Flagship Harbor Advisors LLC Has $347,000 Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Flagship Harbor Advisors LLC trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 10.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,318 shares of the company’s stock after selling 376 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Church & Dwight were worth $347,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of CHD. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight during the third quarter worth $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight in the 3rd quarter valued at about $28,000. Versant Capital Management Inc raised its stake in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight during the second quarter worth about $33,000. Finally, Point72 DIFC Ltd bought a new position in shares of Church & Dwight during the second quarter worth about $50,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Church & Dwight

In related news, EVP Michael Read acquired 1,100 shares of the stock in a transaction on Monday, December 16th. The shares were purchased at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. The trade was a 59.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 593,035 shares of company stock worth $62,282,808. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Down 0.7 %

Church & Dwight stock opened at $106.79 on Thursday. Church & Dwight Co., Inc. has a twelve month low of $96.09 and a twelve month high of $113.50. The stock has a market cap of $26.16 billion, a P/E ratio of 47.89, a P/E/G ratio of 3.29 and a beta of 0.58. The company’s 50-day moving average price is $106.63 and its two-hundred day moving average price is $104.14. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period last year, the firm posted $0.74 EPS. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CHD. Piper Sandler upped their price target on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Barclays boosted their price target on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research report on Friday, January 17th. Wells Fargo & Company raised their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $110.61.

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, 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.