Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 348,516 Church & Dwight Co., Inc. (NYSE:CHD)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 348,516 shares of the company's stock, valued at approximately $36,493,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.14% of Church & Dwight as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. YANKCOM Partnership bought a new position in Church & Dwight in the 4th quarter worth approximately $25,000. Bernard Wealth Management Corp. bought a new stake in shares of Church & Dwight in the fourth quarter worth about $40,000. Bank of Jackson Hole Trust purchased a new stake in Church & Dwight in the fourth quarter worth about $43,000. Banque Transatlantique SA bought a new stake in shares of Church & Dwight during the 4th quarter valued at $46,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Church & Dwight during the fourth quarter valued at approximately $51,000. Institutional investors own 86.60% of the company's stock.

Insider Activity at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares of the company's stock, valued at $1,217,442.06. This trade represents a 83.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Carlen Hooker sold 3,000 shares of Church & Dwight stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $98.05, for a total transaction of $294,150.00. Following the completion of the sale, the executive vice president now owns 262 shares in the company, valued at $25,689.10. The trade was a 91.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 83,230 shares of company stock valued at $9,197,884. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently weighed in on CHD. Barclays reduced their price target on shares of Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a research report on Friday, May 2nd. TD Cowen cut shares of Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 target price on the stock. in a research note on Tuesday, May 6th. Royal Bank of Canada dropped their price objective on shares of Church & Dwight from $105.00 to $100.00 and set a "sector perform" rating for the company in a report on Friday, May 2nd. Piper Sandler dropped their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Finally, Oppenheimer decreased their price objective on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $109.13.

Church & Dwight Stock Up 0.3%

Shares of CHD traded up $0.31 during mid-day trading on Friday, reaching $98.45. 4,911,224 shares of the stock traded hands, compared to its average volume of 1,688,871. 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 stock has a fifty day simple moving average of $100.08 and a 200 day simple moving average of $104.76. The firm has a market cap of $24.25 billion, a price-to-earnings ratio of 41.54, a P/E/G ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a 12-month low of $90.99 and a 12-month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.02. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.52 billion. During the same quarter last year, the company posted $0.96 earnings per share. Church & Dwight's revenue was down 2.4% on a year-over-year basis. Sell-side analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is presently 50.64%.

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 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.