8,559 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Acquired by Banco Santander S.A.

Banco Santander S.A. bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,559 shares of the company’s stock, valued at approximately $896,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of CHD. Advisors Asset Management Inc. raised its position in shares of Church & Dwight by 452.9% in the first quarter. Advisors Asset Management Inc. now owns 22,750 shares of the company’s stock worth $2,373,000 after buying an additional 18,635 shares in the last quarter. 1832 Asset Management L.P. boosted its position in shares of Church & Dwight by 78.8% during the 1st quarter. 1832 Asset Management L.P. now owns 63,459 shares of the company’s stock valued at $6,619,000 after acquiring an additional 27,972 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Church & Dwight by 0.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 392,168 shares of the company’s stock worth $40,908,000 after purchasing an additional 1,335 shares in the last quarter. Ascent Group LLC increased its position in shares of Church & Dwight by 332.4% in the first quarter. Ascent Group LLC now owns 20,311 shares of the company’s stock worth $2,119,000 after purchasing an additional 15,614 shares during the last quarter. Finally, Paloma Partners Management Co raised its stake in Church & Dwight by 57.2% in the first quarter. Paloma Partners Management Co now owns 6,555 shares of the company’s stock valued at $684,000 after purchasing an additional 2,385 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of the business’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. The trade was a 59.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction 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. The trade was a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 535,733 shares of company stock worth $55,920,470. 2.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Wells Fargo & Company raised their price target on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. TD Cowen upped their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Morgan Stanley cut 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, Stifel Nicolaus reduced their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research report on Monday, August 5th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $108.53.

Church & Dwight Stock Performance

Shares of CHD opened at $111.90 on Friday. Church & Dwight Co., Inc. has a one year low of $90.26 and a one year high of $113.50. The company has a 50-day simple moving average of $104.17 and a two-hundred day simple moving average of $104.24. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The firm has a market capitalization of $27.42 billion, a PE ratio of 50.18, a price-to-earnings-growth ratio of 4.11 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. Church & Dwight’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the company posted $0.74 EPS. On average, analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors 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 1.01%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is currently 50.67%.

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.