Sanctuary Advisors LLC Purchases 5,082 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Sanctuary Advisors LLC boosted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 21.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,407 shares of the company’s stock after acquiring an additional 5,082 shares during the period. Sanctuary Advisors LLC’s holdings in Church & Dwight were worth $3,179,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in CHD. Toronto Dominion Bank grew its holdings in shares of Church & Dwight by 8.6% during the third quarter. Toronto Dominion Bank now owns 131,315 shares of the company’s stock valued at $13,751,000 after buying an additional 10,376 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in Church & Dwight by 4.1% during the 3rd quarter. Coldstream Capital Management Inc. now owns 6,233 shares of the company’s stock valued at $654,000 after purchasing an additional 248 shares during the last quarter. Barclays PLC increased its holdings in Church & Dwight by 63.9% during the 3rd quarter. Barclays PLC now owns 1,106,131 shares of the company’s stock worth $115,832,000 after purchasing an additional 431,257 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Church & Dwight by 8.7% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 443,988 shares of the company’s stock worth $46,494,000 after purchasing an additional 35,635 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in shares of Church & Dwight by 2.0% in the third quarter. MML Investors Services LLC now owns 15,630 shares of the company’s stock worth $1,637,000 after purchasing an additional 309 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analyst Ratings Changes

CHD has been the subject of several recent research reports. Wells Fargo & Company upped their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Piper Sandler began coverage on shares of Church & Dwight in a research note on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 target price for the company. TD Cowen increased 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. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Barclays decreased 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. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $109.56.

Church & Dwight Stock Performance

NYSE:CHD opened at $105.82 on Wednesday. The company has a market capitalization of $25.93 billion, a P/E ratio of 47.45, a P/E/G ratio of 3.86 and a beta of 0.57. The business has a fifty day simple moving average of $106.02 and a two-hundred day simple moving average of $104.43. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. Church & Dwight Co., Inc. has a 1 year low of $90.69 and a 1 year high of $113.50.

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, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.74 EPS. On average, analysts expect that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

Insider Activity at Church & Dwight

In other news, EVP Rick Spann sold 39,520 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the completion of the transaction, the executive vice president now directly owns 4,973 shares in the company, valued at approximately $556,976. This trade represents a 88.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the sale, the executive vice president now directly owns 10,325 shares in the company, 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. In the last ninety days, insiders sold 593,035 shares of company stock worth $62,282,808. Corporate insiders own 2.00% of the company’s stock.

About Church & Dwight

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.