YHB Investment Advisors Inc. Reduces Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

YHB Investment Advisors Inc. lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 3.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 45,787 shares of the company’s stock after selling 1,525 shares during the period. YHB Investment Advisors Inc.’s holdings in Church & Dwight were worth $4,794,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CHD. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight in the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Church & Dwight in the third quarter valued at about $28,000. Versant Capital Management Inc increased its position in 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 purchasing an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Church & Dwight during the second quarter worth about $33,000. Finally, Kimelman & Baird LLC acquired a new position in Church & Dwight in the 2nd quarter valued at about $46,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insiders Place Their Bets

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the sale, the director now owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. This trade represents a 61.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Read bought 1,100 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the transaction, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 593,035 shares of company stock valued at $62,282,808 in the last ninety days. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Performance

Shares of CHD opened at $109.32 on Tuesday. Church & Dwight Co., Inc. has a 1 year low of $96.09 and a 1 year high of $113.50. The stock has a market capitalization of $26.78 billion, a PE ratio of 49.02, a PEG ratio of 3.29 and a beta of 0.58. 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 stock has a 50-day simple moving average of $106.71 and a 200-day simple moving average of $104.07.

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

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.04%. The ex-dividend date was Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CHD. Stifel Nicolaus cut their price target on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a report on Friday, January 17th. Wells Fargo & Company raised their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. upped their price target on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research note on Thursday, January 16th. Piper Sandler raised their price objective on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Finally, Barclays upped their target price on shares of Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Church & Dwight presently has a consensus 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.