TIAA Trust National Association Has $397,000 Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

TIAA Trust National Association decreased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,796 shares of the company’s stock after selling 145 shares during the period. TIAA Trust National Association’s holdings in Church & Dwight were worth $397,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. EntryPoint Capital LLC acquired a new stake in shares of Church & Dwight during the 4th quarter valued at $437,000. CoreFirst Bank & Trust acquired a new stake in shares of Church & Dwight during the fourth quarter valued at about $387,000. Vanguard Group Inc. grew its holdings in shares of Church & Dwight by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 30,691,064 shares of the company’s stock worth $3,213,661,000 after purchasing an additional 193,602 shares during the last quarter. LPL Financial LLC increased its stake in shares of Church & Dwight by 13.4% in the fourth quarter. LPL Financial LLC now owns 184,133 shares of the company’s stock valued at $19,281,000 after buying an additional 21,742 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new position in Church & Dwight in the 4th quarter valued at approximately $15,382,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Stifel Nicolaus upped their price target on shares of 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 Church & Dwight from $93.00 to $97.00 and gave the company an “underweight” rating in a report on Thursday. JPMorgan Chase & Co. cut their target price on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a report on Friday, February 21st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a research report on Monday, February 3rd. Finally, Truist Financial raised their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $111.81.

Insider Transactions at Church & Dwight

In related news, EVP Rene Hemsey sold 11,060 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the transaction, the executive vice president now owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following 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 position. The disclosure for this sale can be found here. Insiders have sold 65,570 shares of company stock valued at $7,538,449 over the last ninety days. 2.00% of the stock is owned by company insiders.

Church & Dwight Stock Up 0.7 %

Shares of NYSE CHD opened at $109.14 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The firm has a market cap of $26.86 billion, a PE ratio of 46.05, a P/E/G ratio of 3.32 and a beta of 0.57. The company’s fifty day simple moving average is $107.65 and its 200 day simple moving average is $105.93. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $116.46.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 firm posted $0.65 EPS. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a dividend of $0.295 per share. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.08%. Church & Dwight’s 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 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.