Atria Investments Inc Lowers Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Atria Investments Inc trimmed its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,087 shares of the company’s stock after selling 791 shares during the period. Atria Investments Inc’s holdings in Church & Dwight were worth $3,779,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in CHD. YANKCOM Partnership purchased a new stake in Church & Dwight in the 4th quarter valued at about $25,000. Capital Performance Advisors LLP purchased a new stake in shares of Church & Dwight in the 3rd quarter worth approximately $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Church & Dwight in the 3rd quarter worth approximately $28,000. Versant Capital Management Inc lifted its position in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Church & Dwight in the 4th quarter worth approximately $39,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the sale, the director now directly owns 32,500 shares of the company’s stock, valued at approximately $3,448,575. This represents a 23.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Michael Read purchased 1,100 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the acquisition, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at $267,584.10. This represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold 10,002 shares of company stock valued at $1,061,315 in the last ninety days. Insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

CHD has been the subject of several research reports. Barclays upped their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. reduced 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 note on Friday, February 21st. Stifel Nicolaus boosted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. Piper Sandler reduced their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and an average target price of $111.56.

Church & Dwight Trading Up 1.4 %

Shares of Church & Dwight stock opened at $112.48 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $114.60. The firm has a market capitalization of $27.67 billion, a price-to-earnings ratio of 47.46, a PEG ratio of 3.32 and a beta of 0.57. The firm’s 50 day simple moving average is $106.23 and its two-hundred day simple moving average is $105.36.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 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 period in the prior year, the company posted $0.65 EPS. Analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a $0.295 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s dividend payout ratio is 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, 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.