Investors sold shares of Church & Dwight Company, Inc. (NYSE:CHD) on strength during trading hours on Friday. $14.43 million flowed into the stock on the tick-up and $54.40 million flowed out of the stock on the tick-down, for a money net flow of $39.97 million out of the stock. Of all equities tracked, Church & Dwight had the 0th highest net out-flow for the day. Church & Dwight traded up $0.75 for the day and closed at $44.75

CHD has been the topic of a number of recent research reports. Morgan Stanley reduced their target price on shares of Church & Dwight from $49.00 to $46.00 and set an “underweight” rating on the stock in a research report on Friday, November 3rd. Zacks Investment Research raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. BidaskClub raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Jefferies Group LLC reissued a “buy” rating and set a $63.00 price objective (up from $60.00) on shares of Church & Dwight in a research report on Tuesday, July 18th. Finally, Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Church & Dwight in a research report on Wednesday, October 4th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $49.49.

The company has a current ratio of 1.05, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The company has a market cap of $11,184.14, a P/E ratio of 24.06, a PEG ratio of 2.62 and a beta of 0.54.

Church & Dwight (NYSE:CHD) last posted its earnings results on Thursday, November 2nd. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.02. The business had revenue of $967.90 million for the quarter, compared to analysts’ expectations of $937.20 million. Church & Dwight had a net margin of 12.32% and a return on equity of 24.82%. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.47 EPS. research analysts expect that Church & Dwight Company, Inc. will post 1.92 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Tuesday, November 14th. Church & Dwight’s dividend payout ratio is currently 43.68%.

Church & Dwight declared that its Board of Directors has authorized a stock buyback program on Thursday, November 2nd that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its shares are undervalued.

In other Church & Dwight news, CFO Richard A. Dierker acquired 1,146 shares of the stock in a transaction dated Tuesday, November 7th. The shares were purchased at an average price of $43.66 per share, for a total transaction of $50,034.36. Following the purchase, the chief financial officer now directly owns 6,411 shares of the company’s stock, valued at $279,904.26. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Matthew Farrell acquired 5,000 shares of the stock in a transaction dated Monday, November 6th. The stock was acquired at an average price of $43.83 per share, for a total transaction of $219,150.00. Following the purchase, the chief executive officer now directly owns 103,685 shares in the company, valued at $4,544,513.55. The disclosure for this purchase can be found here. Insiders bought a total of 6,546 shares of company stock worth $288,772 in the last quarter. Company insiders own 2.00% of the company’s stock.

Large investors have recently modified their holdings of the company. Schroder Investment Management Group raised its stake in Church & Dwight by 84.0% during the 3rd quarter. Schroder Investment Management Group now owns 113,693 shares of the company’s stock worth $5,471,000 after acquiring an additional 51,902 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Church & Dwight by 9.6% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,292 shares of the company’s stock worth $983,000 after acquiring an additional 1,774 shares during the period. Legal & General Group Plc raised its stake in Church & Dwight by 3.6% during the 3rd quarter. Legal & General Group Plc now owns 1,560,593 shares of the company’s stock worth $75,605,000 after acquiring an additional 54,578 shares during the period. Jacobson & Schmitt Advisors LLC raised its stake in Church & Dwight by 3.9% during the 3rd quarter. Jacobson & Schmitt Advisors LLC now owns 86,045 shares of the company’s stock worth $4,169,000 after acquiring an additional 3,222 shares during the period. Finally, Financial Enhancement Group LLC raised its stake in Church & Dwight by 1.8% during the 3rd quarter. Financial Enhancement Group LLC now owns 149,784 shares of the company’s stock worth $7,257,000 after acquiring an additional 2,654 shares during the period. Hedge funds and other institutional investors own 79.96% of the company’s stock.

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About Church & Dwight

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

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