Wingate Wealth Advisors Inc. Takes $90,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

Wingate Wealth Advisors Inc. acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 859 shares of the company’s stock, valued at approximately $90,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. YANKCOM Partnership purchased a new position in Church & Dwight in the 4th quarter worth $25,000. Capital Performance Advisors LLP purchased a new position in Church & Dwight in the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new position in Church & Dwight in the 3rd quarter worth $28,000. Versant Capital Management Inc raised 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 acquiring an additional 184 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in Church & Dwight in the 4th quarter worth $39,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Analyst Ratings Changes

CHD has been the subject of a number of research analyst reports. 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 note on Monday, November 4th. Truist Financial raised their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Stifel Nicolaus raised their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. Barclays lifted their price objective on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Finally, TD Cowen lifted their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and a consensus price target of $111.53.

Insider Buying and Selling

In related news, EVP Maynadier Patrick D. De sold 45,120 shares of Church & Dwight stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $112.19, for a total value of $5,062,012.80. Following the sale, the executive vice president now directly owns 10,325 shares in the company, valued at approximately $1,158,361.75. The trade was a 81.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the sale, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. The trade was a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,422 shares of company stock worth $11,424,351. Insiders own 2.00% of the company’s stock.

Church & Dwight Price Performance

NYSE:CHD opened at $104.49 on Tuesday. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50. 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 stock has a market capitalization of $25.60 billion, a PE ratio of 44.09, a price-to-earnings-growth ratio of 3.35 and a beta of 0.59. The stock’s 50-day moving average price is $105.87 and its 200-day moving average price is $104.39.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) 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 period in the previous year, the business posted $0.65 EPS. As a group, equities analysts expect 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. Investors of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 annualized dividend and a 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 47.68%.

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.