Nisa Investment Advisors LLC Has $7.53 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Nisa Investment Advisors LLC trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD) by 0.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 71,944 shares of the company’s stock after selling 212 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Church & Dwight were worth $7,533,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans grew its stake in Church & Dwight by 5.6% in the second quarter. Thrivent Financial for Lutherans now owns 28,628 shares of the company’s stock valued at $2,969,000 after purchasing an additional 1,529 shares in the last quarter. Public Sector Pension Investment Board raised its position in shares of Church & Dwight by 69.7% in the second quarter. Public Sector Pension Investment Board now owns 9,448 shares of the company’s stock valued at $980,000 after purchasing an additional 3,882 shares during the period. Evergreen Capital Management LLC lifted its position in Church & Dwight by 6.2% during the second quarter. Evergreen Capital Management LLC now owns 3,840 shares of the company’s stock worth $398,000 after acquiring an additional 225 shares during the last quarter. Bank of Montreal Can lifted its holdings in Church & Dwight by 13.6% during the 2nd quarter. Bank of Montreal Can now owns 258,927 shares of the company’s stock worth $27,221,000 after purchasing an additional 31,035 shares during the last quarter. Finally, Point72 DIFC Ltd acquired a new stake in shares of Church & Dwight during the second quarter worth $50,000. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of the business’s stock in a transaction 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 transaction, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. The trade was a 59.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Joseph James Longo sold 7,780 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares of the company’s stock, valued at approximately $44,976. This represents a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 593,035 shares of company stock worth $62,282,808. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Up 0.0 %

Church & Dwight stock opened at $106.31 on Friday. The firm has a market capitalization of $26.05 billion, a price-to-earnings ratio of 47.67, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. The firm’s fifty day moving average price is $106.77 and its two-hundred day moving average price is $104.08. Church & Dwight Co., Inc. has a 1-year low of $96.09 and a 1-year high of $113.50. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

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

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given 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 payout ratio is currently 50.67%.

Analysts Set New Price Targets

CHD has been the subject of several recent research reports. Wells Fargo & Company boosted their price target on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Stifel Nicolaus lowered their target price on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a report on Friday, January 17th. JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research report on Thursday, January 16th. Finally, TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $110.61.

Church & Dwight Company Profile

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.