Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Alps Advisors Inc.

Alps Advisors Inc. trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 42.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,532 shares of the company's stock after selling 3,340 shares during the quarter. Alps Advisors Inc.'s holdings in Church & Dwight were worth $499,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its position in Church & Dwight by 89.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 53,164 shares of the company's stock worth $5,567,000 after buying an additional 25,080 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Church & Dwight by 0.5% during the 4th quarter. American Century Companies Inc. now owns 1,426,177 shares of the company's stock worth $149,335,000 after purchasing an additional 6,425 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Church & Dwight by 19.4% during the fourth quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock valued at $768,157,000 after buying an additional 1,190,154 shares during the period. LPL Financial LLC grew its stake in shares of Church & Dwight by 13.4% during the fourth quarter. LPL Financial LLC now owns 184,133 shares of the company's stock valued at $19,281,000 after buying an additional 21,742 shares during the last quarter. Finally, Penserra Capital Management LLC raised its holdings in shares of Church & Dwight by 1,201.4% in the first quarter. Penserra Capital Management LLC now owns 8,342 shares of the company's stock worth $918,000 after buying an additional 7,701 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Up 0.8%

Shares of NYSE CHD traded up $0.74 during trading hours on Thursday, hitting $97.05. 1,271,004 shares of the stock were exchanged, compared to its average volume of 1,768,676. The company has a market cap of $23.90 billion, a PE ratio of 41.65, a PEG ratio of 3.83 and a beta of 0.51. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.48. The firm has a fifty day moving average price of $96.89 and a 200-day moving average price of $102.34.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly 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. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.52 billion. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. The business's quarterly revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.96 earnings per share. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.22%. The ex-dividend date was Thursday, May 15th. Church & Dwight's dividend payout ratio is presently 50.64%.

Wall Street Analyst Weigh In

CHD has been the subject of a number of recent analyst reports. Wells Fargo & Company boosted their price objective on Church & Dwight from $105.00 to $108.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Bank of America raised shares of Church & Dwight from a "neutral" rating to a "buy" rating and boosted their target price for the company from $112.00 to $125.00 in a research note on Tuesday, April 15th. Truist Financial set a $110.00 price target on shares of Church & Dwight and gave the stock a "buy" rating in a research note on Friday, June 6th. Royal Bank Of Canada raised shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from $100.00 to $114.00 in a research report on Monday, June 2nd. Finally, TD Cowen lowered 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 report on Tuesday, May 6th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $104.44.

Insider Buying and Selling at Church & Dwight

In related news, EVP Carlen Hooker sold 6,380 shares of Church & Dwight stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $98.30, for a total value of $627,154.00. Following the completion of the sale, the executive vice president directly owned 262 shares in the company, valued at $25,754.60. This trade represents a 96.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Penry W. Price sold 14,660 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $93.13, for a total transaction of $1,365,285.80. Following the completion of the transaction, the director directly owned 27,043 shares of the company's stock, valued at approximately $2,518,514.59. This represents a 35.15% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 50,575 shares of company stock valued at $4,910,586. Insiders own 2.00% of the company's stock.

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.