3,361 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Acquired by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC bought a new position in Church & Dwight Co., Inc. (NYSE:CHD) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,361 shares of the company’s stock, valued at approximately $352,000.

Several other institutional investors have also made changes to their positions in CHD. Creative Planning increased its position in shares of Church & Dwight by 4.9% in the third quarter. Creative Planning now owns 55,434 shares of the company’s stock worth $5,805,000 after acquiring an additional 2,578 shares in the last quarter. Raymond James & Associates increased its position in shares of Church & Dwight by 1.8% in the third quarter. Raymond James & Associates now owns 318,499 shares of the company’s stock worth $33,353,000 after acquiring an additional 5,528 shares in the last quarter. Eastern Bank purchased a new position in shares of Church & Dwight in the third quarter worth approximately $907,000. Global X Japan Co. Ltd. increased its position in shares of Church & Dwight by 5.7% in the third quarter. Global X Japan Co. Ltd. now owns 4,204 shares of the company’s stock worth $440,000 after acquiring an additional 228 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Church & Dwight in the third quarter worth approximately $44,630,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

CHD stock opened at $104.33 on Thursday. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $25.66 billion, a price-to-earnings ratio of 44.02, a P/E/G ratio of 3.34 and a beta of 0.59. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $113.50. The firm has a 50 day moving average of $105.40 and a two-hundred day moving average of $104.66.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting analysts’ consensus estimates 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 previous year, the business earned $0.65 earnings per share. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.13%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s payout ratio is presently 49.79%.

Insider Transactions at Church & Dwight

In other news, EVP Michael Read acquired 1,100 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The stock was acquired at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the purchase, the executive vice president now owns 2,505 shares of the company’s stock, valued at $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the sale, the executive vice president now owns 4,973 shares of the company’s stock, valued at $556,976. The trade was a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 57,302 shares of company stock worth $6,362,338. 1.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CHD has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. JPMorgan Chase & Co. boosted 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. Truist Financial boosted their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Finally, Stifel Nicolaus boosted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and an average target price of $111.53.

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.