UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $238.80 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 8.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,280,401 shares of the company's stock after selling 203,322 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.93% of Church & Dwight worth $238,804,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Amalgamated Bank lifted its holdings in shares of Church & Dwight by 0.8% during the third quarter. Amalgamated Bank now owns 50,056 shares of the company's stock valued at $5,242,000 after purchasing an additional 394 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Church & Dwight by 74.6% during the second quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company's stock valued at $7,032,000 after purchasing an additional 28,986 shares during the last quarter. Addenda Capital Inc. lifted its holdings in shares of Church & Dwight by 12.7% during the second quarter. Addenda Capital Inc. now owns 56,723 shares of the company's stock valued at $5,881,000 after purchasing an additional 6,389 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Church & Dwight by 12.4% during the second quarter. Hsbc Holdings PLC now owns 803,588 shares of the company's stock valued at $83,249,000 after purchasing an additional 88,580 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of Church & Dwight by 57.9% during the first quarter. Janus Henderson Group PLC now owns 59,844 shares of the company's stock valued at $6,239,000 after purchasing an additional 21,949 shares during the last quarter. Institutional investors own 86.60% of the company's stock.

Insiders Place Their Bets

In other news, CAO Joseph James Longo sold 7,780 shares of the business's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares in the company, valued at $44,976. The trade was a 95.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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 transaction, the chief executive officer now directly owns 112,719 shares of the company's stock, valued at approximately $11,613,438.57. This trade represents a 59.53 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 543,513 shares of company stock worth $56,795,253. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Price Performance

Shares of Church & Dwight stock traded down $0.23 during midday trading on Friday, hitting $110.13. 965,206 shares of the company were exchanged, compared to its average volume of 1,696,588. The firm has a 50 day simple moving average of $104.87 and a 200-day simple moving average of $104.35. Church & Dwight Co., Inc. has a 52 week low of $90.26 and a 52 week high of $113.50. The firm has a market cap of $26.98 billion, a P/E ratio of 49.42, a PEG ratio of 4.04 and a beta of 0.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts' expectations of $1.50 billion. During the same period last year, the firm earned $0.74 EPS. The business's revenue for the quarter was up 3.8% on a year-over-year basis. Research analysts forecast that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CHD shares. Stifel Nicolaus reduced their target price on Church & Dwight from $107.00 to $105.00 and set a "hold" rating for the company in a report on Monday, August 5th. TD Cowen upped their price target on Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research report on Monday, November 4th. Piper Sandler began coverage on Church & Dwight in a research report on Tuesday, September 24th. They set an "overweight" rating and a $120.00 price target on the stock. Morgan Stanley lowered Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price target on the stock. in a research report on Monday, September 9th. Finally, JPMorgan Chase & Co. upped their price target on Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" 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, the stock presently has an average rating of "Hold" and an average price target of $108.53.

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.