Bellecapital International Ltd. Has $4.20 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Bellecapital International Ltd. lifted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 13.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,148 shares of the company’s stock after purchasing an additional 4,812 shares during the period. Bellecapital International Ltd.’s holdings in Church & Dwight were worth $4,204,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CHD. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Church & Dwight by 30.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 28,084 shares of the company’s stock valued at $2,941,000 after purchasing an additional 6,516 shares in the last quarter. Pinnacle Associates Ltd. boosted its stake in Church & Dwight by 18.4% in the third quarter. Pinnacle Associates Ltd. now owns 3,717 shares of the company’s stock valued at $389,000 after acquiring an additional 577 shares during the last quarter. Financial Advocates Investment Management boosted its stake in Church & Dwight by 10.6% in the third quarter. Financial Advocates Investment Management now owns 2,563 shares of the company’s stock valued at $268,000 after acquiring an additional 246 shares during the last quarter. Focus Financial Network Inc. boosted its stake in Church & Dwight by 4.2% in the third quarter. Focus Financial Network Inc. now owns 3,959 shares of the company’s stock valued at $415,000 after acquiring an additional 158 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Church & Dwight by 11.2% in the third quarter. Farther Finance Advisors LLC now owns 1,961 shares of the company’s stock valued at $205,000 after acquiring an additional 198 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CHD. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Truist Financial raised their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Wells Fargo & Company raised their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Stifel Nicolaus lifted their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $111.56.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Rick Spann sold 39,520 shares of Church & Dwight 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 sale, the executive vice president now directly owns 4,973 shares in the company, valued at approximately $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 is accessible through this link. Also, EVP Michael Read acquired 1,100 shares of the stock in a transaction dated Monday, December 16th. The shares were purchased at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have sold 49,522 shares of company stock worth $5,487,555. Insiders own 2.00% of the company’s stock.

Church & Dwight Trading Up 1.8 %

Shares of NYSE:CHD opened at $111.32 on Friday. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $113.50. 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 company’s fifty day simple moving average is $105.71 and its 200 day simple moving average is $105.00. The firm has a market cap of $27.38 billion, a price-to-earnings ratio of 46.97, a PEG ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 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 last year, the business earned $0.65 EPS. As a group, research analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.295 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s payout ratio is presently 49.79%.

Church & Dwight Company 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, 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.