Fisher Asset Management LLC Sells 410 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Fisher Asset Management LLC lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,359 shares of the company’s stock after selling 410 shares during the quarter. Fisher Asset Management LLC’s holdings in Church & Dwight were worth $2,209,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CHD. Chilton Capital Management LLC raised its stake in shares of Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the period. Annapolis Financial Services LLC lifted its stake in Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after acquiring an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. acquired a new position in Church & Dwight during the 3rd quarter worth approximately $38,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of Church & Dwight during the 4th quarter worth approximately $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its holdings in shares of Church & Dwight by 74.7% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock valued at $65,000 after purchasing an additional 293 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at approximately $451,551.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $105.47, for a total transaction of $817,603.44. Following the completion of the transaction, the director now owns 25,692 shares in the company, valued at $2,709,735.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the sale, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. Insiders have sold 371,524 shares of company stock valued at $38,491,358 over the last 90 days. 1.40% of the stock is owned by corporate insiders.

Church & Dwight Stock Performance

Shares of NYSE CHD opened at $106.79 on Thursday. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $108.68. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.82. The firm has a market cap of $26.11 billion, a price-to-earnings ratio of 33.90, a P/E/G ratio of 3.47 and a beta of 0.51. The stock’s fifty day moving average price is $103.92 and its two-hundred day moving average price is $98.11.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. Church & Dwight’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $0.85 earnings per share. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is currently 35.87%.

Analyst Upgrades and Downgrades

CHD has been the subject of a number of analyst reports. Barclays decreased their target price on shares of Church & Dwight from $83.00 to $82.00 and set an “underweight” rating for the company in a research report on Monday. Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, May 3rd. HSBC boosted their price target on Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” rating in a research report on Friday, May 3rd. Argus raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a research report on Friday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $105.56.

Church & Dwight Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.