Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Jump Financial LLC

Jump Financial LLC trimmed its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 68.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,412 shares of the company’s stock after selling 5,232 shares during the period. Jump Financial LLC’s holdings in Church & Dwight were worth $253,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CHD. Norges Bank acquired a new stake in Church & Dwight during the fourth quarter worth about $318,532,000. JPMorgan Chase & Co. grew its holdings in Church & Dwight by 19.4% during the fourth quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company’s stock worth $768,157,000 after acquiring an additional 1,190,154 shares during the period. Raymond James Financial Inc. acquired a new stake in Church & Dwight during the fourth quarter worth about $76,565,000. World Investment Advisors LLC purchased a new position in Church & Dwight during the third quarter worth approximately $58,338,000. Finally, Barclays PLC boosted its position in Church & Dwight by 63.9% during the third 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. 86.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CHD shares. UBS Group increased their price target on Church & Dwight from $109.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, April 17th. Bank of America upgraded Church & Dwight from a “neutral” rating to a “buy” rating and increased their price target for the stock from $112.00 to $125.00 in a research report on Tuesday, April 15th. Truist Financial increased their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Wells Fargo & Company increased their price target on Church & Dwight from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 2nd. Finally, Stifel Nicolaus raised their target price on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $112.13.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,510 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president now owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Rene Hemsey sold 11,060 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 6,437 shares in the company, valued at $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 65,570 shares of company stock valued at $7,538,449 over the last 90 days. 2.00% of the stock is owned by insiders.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $99.10 on Monday. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $116.46. The company has a market cap of $24.39 billion, a price-to-earnings ratio of 41.81, a PEG ratio of 3.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The business’s 50 day moving average price is $106.84 and its 200 day moving average price is $106.18.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter in the prior year, the business earned $0.65 EPS. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS 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 given a $0.295 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.19%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is presently 49.79%.

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.