Simplicity Wealth LLC Acquires Shares of 12,060 Church & Dwight Co., Inc. (NYSE:CHD)

Simplicity Wealth LLC purchased a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 12,060 shares of the company's stock, valued at approximately $1,328,000.

Several other hedge funds have also made changes to their positions in CHD. Lake Street Advisors Group LLC increased its position in Church & Dwight by 3.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock worth $282,000 after purchasing an additional 97 shares in the last quarter. Advisory Alpha LLC lifted its holdings in Church & Dwight by 3.7% during the 1st quarter. Advisory Alpha LLC now owns 2,707 shares of the company's stock worth $298,000 after buying an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Church & Dwight by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock valued at $2,199,000 after acquiring an additional 103 shares during the last quarter. Whittier Trust Co. boosted its holdings in shares of Church & Dwight by 3.2% in the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock valued at $345,000 after buying an additional 103 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its holdings in shares of Church & Dwight by 0.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock worth $1,270,000 after purchasing an additional 110 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Price Performance

NYSE CHD traded down $0.53 during trading hours on Thursday, hitting $98.57. The company had a trading volume of 396,215 shares, compared to its average volume of 1,712,004. The firm has a 50 day simple moving average of $98.57 and a 200 day simple moving average of $104.15. Church & Dwight Co., Inc. has a 52 week low of $90.99 and a 52 week high of $116.46. The firm has a market capitalization of $24.28 billion, a price-to-earnings ratio of 41.59, a PEG ratio of 3.32 and a beta of 0.52. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.91 EPS for the quarter, beating 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 company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period last year, the business earned $0.96 earnings per share. Church & Dwight's revenue was down 2.4% compared to the same quarter last year. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were issued a dividend of $0.295 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.20%. Church & Dwight's payout ratio is 50.64%.

Insider Transactions at Church & Dwight

In other news, EVP Carlen Hooker sold 3,000 shares of the firm's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $98.05, for a total value of $294,150.00. Following the transaction, the executive vice president now owns 262 shares of the company's stock, valued at $25,689.10. This trade represents a 91.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the firm's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $99.00, for a total transaction of $1,451,340.00. Following the sale, the director now owns 13,747 shares in the company, valued at $1,360,953. The trade was a 51.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 44,195 shares of company stock valued at $4,283,432 in the last ninety days. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CHD has been the subject of a number of research reports. Wall Street Zen lowered Church & Dwight from a "hold" rating to a "sell" rating in a research report on Tuesday, May 20th. 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. 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. Oppenheimer decreased their price objective on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Finally, Royal Bank of Canada raised Church & Dwight from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $100.00 to $114.00 in a research note on Monday, June 2nd. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and an average target price of $108.67.

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.