Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. lifted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 35.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,581 shares of the company’s stock after acquiring an additional 1,446 shares during the period. Meeder Advisory Services Inc.’s holdings in Church & Dwight were worth $579,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Game Plan Financial Advisors LLC bought a new position in Church & Dwight during the 1st quarter valued at $26,000. Crewe Advisors LLC acquired a new position in shares of Church & Dwight in the 1st quarter worth approximately $28,000. Roble Belko & Company Inc bought a new stake in shares of Church & Dwight in the 1st quarter worth approximately $31,000. Rothschild Investment LLC acquired a new stake in Church & Dwight during the second quarter valued at approximately $31,000. Finally, Creekmur Asset Management LLC bought a new stake in Church & Dwight during the fourth quarter worth approximately $32,000. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Trading Up 0.5 %

NYSE:CHD opened at $104.04 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The company has a market capitalization of $25.47 billion, a P/E ratio of 33.03, a P/E/G ratio of 3.50 and a beta of 0.54. The stock’s 50 day moving average price is $102.13 and its 200 day moving average price is $104.13. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $110.31.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. Church & Dwight’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 EPS. On average, research analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were paid a dividend of $0.2838 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.09%. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Activity

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the completion of the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at $429,179.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CHD. BNP Paribas initiated coverage on Church & Dwight in a report on Monday, June 24th. They issued a “neutral” rating and a $114.00 price target on the stock. Barclays upped their target price on Church & Dwight from $80.00 to $82.00 and gave the company an “underweight” rating in a report on Tuesday, August 6th. Stifel Nicolaus dropped their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research note on Monday, August 5th. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective on the stock. in a report on Monday, September 9th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Church & Dwight from $101.00 to $97.00 and set an “underweight” rating for the company in a report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $106.58.

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.