Neuberger Berman Group LLC lowered its holdings in shares of Church & Dwight Company, Inc. (NYSE:CHD) by 0.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,411,822 shares of the company’s stock after selling 45,755 shares during the period. Neuberger Berman Group LLC owned about 2.57% of Church & Dwight worth $310,653,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. California Public Employees Retirement System grew its holdings in Church & Dwight by 5.0% in the 3rd quarter. California Public Employees Retirement System now owns 601,892 shares of the company’s stock worth $29,162,000 after acquiring an additional 28,692 shares during the last quarter. Cubist Systematic Strategies LLC grew its holdings in Church & Dwight by 401.3% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 102,049 shares of the company’s stock worth $4,944,000 after acquiring an additional 81,694 shares during the last quarter. Highbridge Capital Management LLC grew its holdings in Church & Dwight by 122.2% in the 3rd quarter. Highbridge Capital Management LLC now owns 100,000 shares of the company’s stock worth $4,845,000 after acquiring an additional 55,000 shares during the last quarter. Zions Bancorporation bought a new stake in Church & Dwight in the 3rd quarter worth $279,000. Finally, Vident Investment Advisory LLC bought a new stake in Church & Dwight in the 3rd quarter worth $459,000. 80.09% of the stock is currently owned by institutional investors.

Church & Dwight Company, Inc. (NYSE CHD) opened at $47.96 on Tuesday. Church & Dwight Company, Inc. has a 12-month low of $43.21 and a 12-month high of $54.18. The stock has a market cap of $12,096.38, a PE ratio of 26.02, a P/E/G ratio of 2.83 and a beta of 0.56. 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 issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Church & Dwight had a net margin of 12.32% and a return on equity of 24.82%. The company had revenue of $967.90 million during the quarter, compared to analysts’ expectations of $937.20 million. During the same period last year, the company posted $0.47 EPS. Church & Dwight’s revenue was up 11.2% on a year-over-year basis. equities analysts anticipate that Church & Dwight Company, Inc. will post 1.92 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were issued a $0.19 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $0.76 annualized dividend and a yield of 1.58%. Church & Dwight’s dividend payout ratio (DPR) is presently 43.68%.

Church & Dwight declared that its Board of Directors has initiated a stock repurchase program on Thursday, November 2nd that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

A number of equities research analysts have issued reports on the stock. BidaskClub raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Macquarie initiated coverage on shares of Church & Dwight in a research note on Friday, September 15th. They set a “neutral” rating and a $52.00 target price on the stock. KeyCorp reaffirmed a “hold” rating on shares of Church & Dwight in a research note on Friday, August 25th. Goldman Sachs Group reaffirmed a “sell” rating on shares of Church & Dwight in a research note on Wednesday, October 4th. Finally, Zacks Investment Research lowered shares of Church & Dwight from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $49.83.

In other news, CFO Richard A. Dierker bought 1,146 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was acquired at an average cost of $43.66 per share, with a total value of $50,034.36. Following the completion of the acquisition, the chief financial officer now owns 6,411 shares of the company’s stock, valued at $279,904.26. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Matthew Farrell bought 5,000 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was purchased at an average cost of $43.83 per share, with a total value of $219,150.00. Following the completion of the acquisition, the chief executive officer now directly owns 103,685 shares of the company’s stock, valued at approximately $4,544,513.55. The disclosure for this purchase can be found here. 2.00% of the stock is currently 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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