Benjamin Edwards Inc. Acquires 11,142 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Benjamin Edwards Inc. grew its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 6,963.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,302 shares of the company's stock after acquiring an additional 11,142 shares during the period. Benjamin Edwards Inc.'s holdings in Church & Dwight were worth $1,183,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of CHD. Empowered Funds LLC increased its position in Church & Dwight by 2.8% in the third quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock worth $382,000 after purchasing an additional 99 shares during the period. Oppenheimer & Co. Inc. grew its position in shares of Church & Dwight by 0.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock worth $3,358,000 after buying an additional 104 shares during the period. Kingsview Wealth Management LLC raised its stake in shares of Church & Dwight by 3.3% during the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock worth $353,000 after buying an additional 107 shares during the last quarter. Citizens Financial Group Inc. RI raised its stake in shares of Church & Dwight by 2.1% during the third quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company's stock worth $577,000 after buying an additional 113 shares during the last quarter. Finally, Elk River Wealth Management LLC lifted 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 buying an additional 114 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CHD has been the subject of several recent research reports. Morgan Stanley cut shares of Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 target price for the company. in a research report on Monday, September 9th. Barclays dropped their price objective on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a report on Tuesday, November 5th. 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 report on Monday, November 4th. TD Cowen boosted 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. Finally, Wells Fargo & Company increased their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" 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 company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $108.53.

Insiders Place Their Bets

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the business's stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the transaction, the director now owns 7,129 shares of the company's stock, valued at $740,275.36. The trade was a 61.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew Farrell sold 165,823 shares of the company's stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the sale, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,613,438.57. This represents a 59.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 583,033 shares of company stock valued at $61,221,493 in the last three months. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Stock Down 1.8 %

Shares of CHD stock traded down $1.95 on Friday, hitting $107.21. 1,818,915 shares of the stock were exchanged, compared to its average volume of 1,454,255. The business has a 50-day moving average of $105.48 and a 200 day moving average of $104.43. Church & Dwight Co., Inc. has a fifty-two week low of $90.26 and a fifty-two week high of $113.50. The firm has a market capitalization of $26.27 billion, a P/E ratio of 48.08, a price-to-earnings-growth ratio of 4.02 and a beta of 0.57. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm posted $0.74 EPS. The business's revenue was up 3.8% on a year-over-year basis. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a $0.2838 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.06%. Church & Dwight's payout ratio 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.