Tokio Marine Asset Management Co. Ltd. Grows Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Tokio Marine Asset Management Co. Ltd. grew its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 21.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,126 shares of the company’s stock after purchasing an additional 19,796 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Church & Dwight were worth $10,697,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CHD. Chilton Capital Management LLC grew its position 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 valued at $31,000 after purchasing an additional 110 shares during the period. Annapolis Financial Services LLC boosted its holdings in Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after purchasing an additional 334 shares during the last quarter. Koesten Hirschmann & Crabtree INC. acquired a new position in Church & Dwight in the 3rd quarter valued at about $38,000. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of Church & Dwight by 74.7% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock valued at $65,000 after acquiring an additional 293 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Matthew Farrell sold 275,000 shares of Church & Dwight stock in a transaction on Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Matthew Farrell sold 275,000 shares of Church & Dwight stock in a transaction on Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Rene Hemsey sold 9,280 shares of Church & Dwight 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 transaction, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 373,052 shares of company stock valued at $38,603,796. 1.40% of the stock is owned by corporate insiders.

Church & Dwight Stock Up 0.6 %

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

Church & Dwight (NYSE:CHD) last released 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 for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter last year, the company earned $0.62 earnings per share. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

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

Analyst Upgrades and Downgrades

CHD has been the topic of a number of research analyst reports. TheStreet raised shares of Church & Dwight from a “c+” rating to a “b” rating in a research note on Friday, February 2nd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research note on Monday. The Goldman Sachs Group began coverage on shares of Church & Dwight in a research note on Friday, March 1st. They set a “buy” rating and a $110.00 target price on the stock. Truist Financial upped their target price on shares of Church & Dwight from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Finally, Argus raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research note on Friday, February 23rd. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus target price of $104.07.

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.