Unigestion Holding SA Sells 35,637 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Unigestion Holding SA lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 11.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 264,934 shares of the company's stock after selling 35,637 shares during the period. Unigestion Holding SA owned approximately 0.11% of Church & Dwight worth $27,733,000 at the end of the most recent reporting period.

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

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 shares were 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 position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction that occurred on Monday, November 4th. The stock was 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 61.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 583,035 shares of company stock worth $61,221,708 over the last quarter. 1.40% of the stock is currently owned by corporate insiders.

Church & Dwight Stock Down 1.4 %

Shares of NYSE:CHD traded down $1.54 on Wednesday, hitting $105.52. 1,211,329 shares of the company traded hands, compared to its average volume of 1,401,869. The company has a market cap of $25.85 billion, a PE ratio of 47.30, a PEG ratio of 3.92 and a beta of 0.57. The stock has a 50 day simple moving average of $105.55 and a 200-day simple moving average of $104.41. Church & Dwight Co., Inc. has a 52 week low of $90.26 and a 52 week high of $113.50. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53.

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

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date was Friday, November 15th. Church & Dwight's payout ratio is 50.67%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on CHD shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a report on Monday, November 4th. Barclays cut their price target on shares of Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a report on Tuesday, November 5th. Morgan Stanley lowered Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price objective for the company. in a research note on Monday, September 9th. JPMorgan Chase & Co. raised their price target on Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" rating in a report on Monday, November 4th. Finally, TD Cowen upped their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Three 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 company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $108.53.

Church & Dwight 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.