Bryn Mawr Capital Management LLC Sells 1,202 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Bryn Mawr Capital Management LLC lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,271 shares of the company’s stock after selling 1,202 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Church & Dwight were worth $3,524,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in shares of Church & Dwight by 89.1% in the third quarter. JPMorgan Chase & Co. now owns 6,027,312 shares of the company’s stock worth $552,283,000 after acquiring an additional 2,839,783 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Church & Dwight by 99.6% in the third quarter. HighTower Advisors LLC now owns 526,591 shares of the company’s stock worth $48,224,000 after acquiring an additional 262,801 shares in the last quarter. Schroder Investment Management Group increased its holdings in shares of Church & Dwight by 1,474.7% in the third quarter. Schroder Investment Management Group now owns 233,318 shares of the company’s stock worth $21,379,000 after acquiring an additional 218,501 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Church & Dwight by 2.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,200,426 shares of the company’s stock worth $751,405,000 after acquiring an additional 217,047 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Church & Dwight by 62.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 538,184 shares of the company’s stock worth $49,314,000 after acquiring an additional 205,983 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Insiders Place Their Bets

In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of Church & Dwight stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $98.29, for a total transaction of $761,944.08. Following the transaction, the director now directly owns 25,692 shares of the company’s stock, valued at approximately $2,525,266.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Penry W. Price sold 7,752 shares of Church & Dwight stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $98.29, for a total value of $761,944.08. Following the completion of the transaction, the director now directly owns 25,692 shares of the company’s stock, valued at approximately $2,525,266.68. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Rene Hemsey sold 9,280 shares of Church & Dwight stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at $638,702.06. The disclosure for this sale can be found here. In the last three months, insiders have sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Down 0.9 %

NYSE CHD traded down $0.93 during trading hours on Friday, hitting $106.32. 1,037,555 shares of the company traded hands, compared to its average volume of 1,274,656. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $108.10. The stock has a market capitalization of $25.93 billion, a price-to-earnings ratio of 34.97, a P/E/G ratio of 3.59 and a beta of 0.53. The business’s 50-day moving average is $102.91 and its 200-day moving average is $97.11.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting the consensus estimate of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the business posted $0.62 EPS. Church & Dwight’s revenue for the quarter was up 6.4% on a year-over-year basis. Sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were issued a dividend of $0.2838 per share. The ex-dividend date was Wednesday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight’s payout ratio is presently 37.17%.

Analyst Upgrades and Downgrades

CHD has been the subject of several recent research reports. Truist Financial upped their price objective on Church & Dwight from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research report on Monday. Barclays upped their price objective on Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. Finally, Royal Bank of Canada upped their price objective on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research report on Monday, February 5th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $104.07.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.