3,091 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Acquired by iSAM Funds UK Ltd

iSAM Funds UK Ltd acquired a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,091 shares of the company's stock, valued at approximately $324,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CHD. American Century Companies Inc. increased its holdings in shares of Church & Dwight by 0.5% in the fourth quarter. American Century Companies Inc. now owns 1,426,177 shares of the company's stock valued at $149,335,000 after purchasing an additional 6,425 shares during the period. JPMorgan Chase & Co. boosted its holdings in Church & Dwight by 19.4% in the 4th quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock valued at $768,157,000 after purchasing an additional 1,190,154 shares in the last quarter. Merit Financial Group LLC grew its holdings in Church & Dwight by 131.0% during the fourth quarter. Merit Financial Group LLC now owns 5,769 shares of the company's stock worth $604,000 after acquiring an additional 3,272 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Church & Dwight in the 4th quarter valued at about $76,565,000. Finally, LPL Financial LLC lifted its position in shares of Church & Dwight by 13.4% during the 4th quarter. LPL Financial LLC now owns 184,133 shares of the company's stock valued at $19,281,000 after acquiring an additional 21,742 shares during the period. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Trading Up 0.8%

CHD traded up $0.79 during mid-day trading on Monday, hitting $96.00. The stock had a trading volume of 1,816,045 shares, compared to its average volume of 1,664,138. Church & Dwight Co., Inc. has a 1-year low of $90.99 and a 1-year high of $116.46. The firm has a market capitalization of $23.64 billion, a price-to-earnings ratio of 40.51, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The stock's fifty day simple moving average is $101.01 and its 200-day simple moving average is $105.06.

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

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be given a $0.295 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.18 annualized dividend and a yield of 1.23%. Church & Dwight's dividend payout ratio is currently 50.64%.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read bought 3,000 shares of Church & Dwight stock in a transaction that occurred on Friday, May 9th. The stock was acquired at an average price of $92.07 per share, for a total transaction of $276,210.00. Following the completion of the acquisition, the executive vice president now owns 5,505 shares of the company's stock, valued at $506,845.35. This trade represents a 119.76% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now directly owns 6,437 shares in the company, valued at $707,941.26. This trade represents a 63.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 80,230 shares of company stock valued at $8,903,734. Company insiders own 2.00% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on CHD. Wells Fargo & Company raised their target price on shares of Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Wednesday, April 2nd. JPMorgan Chase & Co. cut their price objective on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research report on Friday, April 11th. Wall Street Zen lowered Church & Dwight from a "hold" rating to a "sell" rating in a research note on Tuesday, May 20th. Piper Sandler dropped their price target on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. Finally, Royal Bank of Canada reduced their price objective on Church & Dwight from $105.00 to $100.00 and set a "sector perform" rating on the stock in a research report on Friday, May 2nd. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $109.13.

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.