Impact Investors Inc Invests $592,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Impact Investors Inc purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 5,651 shares of the company’s stock, valued at approximately $592,000.

Other hedge funds also recently made changes to their positions in the company. YANKCOM Partnership bought a new position in Church & Dwight during the 4th quarter valued at about $25,000. Capital Performance Advisors LLP bought a new position in shares of Church & Dwight in the third quarter worth about $27,000. Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight in the third quarter worth approximately $28,000. Versant Capital Management Inc increased 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 worth $28,000 after buying an additional 184 shares in the last quarter. Finally, Bank of Jackson Hole Trust bought a new stake in Church & Dwight during the 4th quarter valued at approximately $43,000. 86.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CHD. Stifel Nicolaus raised their price target on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Barclays increased their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday, February 4th. Wells Fargo & Company lifted their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Truist Financial raised their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $111.47.

Church & Dwight Stock Performance

Shares of NYSE:CHD opened at $110.56 on Wednesday. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $113.50. The firm has a 50 day moving average of $105.48 and a 200 day moving average of $104.84. The company has a market capitalization of $27.19 billion, a price-to-earnings ratio of 46.65, a price-to-earnings-growth ratio of 3.32 and a beta of 0.59. 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 (NYSE:CHD) last announced its earnings results 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 quarter in the prior year, the business posted $0.65 EPS. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share 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 dividend of $0.295 per share. 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. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read purchased 1,100 shares of Church & Dwight stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average price of $106.82 per share, with a total value of $117,502.00. Following the acquisition, the executive vice president now owns 2,505 shares of the company’s stock, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’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 sale, the director now owns 32,500 shares of the company’s stock, valued at $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 49,522 shares of company stock valued at $5,487,555. Corporate insiders own 2.00% of the company’s stock.

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, 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.