Mirabella Financial Services LLP Buys 10,298 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Mirabella Financial Services LLP raised its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 328.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,433 shares of the company's stock after acquiring an additional 10,298 shares during the quarter. Mirabella Financial Services LLP's holdings in Church & Dwight were worth $1,406,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. YANKCOM Partnership bought a new stake in shares of Church & Dwight in the 4th quarter valued at $25,000. Versant Capital Management Inc lifted its position in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after buying an additional 184 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Church & Dwight in the fourth quarter valued at approximately $39,000. Bernard Wealth Management Corp. bought a new stake in Church & Dwight during the fourth quarter worth $40,000. Finally, Bank of Jackson Hole Trust bought a new position in Church & Dwight during the fourth quarter valued at about $43,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. UBS Group increased their price target on Church & Dwight from $109.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Bank of America upgraded shares of Church & Dwight from a "neutral" rating to a "buy" rating and raised their price objective for the company from $112.00 to $125.00 in a research report on Tuesday, April 15th. Stifel Nicolaus boosted their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. Finally, Wells Fargo & Company increased 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. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $112.13.

Church & Dwight Trading Down 1.1 %

Shares of CHD traded down $1.11 during trading hours on Friday, reaching $99.10. 2,777,225 shares of the company traded hands, compared to its average volume of 1,543,295. The company's fifty day moving average price is $106.84 and its two-hundred day moving average price is $106.10. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $24.39 billion, a price-to-earnings ratio of 41.81, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period last year, the business posted $0.65 earnings per share. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.19%. The ex-dividend date was Friday, February 14th. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's payout ratio is currently 49.79%.

Insider Transactions at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the transaction, the executive vice president now directly owns 6,437 shares of the company's stock, valued at $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the transaction, the executive vice president now directly owns 10,497 shares in the company, valued at $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 65,570 shares of company stock worth $7,538,449. Corporate 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.