Barclays PLC Boosts Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Barclays PLC raised its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 63.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,106,131 shares of the company's stock after purchasing an additional 431,257 shares during the quarter. Barclays PLC owned 0.45% of Church & Dwight worth $115,832,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Sequoia Financial Advisors LLC lifted its stake in shares of Church & Dwight by 63.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,305 shares of the company's stock valued at $1,276,000 after acquiring an additional 4,772 shares during the last quarter. Wedmont Private Capital lifted its stake in shares of Church & Dwight by 6.3% in the 2nd quarter. Wedmont Private Capital now owns 4,113 shares of the company's stock valued at $428,000 after acquiring an additional 244 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Church & Dwight by 2.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 21,568 shares of the company's stock valued at $2,236,000 after acquiring an additional 574 shares during the last quarter. Ferguson Wellman Capital Management Inc. bought a new position in shares of Church & Dwight in the 2nd quarter valued at $264,000. Finally, ORG Partners LLC lifted its stake in shares of Church & Dwight by 463.3% in the 2nd quarter. ORG Partners LLC now owns 3,036 shares of the company's stock valued at $318,000 after acquiring an additional 2,497 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Insider Activity

In related news, CAO Joseph James Longo sold 7,780 shares of the company's stock in a transaction 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 directly owns 400 shares in the company, valued at approximately $44,976. The trade was a 95.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rick Spann sold 39,520 shares of the company's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the transaction, the executive vice president now owns 4,973 shares of the company's stock, valued at $556,976. This trade represents a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 583,035 shares of company stock worth $61,221,708 in the last three months. Corporate insiders own 2.00% of the company's stock.

Analyst Ratings Changes

CHD has been the subject of a number of research reports. Barclays dropped their price target on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a research note on Tuesday, November 5th. Wells Fargo & Company raised their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. TD Cowen raised their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. JPMorgan Chase & Co. raised their target price on Church & Dwight from $98.00 to $99.00 and gave the stock an "underweight" rating in a research report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and a consensus price target of $108.53.

Church & Dwight Stock Performance

Shares of NYSE:CHD traded down $1.54 during mid-day trading on Wednesday, reaching $105.52. The company had a trading volume of 1,211,329 shares, compared to its average volume of 1,401,869. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The firm has a market cap of $25.85 billion, a price-to-earnings ratio of 47.32, a PEG ratio of 3.92 and a beta of 0.57. The company's 50-day moving average price is $105.55 and its 200-day moving average price is $104.41. Church & Dwight Co., Inc. has a one year low of $90.26 and a one year 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 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The company had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter in the previous year, the firm posted $0.74 EPS. Church & Dwight's revenue was up 3.8% on a year-over-year basis. As a group, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.08%. Church & Dwight's dividend payout ratio (DPR) is currently 50.67%.

Church & Dwight Company Profile

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.