Pacific Point Advisors LLC Invests $1.29 Million in Church & Dwight Co., Inc. (NYSE:CHD)

Pacific Point Advisors LLC acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 12,138 shares of the company's stock, valued at approximately $1,286,000.

Other hedge funds have also recently added to or reduced their stakes in the company. YANKCOM Partnership acquired a new position in Church & Dwight in the 4th quarter valued at $25,000. Strategic Financial Concepts LLC acquired a new stake in shares of Church & Dwight in the 4th quarter worth $39,000. Bernard Wealth Management Corp. acquired a new stake in shares of Church & Dwight in the 4th quarter worth $40,000. Bank of Jackson Hole Trust acquired a new stake in shares of Church & Dwight in the 4th quarter worth $43,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Church & Dwight in the 4th quarter worth $46,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CEO Richard A. Dierker purchased 7,950 shares of Church & Dwight stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average price of $94.66 per share, for a total transaction of $752,547.00. Following the completion of the acquisition, the chief executive officer now owns 16,358 shares of the company's stock, valued at approximately $1,548,448.28. This trade represents a 94.55% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the transaction, the executive vice president now owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. This represents a 83.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 80,230 shares of company stock valued at $8,903,734 in the last 90 days. 2.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on CHD shares. UBS Group cut their target price on Church & Dwight from $110.00 to $102.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. TD Cowen cut Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price target for the company. in a report on Tuesday, May 6th. Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and increased their price target for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. Truist Financial increased their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, February 3rd. Finally, Barclays dropped their target price on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a research report on Friday, May 2nd. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $109.13.

Church & Dwight Price Performance

NYSE CHD opened at $95.27 on Friday. Church & Dwight Co., Inc. has a twelve month low of $90.99 and a twelve month high of $116.46. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The stock has a market capitalization of $23.46 billion, a PE ratio of 40.20, a P/E/G ratio of 3.32 and a beta of 0.55. The stock has a 50-day simple moving average of $101.23 and a 200 day simple moving average of $105.10.

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

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.24%. The ex-dividend date is Thursday, May 15th. Church & Dwight's payout ratio is presently 50.64%.

Church & Dwight Company 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.

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