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

Cambridge Investment Research Advisors Inc. cut its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 23.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,168 shares of the company's stock after selling 18,522 shares during the quarter. Cambridge Investment Research Advisors Inc.'s holdings in Church & Dwight were worth $6,844,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in CHD. IAG Wealth Partners LLC increased its position in Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after purchasing an additional 130 shares during the period. Bernard Wealth Management Corp. bought a new stake in Church & Dwight during the 4th quarter valued at about $40,000. Versant Capital Management Inc lifted its position in Church & Dwight by 42.1% in the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after acquiring an additional 112 shares in the last quarter. Banque Transatlantique SA bought a new stake in Church & Dwight in the 4th quarter worth about $46,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in Church & Dwight by 50.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 575 shares of the company's stock valued at $60,000 after purchasing an additional 193 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Buying and Selling at Church & Dwight

In other news, Director Penry W. Price sold 14,660 shares of Church & Dwight stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $93.13, for a total value of $1,365,285.80. Following the completion of the transaction, the director now owns 27,043 shares in the company, valued at approximately $2,518,514.59. This trade represents a 35.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Read acquired 3,000 shares of the stock in a transaction dated Friday, May 9th. The shares were acquired at an average cost of $92.07 per share, with a total value of $276,210.00. Following the completion of the transaction, the executive vice president now owns 5,505 shares in the company, valued at approximately $506,845.35. This represents a 119.76% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 50,575 shares of company stock worth $4,910,586. Company insiders own 2.00% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CHD shares. Wells Fargo & Company boosted their price objective on shares of Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Wednesday, April 2nd. Cowen downgraded Church & Dwight from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Wall Street Zen upgraded shares of Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Morgan Stanley decreased their price target on shares of Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating on the stock in a research note on Monday, May 5th. Finally, Truist Financial set a $110.00 target price on shares of Church & Dwight and gave the stock a "buy" rating in a report on Friday, June 6th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $108.29.

Church & Dwight Trading Down 0.1%

Shares of NYSE:CHD traded down $0.13 during trading on Friday, reaching $94.84. 3,093,647 shares of the company were exchanged, compared to its average volume of 1,764,965. The business's fifty day simple moving average is $97.06 and its 200-day simple moving average is $103.16. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.95 and a quick ratio of 1.43. Church & Dwight Co., Inc. has a 12-month low of $90.99 and a 12-month high of $116.46. The firm has a market capitalization of $23.36 billion, a PE ratio of 40.71, a P/E/G ratio of 3.82 and a beta of 0.52.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.02. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the company posted $0.96 EPS. Church & Dwight's revenue was down 2.4% on a year-over-year basis. On average, research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend was Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is 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.