McCollum Christoferson Group LLC Sells 290 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

McCollum Christoferson Group LLC decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 82,730 shares of the company’s stock after selling 290 shares during the period. Church & Dwight makes up about 2.6% of McCollum Christoferson Group LLC’s portfolio, making the stock its 16th biggest holding. McCollum Christoferson Group LLC’s holdings in Church & Dwight were worth $8,663,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CHD. YANKCOM Partnership acquired a new position in Church & Dwight during the fourth quarter worth about $25,000. Versant Capital Management Inc lifted its stake in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in Church & Dwight in the fourth quarter valued at approximately $39,000. Bank of Jackson Hole Trust bought a new stake in shares of Church & Dwight during the fourth quarter worth $43,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Church & Dwight during the fourth quarter worth $51,000. 86.60% of the stock is owned by institutional investors.

Insider Transactions at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the transaction, the executive vice president now owns 6,437 shares of the company’s stock, valued at $707,941.26. This represents a 63.21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock valued at $7,538,449 in the last quarter. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $107.04 on Monday. The company has a market capitalization of $26.33 billion, a PE ratio of 45.16, a P/E/G ratio of 3.32 and a beta of 0.57. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The firm has a fifty day simple moving average of $107.42 and a 200 day simple moving average of $105.88.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period last year, the firm posted $0.65 earnings per share. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.10%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s dividend payout ratio is presently 49.79%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Piper Sandler cut their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. JPMorgan Chase & Co. cut their price target on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research note on Friday, February 21st. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Stifel Nicolaus lifted their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. Finally, Barclays boosted their target price 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. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $111.56.

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