Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Westhampton Capital LLC

Westhampton Capital LLC decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,500 shares of the company’s stock after selling 275 shares during the period. Church & Dwight accounts for 1.3% of Westhampton Capital LLC’s investment portfolio, making the stock its 19th biggest position. Westhampton Capital LLC’s holdings in Church & Dwight were worth $2,451,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in CHD. Game Plan Financial Advisors LLC acquired a new position in Church & Dwight in the first quarter valued at $26,000. Chilton Capital Management LLC lifted its stake in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares in the last quarter. Roble Belko & Company Inc acquired a new position in shares of Church & Dwight during the first quarter worth about $31,000. Creekmur Asset Management LLC acquired a new position in shares of Church & Dwight during the fourth quarter worth about $32,000. Finally, Annapolis Financial Services LLC lifted its stake in shares of Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after purchasing an additional 334 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Up 0.3 %

Church & Dwight stock traded up $0.28 during midday trading on Tuesday, hitting $105.15. The stock had a trading volume of 522,385 shares, compared to its average volume of 1,307,417. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The stock has a market cap of $25.71 billion, a P/E ratio of 33.29, a P/E/G ratio of 3.38 and a beta of 0.52. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $110.31. The business has a fifty day moving average price of $106.79 and a 200 day moving average price of $102.00.

Church & Dwight (NYSE:CHD) last posted its earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.86 by $0.10. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 earnings per share. Research analysts predict that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were given a $0.2838 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.08%. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Transactions at Church & Dwight

In other news, Director Penry W. Price sold 7,752 shares of the firm’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $105.47, for a total value of $817,603.44. Following the completion of the sale, the director now owns 25,692 shares of the company’s stock, valued at $2,709,735.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Robert K. Shearer sold 13,200 shares of the stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total transaction of $1,403,952.00. Following the completion of the sale, the director now directly owns 29,108 shares in the company, valued at $3,095,926.88. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Penry W. Price sold 7,752 shares of the stock in a transaction on Monday, May 6th. The stock was sold at an average price of $105.47, for a total value of $817,603.44. Following the sale, the director now owns 25,692 shares of the company’s stock, valued at $2,709,735.24. The disclosure for this sale can be found here. Insiders sold a total of 182,346 shares of company stock valued at $19,465,948 over the last quarter. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

CHD has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their price objective on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating on the stock in a research note on Friday, May 3rd. Deutsche Bank Aktiengesellschaft boosted their price objective on Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Truist Financial boosted their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, May 3rd. Bank of America boosted their price target on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, April 15th. Finally, Oppenheimer boosted their price target on Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 23rd. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $106.65.

About Church & Dwight

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.