Church & Dwight Co., Inc. (NYSE:CHD) Holdings Raised by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI increased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 2.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,508 shares of the company’s stock after purchasing an additional 113 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Church & Dwight were worth $577,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Advisors Asset Management Inc. raised its holdings in shares of Church & Dwight by 452.9% during the first quarter. Advisors Asset Management Inc. now owns 22,750 shares of the company’s stock valued at $2,373,000 after acquiring an additional 18,635 shares during the period. 1832 Asset Management L.P. raised its stake in Church & Dwight by 78.8% during the 1st quarter. 1832 Asset Management L.P. now owns 63,459 shares of the company’s stock valued at $6,619,000 after purchasing an additional 27,972 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Church & Dwight by 0.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 392,168 shares of the company’s stock valued at $40,908,000 after purchasing an additional 1,335 shares in the last quarter. Ascent Group LLC lifted its holdings in shares of Church & Dwight by 332.4% in the first quarter. Ascent Group LLC now owns 20,311 shares of the company’s stock valued at $2,119,000 after purchasing an additional 15,614 shares in the last quarter. Finally, Paloma Partners Management Co grew its holdings in shares of Church & Dwight by 57.2% during the first quarter. Paloma Partners Management Co now owns 6,555 shares of the company’s stock valued at $684,000 after buying an additional 2,385 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on CHD. Barclays decreased their price objective on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. Evercore ISI lowered their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 5th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. TD Cowen boosted their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, Wells Fargo & Company upped their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Three 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. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $108.53.

Church & Dwight Price Performance

NYSE CHD opened at $111.90 on Friday. The company has a market cap of $27.42 billion, a P/E ratio of 50.18, a P/E/G ratio of 4.06 and a beta of 0.55. Church & Dwight Co., Inc. has a 1 year low of $90.26 and a 1 year high of $113.50. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The company has a fifty day simple moving average of $104.17 and a 200 day simple moving average of $104.24.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.74 earnings per share. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio is currently 50.67%.

Insider Transactions at Church & Dwight

In other news, Director Arthur B. Winkleblack sold 11,590 shares of the business’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the transaction, the director now owns 7,129 shares in the company, valued at approximately $740,275.36. The trade was a 61.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the transaction, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,158,361.75. This represents a 81.38 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 535,733 shares of company stock worth $55,920,470 over the last three months. 2.00% of the stock is currently owned by insiders.

Church & Dwight Profile

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.