Northwestern Mutual Wealth Management Co. increased its holdings in Church & Dwight Company, Inc. (NYSE:CHD) by 8.1% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 4,865 shares of the company’s stock after buying an additional 365 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Church & Dwight were worth $252,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CHD. First Trust Advisors LP increased its holdings in Church & Dwight by 49.4% in the 1st quarter. First Trust Advisors LP now owns 74,045 shares of the company’s stock worth $3,693,000 after buying an additional 24,496 shares in the last quarter. UBS Asset Management Americas Inc. increased its holdings in Church & Dwight by 46.2% in the 1st quarter. UBS Asset Management Americas Inc. now owns 1,531,483 shares of the company’s stock worth $76,375,000 after buying an additional 483,620 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Church & Dwight by 27.4% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,888 shares of the company’s stock worth $942,000 after buying an additional 4,064 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Church & Dwight by 3.6% in the 1st quarter. Ameriprise Financial Inc. now owns 310,512 shares of the company’s stock worth $15,466,000 after buying an additional 10,907 shares in the last quarter. Finally, Toronto Dominion Bank increased its holdings in Church & Dwight by 54.2% in the 1st quarter. Toronto Dominion Bank now owns 68,759 shares of the company’s stock worth $3,429,000 after buying an additional 24,181 shares in the last quarter. Institutional investors own 79.57% of the company’s stock.

Church & Dwight Company, Inc. (CHD) opened at 50.61 on Tuesday. The firm has a 50-day moving average price of $50.21 and a 200 day moving average price of $50.94. The stock has a market capitalization of $12.63 billion, a PE ratio of 29.93 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.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The business 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%. The company’s revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.85 earnings per share. Equities analysts anticipate that Church & Dwight Company, Inc. will post $1.93 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend was Friday, August 11th. Church & Dwight’s dividend payout ratio is presently 44.97%.

In other news, EVP Steven P. Cugine sold 177,940 shares of the stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $50.30, for a total value of $8,950,382.00. Following the transaction, the executive vice president now directly owns 46,348 shares of the company’s stock, valued at $2,331,304.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert D. Leblanc sold 9,718 shares of the stock in a transaction dated 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 directly owns 56,497 shares in the company, valued at $2,815,810.48. The disclosure for this sale can be found here. Insiders sold 198,858 shares of company stock worth $9,996,631 over the last three months. Corporate insiders own 2.00% of the company’s stock.

WARNING: This news story was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/09/19/church-dwight-company-inc-chd-shares-bought-by-northwestern-mutual-wealth-management-co.html.

Several equities research analysts recently commented on the company. BidaskClub downgraded Church & Dwight from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Zacks Investment Research upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a report on Thursday, June 1st. Jefferies Group LLC reiterated a “buy” rating and issued a $63.00 price objective on shares of Church & Dwight in a report on Thursday, August 3rd. Barclays PLC set a $49.00 price objective on Church & Dwight and gave the stock a “sell” rating in a report on Sunday, August 6th. Finally, Macquarie assumed coverage on Church & Dwight in a report on Friday. They issued a “neutral” rating and a $52.00 price objective for the company. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. Church & Dwight presently has an average rating of “Hold” and a consensus price target of $51.24.

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.

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

Receive News & Stock Ratings for Church & Dwight Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight Company Inc. and related stocks with our FREE daily email newsletter.