Ossiam Has $4.68 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Ossiam decreased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 12.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,684 shares of the company’s stock after selling 6,506 shares during the period. Ossiam’s holdings in Church & Dwight were worth $4,679,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Lake Street Advisors Group LLC boosted its stake in Church & Dwight by 3.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock valued at $282,000 after purchasing an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in Church & Dwight by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock valued at $2,199,000 after buying an additional 103 shares during the last quarter. Whittier Trust Co. lifted its stake in Church & Dwight by 3.2% during the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock valued at $345,000 after acquiring an additional 103 shares in the last quarter. HCR Wealth Advisors boosted its holdings in Church & Dwight by 0.9% during the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after acquiring an additional 106 shares during the last quarter. Finally, Atria Wealth Solutions Inc. grew its stake in shares of Church & Dwight by 0.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock worth $1,270,000 after acquiring an additional 110 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on CHD. Stifel Nicolaus upped their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. Barclays dropped their price target on Church & Dwight from $97.00 to $94.00 and set an “underweight” rating on the stock in a report on Friday, April 11th. Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. Bank of America upgraded shares of Church & Dwight from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. Finally, Truist Financial raised their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $112.59.

Church & Dwight Trading Up 2.3 %

Shares of CHD opened at $105.32 on Friday. The business’s 50-day moving average price is $107.23 and its 200-day moving average price is $106.10. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The stock has a market cap of $25.92 billion, a PE ratio of 44.44, a P/E/G ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting the consensus estimate 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 prior year, the business posted $0.65 earnings per share. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a $0.295 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.12%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

Insider Activity

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value 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 approximately $707,941.26. This represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 65,570 shares of company stock worth $7,538,449. 1.20% of the stock is currently owned by insiders.

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 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.