Norden Group LLC Has $1.56 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Norden Group LLC boosted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 10.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,855 shares of the company’s stock after buying an additional 1,348 shares during the quarter. Norden Group LLC’s holdings in Church & Dwight were worth $1,555,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CHD. YANKCOM Partnership acquired a new position in Church & Dwight in the 4th quarter valued at $25,000. Capital Performance Advisors LLP bought a new position in shares of Church & Dwight during the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight during the 3rd quarter worth about $28,000. Versant Capital Management Inc lifted its holdings 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 acquiring an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC bought a new position in Church & Dwight during the 4th quarter valued at about $39,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the transaction, the executive vice president now directly owns 4,973 shares in the company, valued at $556,976. The trade was a 88.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was bought at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 49,522 shares of company stock worth $5,487,555 over the last ninety days. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

CHD has been the subject of several analyst reports. Truist Financial lifted their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. TD Cowen raised their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. lowered their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a report on Monday, February 3rd. Finally, Barclays lifted their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven 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 a consensus price target of $111.56.

Church & Dwight Price Performance

Shares of CHD opened at $111.32 on Friday. The company has a market cap of $27.38 billion, a price-to-earnings ratio of 46.97, a PEG ratio of 3.32 and a beta of 0.59. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $113.50. The company’s fifty day simple moving average is $105.71 and its 200 day simple moving average is $105.00. 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 (NYSE:CHD) last issued its 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 business earned $0.65 EPS. On average, research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be 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 1.06%. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s payout ratio is currently 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.