Empirical Finance LLC Sells 104 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Empirical Finance LLC lowered its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,331 shares of the company’s stock after selling 104 shares during the period. Empirical Finance LLC’s holdings in Church & Dwight were worth $872,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in CHD. Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of Church & Dwight by 276.2% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,577 shares of the company’s stock worth $270,000 after purchasing an additional 1,892 shares during the last quarter. Exchange Traded Concepts LLC raised its position in Church & Dwight by 88.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 12,072 shares of the company’s stock worth $1,264,000 after buying an additional 5,659 shares during the last quarter. Koshinski Asset Management Inc. lifted its stake in Church & Dwight by 5.2% during the 3rd quarter. Koshinski Asset Management Inc. now owns 8,309 shares of the company’s stock valued at $870,000 after acquiring an additional 407 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Church & Dwight by 13.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,637 shares of the company’s stock valued at $1,009,000 after acquiring an additional 1,163 shares during the last quarter. Finally, VitalStone Financial LLC bought a new stake in shares of Church & Dwight in the third quarter worth approximately $152,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Down 0.5 %

Shares of CHD stock opened at $104.49 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a one year low of $96.09 and a one year high of $113.50. The company’s fifty day moving average price is $105.87 and its 200-day moving average price is $104.39. The company has a market capitalization of $25.60 billion, a price-to-earnings ratio of 44.09, a PEG ratio of 3.35 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting analysts’ consensus estimates 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 previous year, the firm earned $0.65 EPS. Sell-side analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed 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 is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is 47.68%.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of research analyst reports. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. TD Cowen raised their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Piper Sandler reduced their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft raised their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Stifel Nicolaus upped their price target 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 investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Church & Dwight has a consensus rating of “Hold” and an average target price of $111.53.

Insider Transactions at Church & Dwight

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now owns 400 shares in the company, valued at $44,976. The trade was a 95.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the stock in a transaction dated 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 transaction, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,158,361.75. This trade represents a 81.38 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 102,422 shares of company stock valued at $11,424,351. 2.00% of the stock is currently owned by corporate insiders.

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.