Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. increased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,798 shares of the company’s stock after purchasing an additional 724 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Church & Dwight were worth $13,174,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Metis Global Partners LLC lifted its stake in Church & Dwight by 4.9% during the third quarter. Metis Global Partners LLC now owns 20,965 shares of the company’s stock valued at $2,195,000 after purchasing an additional 987 shares during the last quarter. KBC Group NV grew its holdings in shares of Church & Dwight by 48.2% during the third quarter. KBC Group NV now owns 103,409 shares of the company’s stock valued at $10,829,000 after buying an additional 33,614 shares in the last quarter. Plato Investment Management Ltd grew its stake in Church & Dwight by 263.5% during the 3rd quarter. Plato Investment Management Ltd now owns 1,127 shares of the company’s stock valued at $118,000 after acquiring an additional 817 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in Church & Dwight by 0.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock valued at $3,358,000 after buying an additional 104 shares during the period. Finally, Empower Advisory Group LLC acquired a new position in shares of Church & Dwight in the third quarter worth $216,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Activity

In other news, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,613,438.57. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other Church & Dwight news, Director Bradley C. Irwin sold 13,200 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total value of $1,418,208.00. Following the transaction, the director now directly owns 37,169 shares in the company, valued at $3,993,437.36. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 490,613 shares of company stock worth $50,858,457. 2.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on CHD shares. TD Cowen increased their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Truist Financial reduced their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Morgan Stanley downgraded shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a research report on Monday, September 9th. Evercore ISI reduced their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. Finally, Stifel Nicolaus lowered their price objective on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $108.53.

Church & Dwight Stock Performance

Shares of NYSE:CHD traded up $0.15 on Thursday, hitting $107.41. 30,381 shares of the company were exchanged, compared to its average volume of 1,380,928. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The company’s 50 day moving average price is $103.36 and its two-hundred day moving average price is $104.02. Church & Dwight Co., Inc. has a one year low of $90.26 and a one year high of $110.31. The firm has a market capitalization of $26.32 billion, a price-to-earnings ratio of 48.10, a PEG ratio of 3.95 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the prior year, the firm posted $0.74 EPS. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. Research analysts expect that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

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.