Kathmere Capital Management LLC Grows Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Kathmere Capital Management LLC boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.9% during the 4th quarter, HoldingsChannel reports. The fund owned 4,265 shares of the company’s stock after purchasing an additional 119 shares during the period. Kathmere Capital Management LLC’s holdings in Church & Dwight were worth $447,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CHD. Capital Performance Advisors LLP bought a new position 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 valued at $28,000. Versant Capital Management Inc raised its stake 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 acquiring an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight in the 2nd quarter worth about $33,000. Finally, Kimelman & Baird LLC purchased a new position in shares of Church & Dwight during the 2nd quarter worth about $46,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Rick Spann sold 39,520 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the completion of the transaction, the executive vice president now owns 4,973 shares of the company’s stock, valued at approximately $556,976. This trade represents a 88.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the sale, the director now owns 7,129 shares of the company’s stock, valued at $740,275.36. The trade was a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 593,035 shares of company stock valued at $62,282,808. Corporate insiders own 1.40% of the company’s stock.

Church & Dwight Trading Down 1.8 %

CHD opened at $103.38 on Thursday. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The firm has a market cap of $25.33 billion, a price-to-earnings ratio of 46.36, a PEG ratio of 3.12 and a beta of 0.58. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50. The stock has a fifty day moving average price of $106.82 and a 200-day moving average price of $104.04.

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

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a $0.2838 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.10%. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

Analysts Set New Price Targets

A number of research firms recently weighed in on CHD. Barclays reduced their price objective on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, November 5th. TD Cowen increased their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Wells Fargo & Company boosted their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Piper Sandler increased their target price on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research note on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $110.00.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.