Quantitative Systematic Strategies LLC purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 13,517 shares of the company’s stock, valued at approximately $678,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CHD. Sandy Spring Bank raised its holdings in Church & Dwight by 138.4% in the 3rd quarter. Sandy Spring Bank now owns 2,756 shares of the company’s stock worth $133,000 after purchasing an additional 1,600 shares during the period. Ledyard National Bank raised its holdings in Church & Dwight by 176.3% in the 4th quarter. Ledyard National Bank now owns 2,923 shares of the company’s stock worth $147,000 after purchasing an additional 1,865 shares during the period. Hermes Investment Management Ltd. bought a new position in Church & Dwight in the 4th quarter worth $206,000. MUFG Americas Holdings Corp bought a new position in Church & Dwight in the 3rd quarter worth $218,000. Finally, Steward Partners Investment Advisory LLC bought a new position in Church & Dwight in the 3rd quarter worth $256,000. 79.37% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on the company. Zacks Investment Research raised Church & Dwight from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a report on Tuesday, January 9th. Jefferies Group reaffirmed a “buy” rating and issued a $62.00 target price on shares of Church & Dwight in a report on Thursday, January 4th. Wells Fargo & Co raised their target price on Church & Dwight from $47.00 to $52.00 and gave the stock a “market perform” rating in a report on Thursday, January 4th. Deutsche Bank assumed coverage on Church & Dwight in a report on Wednesday, December 13th. They issued a “buy” rating and a $54.00 target price on the stock. Finally, KeyCorp reaffirmed a “hold” rating on shares of Church & Dwight in a report on Monday, October 16th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company’s stock. Church & Dwight currently has an average rating of “Hold” and a consensus price target of $51.00.

Shares of Church & Dwight Co., Inc. (CHD) opened at $46.33 on Monday. Church & Dwight Co., Inc. has a 12 month low of $43.21 and a 12 month high of $54.18. The company has a quick ratio of 0.70, a current ratio of 1.05 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $11,579.04, a price-to-earnings ratio of 26.63, a price-to-earnings-growth ratio of 2.45 and a beta of 0.45.

Church & Dwight announced that its Board of Directors has initiated a share buyback program on Thursday, November 2nd that allows the company to repurchase $500.00 million in 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 board believes its stock is undervalued.

In other Church & Dwight news, CFO Richard A. Dierker purchased 1,146 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was acquired 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 owns 6,411 shares of the company’s stock, valued at approximately $279,904.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.00% of the company’s stock.

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Church & Dwight Company Profile

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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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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