North Point Portfolio Managers Corp OH Decreases Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

North Point Portfolio Managers Corp OH lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,365 shares of the company’s stock after selling 3,110 shares during the period. Church & Dwight accounts for approximately 2.3% of North Point Portfolio Managers Corp OH’s investment portfolio, making the stock its 17th largest holding. North Point Portfolio Managers Corp OH owned about 0.05% of Church & Dwight worth $13,232,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight in the 3rd quarter worth $27,000. Ashton Thomas Securities LLC acquired a new stake in Church & Dwight in the third quarter worth about $28,000. Versant Capital Management Inc grew its stake in shares of Church & Dwight by 224.4% during the fourth 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 last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Church & Dwight during the second quarter worth about $33,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Church & Dwight during the second quarter valued at about $46,000. 86.60% of the stock is currently owned by institutional investors.

Insider Activity

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the sale, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. This represents a 95.11 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael Read bought 1,100 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was acquired at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 593,035 shares of company stock worth $62,282,808 over the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CHD has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Barclays boosted their price objective on shares of Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a report on Friday, January 17th. TD Cowen lifted their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Wells Fargo & Company increased their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, JPMorgan Chase & Co. lifted their target price on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a report on Thursday, January 16th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $110.61.

Church & Dwight Trading Up 0.0 %

Shares of Church & Dwight stock opened at $106.31 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The firm has a 50-day simple moving average of $106.71 and a two-hundred day simple moving average of $104.07. The company has a market cap of $26.05 billion, a P/E ratio of 47.67, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the previous year, the business earned $0.74 earnings per share. The business’s revenue was up 3.8% compared to the same quarter last year. As a group, equities analysts predict that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date was Friday, November 15th. Church & Dwight’s dividend payout ratio is presently 50.67%.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.