ETRADE Capital Management LLC lowered its holdings in Church & Dwight Company, Inc. (NYSE:CHD) by 5.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 44,609 shares of the company’s stock after selling 2,459 shares during the quarter. ETRADE Capital Management LLC’s holdings in Church & Dwight were worth $2,161,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CHD. Renaissance Technologies LLC raised its holdings in shares of Church & Dwight by 158.9% in the 2nd quarter. Renaissance Technologies LLC now owns 1,791,900 shares of the company’s stock valued at $92,964,000 after purchasing an additional 1,099,670 shares in the last quarter. Ardevora Asset Management LLP purchased a new position in shares of Church & Dwight in the 3rd quarter worth approximately $32,434,000. Franklin Resources Inc. grew its position in shares of Church & Dwight by 48.6% in the 2nd quarter. Franklin Resources Inc. now owns 1,487,434 shares of the company’s stock worth $77,168,000 after buying an additional 486,634 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in shares of Church & Dwight in the 3rd quarter worth approximately $22,100,000. Finally, Parametric Portfolio Associates LLC grew its position in shares of Church & Dwight by 67.8% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,067,698 shares of the company’s stock worth $55,392,000 after buying an additional 431,389 shares during the last quarter. Institutional investors and hedge funds own 79.85% of the company’s stock.

A number of research analysts have recently issued reports on the stock. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Church & Dwight in a research report on Wednesday, November 8th. Barclays PLC cut their price objective on shares of Church & Dwight from $49.00 to $43.00 and set an “underweight” rating on the stock in a research report on Tuesday, November 7th. BMO Capital Markets cut their price objective on shares of Church & Dwight from $50.00 to $45.00 and set a “market perform” rating on the stock in a research report on Monday, November 6th. Morgan Stanley cut their price objective on shares of Church & Dwight from $49.00 to $46.00 and set an “underweight” rating on the stock in a research report on Friday, November 3rd. Finally, Jefferies Group LLC cut their price objective on shares of Church & Dwight from $63.00 to $58.00 and set a “buy” rating on the stock in a research report on Friday, November 3rd. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $49.49.

Shares of Church & Dwight Company, Inc. (CHD) opened at $44.82 on Monday. The firm has a market cap of $11,200.00, a P/E ratio of 24.10, a price-to-earnings-growth ratio of 2.62 and a beta of 0.54. Church & Dwight Company, Inc. has a 12-month low of $42.56 and a 12-month high of $54.18. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 1.05.

Church & Dwight (NYSE:CHD) last released its earnings results on Thursday, November 2nd. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $967.90 million for the quarter, compared to the consensus estimate of $937.20 million. Church & Dwight had a net margin of 12.32% and a return on equity of 24.82%. Church & Dwight’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.47 EPS. equities analysts expect that Church & Dwight Company, Inc. will post 1.92 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.70%. The ex-dividend date is Tuesday, November 14th. Church & Dwight’s dividend payout ratio is presently 43.68%.

Church & Dwight announced that its board has approved a stock repurchase plan on Thursday, November 2nd that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

In other Church & Dwight news, CEO Matthew Farrell acquired 5,000 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were acquired at an average cost of $43.83 per share, with a total value of $219,150.00. Following the acquisition, the chief executive officer now directly owns 103,685 shares of the company’s stock, valued at $4,544,513.55. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Richard A. Dierker acquired 1,146 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was acquired at an average cost of $43.66 per share, for a total transaction of $50,034.36. Following the completion of the acquisition, the chief financial officer now directly owns 6,411 shares in the company, valued at $279,904.26. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 6,546 shares of company stock worth $288,772. 2.00% of the stock is owned by insiders.

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About Church & Dwight

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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