Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Tributary Capital Management LLC

Tributary Capital Management LLC lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,080 shares of the company’s stock after selling 230 shares during the quarter. Tributary Capital Management LLC’s holdings in Church & Dwight were worth $427,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fifth Third Bancorp grew its position in shares of Church & Dwight by 1.0% during the fourth quarter. Fifth Third Bancorp now owns 13,387 shares of the company’s stock worth $1,402,000 after acquiring an additional 132 shares during the last quarter. Crown Oak Advisors LLC grew its position in shares of Church & Dwight by 7.9% during the fourth quarter. Crown Oak Advisors LLC now owns 112,543 shares of the company’s stock worth $11,784,000 after acquiring an additional 8,245 shares during the last quarter. Apeiron RIA LLC grew its position in shares of Church & Dwight by 3.9% during the fourth quarter. Apeiron RIA LLC now owns 4,183 shares of the company’s stock worth $438,000 after acquiring an additional 158 shares during the last quarter. Endeavor Private Wealth Inc. purchased a new position in shares of Church & Dwight during the fourth quarter worth approximately $84,000. Finally, Janney Montgomery Scott LLC grew its position in shares of Church & Dwight by 3.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 138,158 shares of the company’s stock worth $14,467,000 after acquiring an additional 5,137 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Trading Up 0.0 %

NYSE:CHD opened at $106.31 on Friday. The company has a market capitalization of $26.05 billion, a PE ratio of 47.67, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. Church & Dwight Co., Inc. has a 52-week low of $96.09 and a 52-week high of $113.50. The stock has a fifty day simple moving average of $106.71 and a 200-day simple moving average of $104.08.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The firm 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 company posted $0.74 EPS. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities research analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s payout ratio is 50.67%.

Wall Street Analysts Forecast Growth

CHD has been the topic of a number of research reports. Stifel Nicolaus lowered their target price on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research report on Friday, January 17th. JPMorgan Chase & Co. lifted their price objective 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. Barclays lifted their price objective 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. Piper Sandler lifted their price objective on shares of Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $110.61.

Insider Activity at Church & Dwight

In related news, CEO Matthew Farrell sold 165,823 shares of the business’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the transaction, the chief accounting officer now directly owns 400 shares of the company’s stock, valued at $44,976. The trade was a 95.11 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 593,035 shares of company stock valued at $62,282,808. 2.00% of the stock is owned by insiders.

About Church & Dwight

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.