B. Metzler seel. Sohn & Co. Holding AG Takes Position in Church & Dwight Co., Inc. (NYSE:CHD)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,881 shares of the company's stock, valued at approximately $616,000.

Other hedge funds have also made changes to their positions in the company. Empowered Funds LLC lifted its position in Church & Dwight by 2.8% during the third quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock worth $382,000 after buying an additional 99 shares during the period. Garner Asset Management Corp lifted its holdings in shares of Church & Dwight by 5.1% during the 1st quarter. Garner Asset Management Corp now owns 2,058 shares of the company's stock worth $215,000 after acquiring an additional 100 shares during the period. Oppenheimer & Co. Inc. boosted its position in shares of Church & Dwight by 0.3% in the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock worth $3,358,000 after acquiring an additional 104 shares during the last quarter. Elk River Wealth Management LLC grew its holdings in Church & Dwight by 0.3% in the second quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company's stock valued at $3,595,000 after purchasing an additional 114 shares during the period. Finally, Gateway Advisory LLC increased its position in Church & Dwight by 4.4% during the second quarter. Gateway Advisory LLC now owns 2,855 shares of the company's stock worth $296,000 after purchasing an additional 120 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Wall Street Analysts Forecast Growth

CHD has been the subject of several research reports. Stifel Nicolaus lowered their price objective on shares of Church & Dwight from $107.00 to $105.00 and set a "hold" rating for the company in a research note on Monday, August 5th. TD Cowen upped their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Morgan Stanley cut Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 target price for the company. in a report on Monday, September 9th. Wells Fargo & Company increased their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. Finally, Evercore ISI reduced their price target 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. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and an average price target of $108.53.

Insider Buying and Selling at Church & Dwight

In related 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 completion of the sale, the director now owns 7,129 shares of the company's stock, valued at $740,275.36. This represents a 61.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the transaction, the chief accounting officer now owns 400 shares of the company's stock, valued at approximately $44,976. The trade was a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 543,513 shares of company stock worth $56,795,253 over the last quarter. 2.00% of the stock is owned by corporate insiders.

Church & Dwight Stock Down 1.3 %

Shares of CHD traded down $1.45 during trading on Monday, reaching $110.45. The company's stock had a trading volume of 2,535,643 shares, compared to its average volume of 1,401,916. The company has a market cap of $27.06 billion, a price-to-earnings ratio of 49.86, a P/E/G ratio of 4.09 and a beta of 0.55. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The company has a fifty day moving average of $104.17 and a two-hundred day moving average of $104.20. Church & Dwight Co., Inc. has a twelve month low of $90.26 and a twelve month high of $113.50.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The firm had revenue of $1.51 billion for 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 firm's quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.74 earnings per share. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight's dividend payout ratio is currently 50.67%.

About Church & Dwight

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.