Global X Japan Co. Ltd. Has $531,000 Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Global X Japan Co. Ltd. boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 20.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,069 shares of the company’s stock after buying an additional 865 shares during the period. Global X Japan Co. Ltd.’s holdings in Church & Dwight were worth $531,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CHD. YANKCOM Partnership purchased a new stake in Church & Dwight in the 4th quarter worth about $25,000. Capital Performance Advisors LLP bought a new stake in Church & Dwight during the third quarter worth approximately $27,000. Ashton Thomas Securities LLC acquired a new position in Church & Dwight in the 3rd quarter valued at $28,000. Versant Capital Management Inc lifted 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 worth $28,000 after purchasing an additional 184 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in Church & Dwight in the 4th quarter valued at approximately $39,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In other news, Director Bradley C. Irwin sold 13,200 shares of Church & Dwight stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total value of $1,418,208.00. Following the sale, the director now directly owns 37,169 shares in the company, valued at $3,993,437.36. This trade represents a 26.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael Read bought 1,100 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was acquired at an average cost of $106.82 per share, with a total value of $117,502.00. Following the transaction, the executive vice president now 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 sold 115,622 shares of company stock valued at $12,842,559 over the last quarter. Corporate insiders own 1.40% of the company’s stock.

Church & Dwight Price Performance

CHD opened at $105.32 on Friday. The stock has a market cap of $25.80 billion, a P/E ratio of 44.44, a P/E/G ratio of 3.28 and a beta of 0.59. Church & Dwight Co., Inc. has a 12 month low of $96.09 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 has a fifty day simple moving average of $106.07 and a 200 day simple moving average of $104.30.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter last year, the company earned $0.65 EPS. On average, research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is 47.68%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Piper Sandler lowered their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research note on Monday. TD Cowen boosted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Truist Financial upped their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday. Stifel Nicolaus boosted their price target on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft upped 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. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $111.53.

About Church & Dwight

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.