Tandem Investment Advisors Inc. Purchases 20,557 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Tandem Investment Advisors Inc. boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 4.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 495,717 shares of the company's stock after acquiring an additional 20,557 shares during the quarter. Church & Dwight accounts for 2.0% of Tandem Investment Advisors Inc.'s portfolio, making the stock its 25th largest position. Tandem Investment Advisors Inc. owned about 0.20% of Church & Dwight worth $51,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Norden Group LLC grew its position in Church & Dwight by 77.0% during the 1st quarter. Norden Group LLC now owns 5,271 shares of the company's stock worth $550,000 after acquiring an additional 2,293 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Church & Dwight by 3.6% in the first quarter. Nordea Investment Management AB now owns 17,195 shares of the company's stock valued at $1,788,000 after buying an additional 596 shares in the last quarter. GSA Capital Partners LLP bought a new position in shares of Church & Dwight in the first quarter valued at about $549,000. Empirical Finance LLC lifted its position in Church & Dwight by 3.5% during the 1st quarter. Empirical Finance LLC now owns 8,803 shares of the company's stock worth $918,000 after buying an additional 299 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in Church & Dwight by 3.2% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 23,090 shares of the company's stock worth $2,409,000 after acquiring an additional 723 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Church & Dwight Trading Up 2.5 %

Shares of CHD traded up $2.59 during trading hours on Friday, reaching $106.50. The stock had a trading volume of 1,421,541 shares, compared to its average volume of 1,386,545. The firm has a 50-day moving average of $103.16 and a 200 day moving average of $104.02. 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 market cap of $26.09 billion, a P/E ratio of 47.76, a P/E/G ratio of 3.78 and a beta of 0.55. Church & Dwight Co., Inc. has a 52 week low of $88.46 and a 52 week high of $110.31.

Church & Dwight (NYSE:CHD - Get Free Report) last released 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 return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the firm posted $0.74 earnings per share. Church & Dwight's revenue was up 3.8% compared to the same quarter last year. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Friday, November 15th. Church & Dwight's dividend payout ratio is 50.67%.

Wall Street Analyst Weigh In

CHD has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday. JPMorgan Chase & Co. boosted their price objective on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an "underweight" rating in a research report on Monday. TD Cowen increased their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research report on Monday. Deutsche Bank Aktiengesellschaft boosted 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. Finally, Morgan Stanley cut Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price target on the stock. in a report on Monday, September 9th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $108.05.

Insider Buying and Selling

In related news, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction dated 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 completion of the transaction, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Arthur B. Winkleblack sold 11,590 shares of the firm's stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the transaction, the director now owns 7,129 shares of the company's stock, valued at approximately $740,275.36. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew Farrell sold 300,000 shares of the business's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at $11,704,740.96. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 477,413 shares of company stock worth $49,440,249 over the last ninety days. Company insiders own 2.00% of the company's stock.

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.