Dorsey & Whitney Trust CO LLC Has $1.52 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Dorsey & Whitney Trust CO LLC lessened its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 21.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 14,532 shares of the company’s stock after selling 4,082 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Church & Dwight were worth $1,522,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bank Julius Baer & Co. Ltd Zurich raised its position in Church & Dwight by 7.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 12,214 shares of the company’s stock worth $1,411,000 after purchasing an additional 842 shares in the last quarter. West Family Investments Inc. grew its stake in shares of Church & Dwight by 45.9% during the fourth quarter. West Family Investments Inc. now owns 5,000 shares of the company’s stock valued at $524,000 after purchasing an additional 1,572 shares during the last quarter. Callan Family Office LLC lifted its holdings in Church & Dwight by 119.3% in the fourth quarter. Callan Family Office LLC now owns 4,582 shares of the company’s stock valued at $480,000 after buying an additional 2,493 shares during the period. Raymond James Financial Inc. acquired a new position in Church & Dwight in the fourth quarter valued at approximately $76,565,000. Finally, Arizona State Retirement System lifted its holdings in Church & Dwight by 1.5% in the fourth quarter. Arizona State Retirement System now owns 71,107 shares of the company’s stock valued at $7,446,000 after buying an additional 1,051 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $112.48 on Friday. The company has a 50 day moving average of $106.23 and a 200-day moving average of $105.38. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $114.60. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The company has a market cap of $27.67 billion, a PE ratio of 47.46, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period in the prior year, the business posted $0.65 earnings per share. As a group, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were paid a $0.295 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.05%. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Activity at Church & Dwight

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $106.11, for a total value of $1,061,100.00. Following the completion of the transaction, the director now directly owns 32,500 shares in the company, valued at approximately $3,448,575. This represents a 23.53 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Michael Read purchased 1,100 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the transaction, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 10,002 shares of company stock valued at $1,061,315 in the last quarter. Insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on CHD shares. Stifel Nicolaus increased their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Barclays raised their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a report on Tuesday, February 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. JPMorgan Chase & Co. decreased their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. Finally, Piper Sandler decreased their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Church & Dwight presently has a consensus rating of “Hold” and an average target price of $111.56.

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.