Mather Group LLC. Sells 1,202 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Mather Group LLC. trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 18.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,380 shares of the company’s stock after selling 1,202 shares during the quarter. Mather Group LLC.’s holdings in Church & Dwight were worth $563,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. State Street Corp increased its position in Church & Dwight by 8.0% during the third quarter. State Street Corp now owns 13,116,334 shares of the company’s stock worth $1,373,542,000 after acquiring an additional 969,006 shares during the period. Massachusetts Financial Services Co. MA increased its position in Church & Dwight by 5.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock worth $839,472,000 after acquiring an additional 429,863 shares during the period. Stifel Financial Corp increased its position in Church & Dwight by 0.5% during the third quarter. Stifel Financial Corp now owns 4,295,527 shares of the company’s stock worth $449,830,000 after acquiring an additional 21,607 shares during the period. Allspring Global Investments Holdings LLC increased its position in Church & Dwight by 5.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after acquiring an additional 175,221 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Church & Dwight by 1.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,399,502 shares of the company’s stock worth $146,556,000 after acquiring an additional 16,257 shares during the period. 86.60% of the stock is owned by institutional investors.

Church & Dwight Trading Up 1.2 %

CHD opened at $107.24 on Thursday. 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 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The firm has a market capitalization of $26.27 billion, a price-to-earnings ratio of 45.25, a PEG ratio of 3.28 and a beta of 0.59. The company’s 50 day moving average price is $106.13 and its two-hundred day moving average price is $104.28.

Church & Dwight (NYSE:CHD) last posted its earnings results 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 quarter last year, the business posted $0.65 EPS. As a group, research analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.10%. This is a positive change 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%.

Insiders Place Their Bets

In other news, EVP Michael Read acquired 1,100 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The shares were bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the purchase, the executive vice president now owns 2,505 shares in the company, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the sale, the executive vice president now directly owns 10,325 shares in the company, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 115,622 shares of company stock valued at $12,842,559 in the last ninety days. 2.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Wells Fargo & Company raised their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Royal Bank of Canada reissued a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a report on Monday. JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Finally, TD Cowen raised their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus price target 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.