Bryn Mawr Capital Management LLC Cuts Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Bryn Mawr Capital Management LLC lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 3.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 37,271 shares of the company’s stock after selling 1,202 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Church & Dwight were worth $3,524,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Chilton Capital Management LLC grew its holdings in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after buying an additional 110 shares in the last quarter. Annapolis Financial Services LLC grew its holdings in shares of Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after buying an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new stake in shares of Church & Dwight during the third quarter worth $38,000. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Church & Dwight during the fourth quarter worth $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Church & Dwight by 74.7% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock worth $65,000 after buying an additional 293 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Down 0.9 %

Shares of CHD traded down $0.93 during mid-day trading on Friday, hitting $106.32. 1,037,555 shares of the company’s stock were exchanged, compared to its average volume of 1,274,656. The stock’s 50-day moving average is $102.91 and its 200-day moving average is $97.11. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $108.10. The company has a market cap of $25.93 billion, a price-to-earnings ratio of 34.97, a P/E/G ratio of 3.59 and a beta of 0.53.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the firm posted $0.62 earnings per share. On average, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were given a dividend of $0.2838 per share. The ex-dividend date was Wednesday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio (DPR) is 37.17%.

Insider Transactions at Church & Dwight

In other news, Director Penry W. Price sold 7,752 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $98.29, for a total transaction of $761,944.08. Following the transaction, the director now directly owns 25,692 shares in the company, valued at $2,525,266.68. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CFO Richard A. Dierker sold 24,380 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at $790,958.74. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Penry W. Price sold 7,752 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $98.29, for a total value of $761,944.08. Following the sale, the director now directly owns 25,692 shares of the company’s stock, valued at $2,525,266.68. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 373,052 shares of company stock worth $38,603,796. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CHD shares. Bank of America upped their target price on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. Royal Bank of Canada boosted their price target on shares of Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a research report on Monday, February 5th. Stifel Nicolaus boosted their price target on shares of Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research report on Monday, February 5th. Truist Financial boosted their price target on shares of Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Finally, Oppenheimer boosted their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $104.07.

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.