Golden State Wealth Management LLC Invests $51,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Golden State Wealth Management LLC purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD) in the 4th quarter, HoldingsChannel reports. The firm purchased 489 shares of the company’s stock, valued at approximately $51,000.

A number of other hedge funds have also recently added to or reduced their stakes in CHD. YANKCOM Partnership bought a new stake in Church & Dwight in the fourth quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight in the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC bought a new stake in Church & Dwight in the third quarter worth $28,000. Versant Capital Management Inc increased its position in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after buying an additional 184 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in Church & Dwight by 44.8% during the third quarter. Venturi Wealth Management LLC now owns 559 shares of the company’s stock valued at $59,000 after buying an additional 173 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insiders Place Their Bets

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the transaction, the chief accounting officer now directly owns 400 shares in the company, valued at $44,976. This represents a 95.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the sale, the executive vice president now owns 10,325 shares in the company, valued at $1,158,361.75. This represents a 81.38 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 102,422 shares of company stock worth $11,424,351 over the last quarter. Company insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on CHD shares. Wells Fargo & Company upped their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Royal Bank of Canada restated a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. JPMorgan Chase & Co. upped their price objective on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a report on Thursday, January 16th. Finally, Piper Sandler dropped their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $111.53.

Church & Dwight Trading Down 0.5 %

Church & Dwight stock opened at $104.49 on Tuesday. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50. The stock has a market cap of $25.60 billion, a price-to-earnings ratio of 44.09, a price-to-earnings-growth ratio of 3.35 and a beta of 0.59. The business has a 50 day moving average price of $105.87 and a two-hundred day moving average price of $104.39. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share 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 in the prior year, the company earned $0.65 EPS. As a group, equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is 47.68%.

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.