Strategic Global Advisors LLC bought a new stake in shares of Church & Dwight Company, Inc. (NYSE:CHD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,070 shares of the company’s stock, valued at approximately $263,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in Church & Dwight by 4.0% during the 1st quarter. Vanguard Group Inc. now owns 27,439,085 shares of the company’s stock valued at $1,368,388,000 after acquiring an additional 1,054,013 shares in the last quarter. BlackRock Inc. boosted its position in Church & Dwight by 2,267.4% during the 1st quarter. BlackRock Inc. now owns 19,461,970 shares of the company’s stock valued at $970,569,000 after acquiring an additional 18,639,877 shares in the last quarter. State Street Corp boosted its position in Church & Dwight by 23.1% during the 1st quarter. State Street Corp now owns 14,762,551 shares of the company’s stock valued at $736,228,000 after acquiring an additional 2,769,003 shares in the last quarter. Bessemer Group Inc. boosted its position in Church & Dwight by 1.2% during the 2nd quarter. Bessemer Group Inc. now owns 4,814,253 shares of the company’s stock valued at $249,764,000 after acquiring an additional 55,092 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Church & Dwight by 7.7% during the 1st quarter. Geode Capital Management LLC now owns 2,900,524 shares of the company’s stock valued at $144,473,000 after acquiring an additional 208,604 shares in the last quarter. 79.57% of the stock is currently owned by institutional investors and hedge funds.

In other Church & Dwight news, Director Robert D. Leblanc sold 9,718 shares of the company’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $49.84, for a total value of $484,345.12. Following the completion of the transaction, the director now owns 56,497 shares in the company, valued at $2,815,810.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Steven P. Cugine sold 177,940 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $50.30, for a total transaction of $8,950,382.00. Following the completion of the transaction, the executive vice president now owns 46,348 shares of the company’s stock, valued at approximately $2,331,304.40. The disclosure for this sale can be found here. Insiders sold 198,858 shares of company stock worth $9,996,631 in the last three months. 2.00% of the stock is currently owned by corporate insiders.

Several analysts have issued reports on CHD shares. Zacks Investment Research raised Church & Dwight from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a research report on Wednesday, June 7th. KeyCorp reaffirmed a “hold” rating on shares of Church & Dwight in a research report on Friday, August 25th. BidaskClub raised Church & Dwight from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. UBS AG reaffirmed a “sell” rating and set a $48.00 target price (up previously from $46.00) on shares of Church & Dwight in a research report on Tuesday, July 18th. Finally, Barclays PLC set a $49.00 target price on Church & Dwight and gave the company a “sell” rating in a research report on Sunday, August 6th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $51.24.

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Church & Dwight Company, Inc. (CHD) remained flat at $50.43 during mid-day trading on Monday. The company’s stock had a trading volume of 89,931 shares. The firm has a market capitalization of $12.58 billion, a PE ratio of 29.82 and a beta of 0.60. Church & Dwight Company, Inc. has a 12-month low of $42.56 and a 12-month high of $54.18. The stock’s 50-day moving average is $50.29 and its 200-day moving average is $50.92.

Church & Dwight (NYSE:CHD) last posted its earnings results on Thursday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $898.00 million for the quarter, compared to analyst estimates of $903.87 million. Church & Dwight had a return on equity of 24.21% and a net margin of 12.39%. Church & Dwight’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.85 earnings per share. Equities research analysts anticipate that Church & Dwight Company, Inc. will post $1.93 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Tuesday, August 15th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 1.51%. The ex-dividend date was Friday, August 11th. Church & Dwight’s dividend payout ratio (DPR) is presently 44.97%.

Church & Dwight 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.

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

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