Natixis Advisors LLC Buys 3,816 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Natixis Advisors LLC raised its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 168,145 shares of the company’s stock after purchasing an additional 3,816 shares during the period. Natixis Advisors LLC’s holdings in Church & Dwight were worth $17,606,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CHD. YANKCOM Partnership bought a new stake in Church & Dwight in the fourth quarter valued at $25,000. Versant Capital Management Inc increased its stake in 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 purchasing an additional 184 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in Church & Dwight in the fourth quarter valued at $39,000. Bank of Jackson Hole Trust bought a new stake in Church & Dwight in the fourth quarter valued at $43,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Church & Dwight during the fourth quarter valued at about $51,000. 86.60% of the stock is owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares of the company’s stock, valued at $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the sale, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock worth $7,538,449 over the last three months. 2.00% of the stock is currently owned by insiders.

Church & Dwight Stock Down 1.8 %

CHD opened at $107.33 on Wednesday. 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 cap of $26.40 billion, a price-to-earnings ratio of 45.29, a PEG ratio of 3.32 and a beta of 0.57. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The company’s 50-day moving average price is $107.08 and its two-hundred day moving average price is $105.81.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period in the previous year, the business earned $0.65 EPS. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.10%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s payout ratio is presently 49.79%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on CHD shares. Stifel Nicolaus lifted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Barclays lifted their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a report on Tuesday, February 4th. Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a report on Monday, February 3rd. JPMorgan Chase & Co. reduced their price objective on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a report on Friday, February 21st. Finally, Truist Financial lifted their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and an average price target of $111.56.

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.