9,478 Shares in Church & Dwight Company, Inc. (CHD) Acquired by Vident Investment Advisory LLC

Vident Investment Advisory LLC bought a new position in shares of Church & Dwight Company, Inc. (NYSE:CHD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,478 shares of the company’s stock, valued at approximately $459,000.

Several other institutional investors have also modified their holdings of CHD. Vanguard Group Inc. grew its position in Church & Dwight by 1.3% during the second quarter. Vanguard Group Inc. now owns 27,784,350 shares of the company’s stock valued at $1,441,451,000 after buying an additional 345,265 shares during the period. Bessemer Group Inc. grew its position in Church & Dwight by 0.8% during the third quarter. Bessemer Group Inc. now owns 4,852,760 shares of the company’s stock valued at $235,117,000 after buying an additional 38,507 shares during the period. American Century Companies Inc. grew its position in Church & Dwight by 28.2% during the third quarter. American Century Companies Inc. now owns 1,923,003 shares of the company’s stock valued at $93,169,000 after buying an additional 423,267 shares during the period. APG Asset Management N.V. grew its position in Church & Dwight by 13.1% during the third quarter. APG Asset Management N.V. now owns 1,795,728 shares of the company’s stock valued at $87,003,000 after buying an additional 207,400 shares during the period. Finally, Renaissance Technologies LLC grew its position in Church & Dwight by 158.9% during the second quarter. Renaissance Technologies LLC now owns 1,791,900 shares of the company’s stock valued at $92,964,000 after buying an additional 1,099,670 shares during the period. 80.09% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently commented on CHD shares. Deutsche Bank started coverage on shares of Church & Dwight in a research report on Wednesday, December 13th. They set a “buy” rating and a $54.00 price target on the stock. KeyCorp restated a “hold” rating on shares of Church & Dwight in a research report on Friday, August 25th. Societe Generale upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Wednesday, November 29th. They noted that the move was a valuation call. Oppenheimer restated a “hold” rating on shares of Church & Dwight in a research report on Wednesday, November 8th. Finally, Zacks Investment Research lowered shares of Church & Dwight from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $50.45.

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

Shares of Church & Dwight Company, Inc. (NYSE:CHD) opened at $49.06 on Monday. Church & Dwight Company, Inc. has a 52-week low of $43.21 and a 52-week high of $54.18. The stock has a market cap of $12,261.32, a PE ratio of 26.38, a PEG ratio of 2.87 and a beta of 0.56. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.05 and a quick ratio of 0.70.

Church & Dwight (NYSE:CHD) last announced its earnings results on Thursday, November 2nd. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.02. Church & Dwight had a net margin of 12.32% and a return on equity of 24.82%. The business had revenue of $967.90 million for the quarter, compared to analyst estimates of $937.20 million. During the same quarter last year, the business earned $0.47 earnings per share. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. sell-side analysts forecast that Church & Dwight Company, Inc. will post 1.92 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Wednesday, November 15th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.76 dividend on an annualized basis and a yield of 1.55%. Church & Dwight’s payout ratio is presently 43.68%.

Church & Dwight declared that its board has authorized a share repurchase program on Thursday, November 2nd that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

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Church & Dwight Company Profile

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.

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

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