ProShare Advisors LLC Has $190.01 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

ProShare Advisors LLC lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 9.3% during the second quarter, HoldingsChannel.com reports. The firm owned 1,895,713 shares of the company’s stock after selling 194,890 shares during the quarter. ProShare Advisors LLC’s holdings in Church & Dwight were worth $190,007,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CHD. Nemes Rush Group LLC bought a new stake in shares of Church & Dwight during the 2nd quarter worth approximately $27,000. Quintet Private Bank Europe S.A. bought a new stake in shares of Church & Dwight during the 1st quarter worth approximately $30,000. Tradition Wealth Management LLC bought a new stake in shares of Church & Dwight during the 1st quarter worth approximately $35,000. Old North State Trust LLC lifted its holdings in shares of Church & Dwight by 88.6% during the 1st quarter. Old North State Trust LLC now owns 796 shares of the company’s stock worth $37,000 after acquiring an additional 374 shares during the period. Finally, Clear Street Markets LLC lifted its holdings in shares of Church & Dwight by 93.9% during the 1st quarter. Clear Street Markets LLC now owns 477 shares of the company’s stock worth $42,000 after acquiring an additional 231 shares during the period. Institutional investors and hedge funds own 82.79% of the company’s stock.

Insider Transactions at Church & Dwight

In other news, CEO Matthew Farrell sold 132,881 shares of the stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $96.00, for a total transaction of $12,756,576.00. Following the completion of the sale, the chief executive officer now directly owns 112,444 shares in the company, valued at $10,794,624. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Trading Down 0.5 %

Shares of CHD stock traded down $0.48 during trading hours on Friday, hitting $92.40. 1,773,564 shares of the company’s stock traded hands, compared to its average volume of 1,928,830. The stock’s 50 day simple moving average is $91.23 and its 200 day simple moving average is $94.27. The stock has a market cap of $22.77 billion, a PE ratio of 52.80, a price-to-earnings-growth ratio of 3.78 and a beta of 0.50. Church & Dwight Co., Inc. has a 12 month low of $75.86 and a 12 month high of $100.52. The company has a quick ratio of 0.90, a current ratio of 1.47 and a debt-to-equity ratio of 0.59.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, November 3rd. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.06. Church & Dwight had a net margin of 7.57% and a return on equity of 20.55%. The firm had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the firm earned $0.76 earnings per share. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. On average, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.16 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Tuesday, November 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 62.29%.

Analyst Ratings Changes

A number of analysts have recently weighed in on CHD shares. HSBC started coverage on shares of Church & Dwight in a report on Friday, September 22nd. They set a “hold” rating and a $102.00 price target for the company. TheStreet downgraded shares of Church & Dwight from a “b-” rating to a “c” rating in a research note on Friday, November 3rd. StockNews.com assumed coverage on shares of Church & Dwight in a research note on Thursday, October 5th. They issued a “hold” rating for the company. Jefferies Financial Group assumed coverage on shares of Church & Dwight in a research note on Monday, November 13th. They issued a “hold” rating and a $99.00 price objective for the company. Finally, Stifel Nicolaus increased their price objective on shares of Church & Dwight from $95.00 to $97.00 and gave the company a “hold” rating in a research note on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $95.25.

Church & Dwight Company 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.