Two Sigma Securities LLC Takes Position in Church & Dwight Co., Inc. (NYSE:CHD)

Two Sigma Securities LLC acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,841 shares of the company's stock, valued at approximately $612,000.

A number of other institutional investors also recently bought and sold shares of CHD. YANKCOM Partnership acquired a new stake in shares of Church & Dwight during the fourth quarter worth $25,000. Versant Capital Management Inc lifted its position in 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 acquiring an additional 184 shares during the period. Strategic Financial Concepts LLC purchased a new stake in Church & Dwight during the 4th quarter valued at about $39,000. Bernard Wealth Management Corp. acquired a new position in shares of Church & Dwight in the fourth quarter valued at about $40,000. Finally, Bank of Jackson Hole Trust purchased a new position in shares of Church & Dwight in the fourth quarter worth about $43,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Church & Dwight Price Performance

CHD stock traded down $6.48 during mid-day trading on Thursday, reaching $92.86. The company's stock had a trading volume of 2,423,725 shares, compared to its average volume of 1,564,222. The stock has a market cap of $22.85 billion, a PE ratio of 39.17, a P/E/G ratio of 3.32 and a beta of 0.55. The company's 50 day moving average is $106.51 and its two-hundred day moving average is $106.07. Church & Dwight Co., Inc. has a fifty-two week low of $91.88 and a fifty-two week high of $116.46. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.02. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.52 billion. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. The firm's revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.96 earnings per share. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The company 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 dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.27%. Church & Dwight's payout ratio is currently 49.79%.

Insiders Place Their Bets

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction dated 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 sale, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Rene Hemsey sold 11,060 shares of the company's stock in a transaction dated 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 in the company, valued at $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 65,570 shares of company stock valued at $7,538,449 over the last ninety days. Company insiders own 2.00% of the company's stock.

Analysts Set New Price Targets

CHD has been the topic of several research reports. Oppenheimer cut their price target on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a report on Monday. UBS Group raised their target price on shares of Church & Dwight from $109.00 to $110.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th. JPMorgan Chase & Co. reduced their price objective on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research note on Friday, April 11th. Piper Sandler lowered their target price on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. Finally, Stifel Nicolaus lifted their price target on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $112.29.

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.