Flossbach Von Storch AG Has $14.81 Million Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Flossbach Von Storch AG decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 40.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 156,652 shares of the company’s stock after selling 104,291 shares during the period. Flossbach Von Storch AG owned 0.06% of Church & Dwight worth $14,813,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Chilton Capital Management LLC increased its stake in Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the period. Koesten Hirschmann & Crabtree INC. bought a new stake in Church & Dwight in the third quarter valued at about $38,000. PSI Advisors LLC bought a new stake in Church & Dwight in the third quarter valued at about $39,000. Money Concepts Capital Corp increased its stake in Church & Dwight by 468.2% in the fourth quarter. Money Concepts Capital Corp now owns 625 shares of the company’s stock valued at $50,000 after acquiring an additional 515 shares during the period. Finally, McGlone Suttner Wealth Management Inc. bought a new stake in Church & Dwight in the fourth quarter valued at about $62,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Trading Up 0.2 %

NYSE:CHD traded up $0.20 during trading hours on Wednesday, hitting $103.45. The stock had a trading volume of 1,414,840 shares, compared to its average volume of 1,299,826. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $105.67. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. The company has a market cap of $25.23 billion, a price-to-earnings ratio of 34.03, a P/E/G ratio of 3.49 and a beta of 0.53. The business’s 50 day moving average is $101.84 and its 200-day moving average is $96.36.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.65. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.62 earnings per share. Sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were given a $0.2838 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.10%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio (DPR) is 37.17%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a research note on Thursday, January 18th. Truist Financial upped their price objective on shares of Church & Dwight from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Stifel Nicolaus upped their price objective on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a research note on Monday, February 5th. Barclays upped their target price on shares of Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. Finally, The Goldman Sachs Group started coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 target price on the stock. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $103.27.

Insider Activity at Church & Dwight

In related news, EVP Michael Read sold 4,500 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Michael Read sold 4,500 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Rene Hemsey sold 9,280 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now owns 6,373 shares of the company’s stock, valued at approximately $638,702.06. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 373,052 shares of company stock valued at $38,603,796. Corporate insiders own 1.40% of the company’s stock.

About Church & Dwight

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.