Parametric Portfolio Associates LLC Sells 28,164 Shares of Church & Dwight Co., Inc. (NYSE:CHD)
Parametric Portfolio Associates LLC decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 2.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,188,380 shares of the company’s stock after selling 28,164 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in Church & Dwight were worth $86,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently added to or reduced their stakes in CHD. Thoroughbred Financial Services LLC increased its stake in Church & Dwight by 7,373.9% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 1,044,333 shares of the company’s stock worth $104,433,000 after acquiring an additional 1,030,360 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Church & Dwight by 70.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,640,801 shares of the company’s stock valued at $116,874,000 after purchasing an additional 677,488 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Church & Dwight by 13.4% during the 4th quarter. Geode Capital Management LLC now owns 3,403,820 shares of the company’s stock valued at $223,470,000 after purchasing an additional 403,357 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Church & Dwight by 214.7% during the 2nd quarter. Renaissance Technologies LLC now owns 514,200 shares of the company’s stock valued at $37,567,000 after purchasing an additional 350,800 shares during the last quarter. Finally, Columbus Circle Investors increased its position in shares of Church & Dwight by 116.4% during the 2nd quarter. Columbus Circle Investors now owns 353,856 shares of the company’s stock valued at $25,853,000 after purchasing an additional 190,347 shares during the last quarter. 82.34% of the stock is currently owned by institutional investors and hedge funds.
In related news, Director James Craigie sold 4,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $80.31, for a total transaction of $321,240.00. Following the completion of the sale, the director now directly owns 9,806 shares in the company, valued at approximately $787,519.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Maynadier Patrick D. De sold 37,500 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $80.00, for a total value of $3,000,000.00. Following the sale, the executive vice president now owns 47,231 shares of the company’s stock, valued at $3,778,480. The disclosure for this sale can be found here. Insiders have sold a total of 90,418 shares of company stock valued at $7,198,251 over the last 90 days. 2.00% of the stock is currently owned by company insiders.
CHD traded down $0.76 during trading hours on Friday, reaching $71.89. 115,148 shares of the company’s stock traded hands, compared to its average volume of 1,637,057. The firm has a 50-day moving average price of $77.19 and a 200 day moving average price of $73.79. Church & Dwight Co., Inc. has a 52-week low of $54.46 and a 52-week high of $80.99. The company has a quick ratio of 0.44, a current ratio of 0.78 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $17.97 billion, a PE ratio of 31.66, a PEG ratio of 3.31 and a beta of 0.14.
Church & Dwight (NYSE:CHD) last issued its earnings results on Wednesday, July 31st. The company reported $0.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.05. Church & Dwight had a return on equity of 24.57% and a net margin of 14.24%. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the business earned $0.49 EPS. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. Equities analysts predict that Church & Dwight Co., Inc. will post 2.48 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend was Wednesday, August 14th. Church & Dwight’s dividend payout ratio (DPR) is currently 40.09%.
Church & Dwight Profile
Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products; and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.
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