28,100 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Purchased by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. acquired a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 28,100 shares of the company's stock, valued at approximately $2,942,000.

Several other institutional investors have also added to or reduced their stakes in CHD. ProShare Advisors LLC boosted its stake in shares of Church & Dwight by 3.8% during the fourth quarter. ProShare Advisors LLC now owns 1,864,115 shares of the company's stock valued at $195,191,000 after purchasing an additional 68,896 shares during the period. Quantinno Capital Management LP boosted its position in Church & Dwight by 21.9% in the 4th quarter. Quantinno Capital Management LP now owns 39,292 shares of the company's stock valued at $4,114,000 after buying an additional 7,070 shares during the period. Mufg Securities Americas Inc. bought a new position in Church & Dwight in the 4th quarter worth about $379,000. Nissay Asset Management Corp Japan ADV increased its position in shares of Church & Dwight by 0.6% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 30,843 shares of the company's stock worth $3,268,000 after acquiring an additional 193 shares during the period. Finally, Nomura Holdings Inc. raised its stake in shares of Church & Dwight by 44.9% during the fourth quarter. Nomura Holdings Inc. now owns 18,266 shares of the company's stock valued at $1,913,000 after acquiring an additional 5,662 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

Insider Transactions at Church & Dwight

In other Church & Dwight news, CEO Richard A. Dierker bought 7,950 shares of the firm's stock in a transaction on Tuesday, May 13th. The shares were acquired at an average cost of $94.66 per share, with a total value of $752,547.00. Following the purchase, the chief executive officer now directly owns 16,358 shares of the company's stock, valued at $1,548,448.28. This trade represents a 94.55% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Michael Read acquired 3,000 shares of the stock in a transaction on Friday, May 9th. The shares were bought at an average cost of $92.07 per share, for a total transaction of $276,210.00. Following the purchase, the executive vice president now directly owns 5,505 shares of the company's stock, valued at $506,845.35. The trade was a 119.76% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 80,230 shares of company stock valued at $8,903,734. Corporate insiders own 2.00% of the company's stock.

Analyst Ratings Changes

CHD has been the topic of several research reports. Piper Sandler reduced their price objective on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. TD Cowen lowered Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 target price on the stock. in a research report on Tuesday, May 6th. Stifel Nicolaus raised their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a report on Monday, February 3rd. Wells Fargo & Company raised their price objective on Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 2nd. Finally, Royal Bank of Canada decreased their target price on shares of Church & Dwight from $105.00 to $100.00 and set a "sector perform" rating for the company in a research report on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $109.13.

Church & Dwight Stock Performance

CHD opened at $95.92 on Friday. The company has a market cap of $23.62 billion, a price-to-earnings ratio of 40.47, a PEG ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a 52-week low of $90.99 and a 52-week high of $116.46. The firm's fifty day simple moving average is $102.30 and its two-hundred day simple moving average is $105.26. 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 - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.02. The business had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.52 billion. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. The business's revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.96 earnings per share. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is 50.64%.

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.

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