Tokio Marine Asset Management Co. Ltd. Buys 19,796 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 21.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 113,126 shares of the company’s stock after buying an additional 19,796 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Church & Dwight were worth $10,697,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CHD. Chilton Capital Management LLC grew its stake in shares of Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of Church & Dwight by 14.7% in the fourth quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock worth $87,000 after purchasing an additional 113 shares during the last quarter. Gateway Advisory LLC grew its stake in shares of Church & Dwight by 4.4% in the third quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock worth $262,000 after purchasing an additional 120 shares during the last quarter. Sunbelt Securities Inc. grew its stake in shares of Church & Dwight by 2.1% in the third quarter. Sunbelt Securities Inc. now owns 6,580 shares of the company’s stock worth $603,000 after purchasing an additional 137 shares during the last quarter. Finally, Apeiron RIA LLC grew its stake in shares of Church & Dwight by 3.8% in the third quarter. Apeiron RIA LLC now owns 3,998 shares of the company’s stock worth $366,000 after purchasing an additional 147 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CHD shares. UBS Group raised their target price on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research note on Monday, February 5th. Barclays lifted their price objective on Church & Dwight from $80.00 to $83.00 and gave the company an “underweight” rating in a research report on Friday, April 12th. Truist Financial lifted their price objective on Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. The Goldman Sachs Group began coverage on Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 price objective on the stock. Finally, TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $104.07.

Church & Dwight Stock Up 0.6 %

NYSE CHD traded up $0.65 during mid-day trading on Wednesday, reaching $107.36. The stock had a trading volume of 912,837 shares, compared to its average volume of 1,282,419. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $107.56. The stock has a market cap of $26.19 billion, a PE ratio of 35.32, a price-to-earnings-growth ratio of 3.52 and a beta of 0.53. The company has a fifty day moving average price of $102.54 and a 200 day moving average price of $96.90. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the business earned $0.62 EPS. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, research analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were paid a dividend of $0.2838 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. Church & Dwight’s payout ratio is currently 37.17%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the business’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the sale, the executive vice president now directly owns 6,373 shares in the company, valued at approximately $638,702.06. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, EVP Michael Read sold 9,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $100.95, for a total transaction of $908,550.00. Following the completion of the sale, the executive vice president now owns 10,325 shares of the company’s stock, valued at approximately $1,042,308.75. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Rene Hemsey sold 9,280 shares of the business’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at approximately $638,702.06. The disclosure for this sale can be found here. In the last ninety days, insiders sold 373,052 shares of company stock worth $38,603,796. Insiders own 1.40% 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.