Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft boosted its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 12.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,573 shares of the company’s stock after acquiring an additional 1,345 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Church & Dwight were worth $1,316,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of CHD. Capital Performance Advisors LLP acquired a new position in shares of Church & Dwight in the third quarter worth $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight during the 3rd quarter worth approximately $28,000. Versant Capital Management Inc boosted its position in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Church & Dwight during the 2nd quarter valued at about $33,000. Finally, Point72 DIFC Ltd acquired a new stake in Church & Dwight in the 2nd quarter valued at $50,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the transaction, the chief executive officer now owns 112,719 shares in the company, valued at $11,613,438.57. This represents a 59.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was purchased at an average cost of $106.82 per share, with a total value 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 approximately $267,584.10. This trade represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 593,035 shares of company stock worth $62,282,808 in the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Down 0.7 %

Church & Dwight stock opened at $106.79 on Thursday. 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 firm has a 50 day moving average price of $106.63 and a 200 day moving average price of $104.14. The company has a market capitalization of $26.16 billion, a PE ratio of 47.89, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $1.51 billion during 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 was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.74 EPS. Research analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Wall Street Analyst Weigh In

CHD has been the topic of several research reports. Piper Sandler upped their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Deutsche Bank Aktiengesellschaft lifted their target price on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Wells Fargo & Company boosted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. TD Cowen upped their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, Barclays increased their price target on Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research report on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $110.61.

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.