YHB Investment Advisors Inc. Decreases Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

YHB Investment Advisors Inc. reduced its position in Church & Dwight Co., Inc. (NYSE:CHD) by 3.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,787 shares of the company’s stock after selling 1,525 shares during the period. YHB Investment Advisors Inc.’s holdings in Church & Dwight were worth $4,794,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in Church & Dwight in the third quarter worth $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight in the 3rd quarter worth $28,000. Versant Capital Management Inc grew its stake in Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after buying an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight during the 2nd quarter valued at about $33,000. Finally, Kimelman & Baird LLC purchased a new stake in Church & Dwight in the second quarter valued at about $46,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on CHD shares. JPMorgan Chase & Co. boosted their price target on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research note on Thursday, January 16th. Barclays upped their price target on shares of Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research note on Friday, January 17th. Wells Fargo & Company lifted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, Piper Sandler lifted their price target on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average price target of $110.61.

Insiders Place Their Bets

In other news, EVP Maynadier Patrick D. De sold 45,120 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total value of $5,062,012.80. Following the transaction, the executive vice president now owns 10,325 shares in the company, valued at $1,158,361.75. This trade represents a 81.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total value of $4,426,240.00. Following the sale, the executive vice president now owns 4,973 shares of the company’s stock, valued at $556,976. The trade was a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 593,035 shares of company stock worth $62,282,808. Company insiders own 2.00% of the company’s stock.

Church & Dwight Trading Up 2.9 %

Shares of Church & Dwight stock opened at $109.32 on Tuesday. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The company has a market cap of $26.78 billion, a P/E ratio of 49.02, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. The firm has a 50-day simple moving average of $106.71 and a two-hundred day simple moving average of $104.07.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. Church & Dwight’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.74 earnings per share. As a group, equities analysts predict that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s payout ratio is presently 50.67%.

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.