GAMMA Investing LLC Buys 1,956 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

GAMMA Investing LLC lifted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 40.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 6,846 shares of the company’s stock after buying an additional 1,956 shares during the quarter. GAMMA Investing LLC’s holdings in Church & Dwight were worth $717,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CHD. Capital Performance Advisors LLP bought a new stake in Church & Dwight during the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight during the third quarter valued at $28,000. Versant Capital Management Inc raised its holdings in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares in the last quarter. Rothschild Investment LLC purchased a new stake in Church & Dwight in the second quarter worth about $31,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in Church & Dwight during the 2nd quarter worth about $33,000. Institutional investors own 86.60% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on CHD shares. Piper Sandler began coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target for the company. Barclays reduced their price objective on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a research note on Tuesday, November 5th. JPMorgan Chase & Co. increased their target price on Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft boosted their price target 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, TD Cowen raised their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $109.56.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read purchased 1,100 shares of Church & Dwight stock in a transaction on Monday, December 16th. The stock was bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the transaction, the executive vice president now owns 2,505 shares of the company’s stock, valued at $267,584.10. This represents a 78.29 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the sale, the director now directly owns 32,500 shares in the company, 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. Insiders sold 593,035 shares of company stock valued at $62,282,808 over the last quarter. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Up 0.8 %

NYSE:CHD opened at $104.64 on Friday. The company’s 50 day moving average is $106.72 and its two-hundred day moving average is $104.28. The company has a market cap of $25.64 billion, a PE ratio of 46.92, a P/E/G ratio of 3.86 and a beta of 0.58. Church & Dwight Co., Inc. has a twelve month low of $93.32 and a twelve month high of $113.50. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.74 earnings per share. Analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s payout ratio is 50.67%.

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.