Church & Dwight Co., Inc. (CHD) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Church & Dwight Co., Inc. (NYSE:CHD) by 0.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 919,905 shares of the company’s stock after purchasing an additional 7,101 shares during the period. Dimensional Fund Advisors LP owned approximately 0.37% of Church & Dwight worth $44,568,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Thrivent Financial For Lutherans raised its position in Church & Dwight by 0.3% during the second quarter. Thrivent Financial For Lutherans now owns 9,410 shares of the company’s stock worth $488,000 after acquiring an additional 30 shares in the last quarter. Veritable L.P. raised its position in shares of Church & Dwight by 0.7% in the second quarter. Veritable L.P. now owns 6,417 shares of the company’s stock valued at $333,000 after purchasing an additional 47 shares during the period. North Star Asset Management Inc. raised its position in shares of Church & Dwight by 2.0% in the second quarter. North Star Asset Management Inc. now owns 5,010 shares of the company’s stock valued at $260,000 after purchasing an additional 100 shares during the period. YorkBridge Wealth Partners LLC raised its position in shares of Church & Dwight by 5.6% in the second quarter. YorkBridge Wealth Partners LLC now owns 2,032 shares of the company’s stock valued at $106,000 after purchasing an additional 108 shares during the period. Finally, Nordea Investment Management AB raised its position in shares of Church & Dwight by 1.4% in the second quarter. Nordea Investment Management AB now owns 10,061 shares of the company’s stock valued at $522,000 after purchasing an additional 143 shares during the period. 79.90% of the stock is owned by hedge funds and other institutional investors.

Shares of Church & Dwight Co., Inc. (CHD) opened at $49.02 on Tuesday. The stock has a market cap of $12,251.34, a PE ratio of 28.17, a price-to-earnings-growth ratio of 2.57 and a beta of 0.55. 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 Co., Inc. has a one year low of $43.21 and a one year high of $54.18.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $0.49 earnings per share 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 for the quarter, compared to the consensus estimate of $937.20 million. During the same period last year, the company posted $0.47 EPS. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. equities analysts predict that Church & Dwight Co., Inc. will post 1.92 EPS for the current fiscal year.

Church & Dwight announced that its board has approved a stock 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 purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

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

CHD has been the topic of several research analyst reports. Zacks Investment Research raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. Deutsche Bank assumed coverage on shares of Church & Dwight in a research report on Wednesday, December 13th. They issued a “buy” rating and a $54.00 price objective on the stock. Morgan Stanley lowered their price target 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. Barclays lowered their price target 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. Finally, BMO Capital Markets lowered their price target 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. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $50.70.

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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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