 4th quarter worth about $25,000. Versant Capital Management Inc raised its position in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 184 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of Church & Dwight in the fourth quarter valued at approximately $39,000. Bank of Jackson Hole Trust acquired a new stake in Church & Dwight during the fourth quarter worth approximately $43,000. Finally, Golden State Wealth Management LLC bought a new position in Church & Dwight during the 4th quarter worth $51,000. Institutional investors own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In related 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 completion of the transaction, the executive vice president now owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now directly owns 6,437 shares in the company, valued at $707,941.26. This trade represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 over the last ninety days. 2.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CHD has been the subject of a number of recent analyst reports. 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. Barclays increased their price objective on shares of Church & Dwight from $93.00 to $97.00 and gave the stock an “underweight” rating in a research note on Thursday. Royal Bank of Canada restated a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Piper Sandler reduced their price target 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, February 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. Two research 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.com, Church & Dwight presently has an average rating of “Hold” and an average target price of $111.81.

Church & Dwight Stock Performance

Church & Dwight stock opened at $109.14 on Friday. The business has a 50 day moving average of $107.65 and a 200-day moving average of $105.93. The company has a market capitalization of $26.86 billion, a P/E ratio of 46.05, a P/E/G ratio of 3.32 and a beta of 0.57. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24.

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

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a $0.295 dividend. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.08%. Church & Dwight’s dividend payout ratio is presently 49.79%.

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 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.