Crews Bank & Trust Invests $479,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Crews Bank & Trust bought a new position in Church & Dwight Co., Inc. (NYSE:CHD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,570 shares of the company’s stock, valued at approximately $479,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Milestone Asset Management LLC bought a new position in Church & Dwight during the fourth quarter valued at approximately $1,041,000. Baader Bank Aktiengesellschaft lifted its position in Church & Dwight by 12.0% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 12,573 shares of the company’s stock valued at $1,316,000 after purchasing an additional 1,345 shares during the period. Swedbank AB lifted its position in Church & Dwight by 2.1% during the fourth quarter. Swedbank AB now owns 151,004 shares of the company’s stock valued at $15,812,000 after purchasing an additional 3,136 shares during the period. Forsta AP Fonden lifted its position in Church & Dwight by 0.3% during the fourth quarter. Forsta AP Fonden now owns 89,000 shares of the company’s stock valued at $9,319,000 after purchasing an additional 300 shares during the period. Finally, Blue Trust Inc. lifted its position in Church & Dwight by 5.1% during the fourth quarter. Blue Trust Inc. now owns 74,636 shares of the company’s stock valued at $7,816,000 after purchasing an additional 3,613 shares during the period. Institutional investors own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction on 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 directly owns 112,719 shares of the company’s stock, valued at $11,613,438.57. This trade represents a 59.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction on Friday, November 22nd. The stock was 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 593,035 shares of company stock valued at $62,282,808. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on CHD shares. Wells Fargo & Company increased their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. TD Cowen increased their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. increased their price target on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research report on Thursday, January 16th. Piper Sandler increased their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Finally, Stifel Nicolaus decreased their price target 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. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and an average target price of $110.61.

Church & Dwight Stock Performance

CHD opened at $107.14 on Friday. The stock has a market capitalization of $26.25 billion, a price-to-earnings ratio of 48.05, a PEG ratio of 3.29 and a beta of 0.58. The company has a fifty day moving average of $106.54 and a 200 day moving average of $104.16. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62.

Church & Dwight (NYSE:CHD) last posted 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. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. Church & Dwight’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the company posted $0.74 earnings per share. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

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.