Church & Dwight Co., Inc. (NYSE:CHD) EVP Steven P. Cugine sold 177,940 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $50.30, for a total value of $8,950,382.00. Following the sale, the executive vice president now owns 46,348 shares in the company, valued at $2,331,304.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Church & Dwight Co., Inc. (NYSE:CHD) traded down 0.86% on Tuesday, reaching $49.86. The company had a trading volume of 624,305 shares. The company’s 50 day moving average price is $52.83 and its 200-day moving average price is $50.32. Church & Dwight Co., Inc. has a 1-year low of $42.56 and a 1-year high of $54.18. The stock has a market capitalization of $12.43 billion, a P/E ratio of 27.25 and a beta of 0.57.

Church & Dwight Co. (NYSE:CHD) last announced its earnings results on Thursday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $898 million for the quarter, compared to analyst estimates of $903.87 million. Church & Dwight Co. had a return on equity of 15.45% and a net margin of 8.12%. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.85 earnings per share. Equities analysts predict that Church & Dwight Co., Inc. will post $1.93 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Friday, August 11th. Church & Dwight Co.’s payout ratio is 44.97%.

COPYRIGHT VIOLATION WARNING: “Steven P. Cugine Sells 177,940 Shares of Church & Dwight Co., Inc. (NYSE:CHD) Stock” was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/08/08/steven-p-cugine-sells-177940-shares-of-church-dwight-co-inc-nysechd-stock.html.

CHD has been the topic of a number of recent research reports. Jefferies Group LLC restated a “buy” rating and set a $54.00 price objective on shares of Church & Dwight Co. in a research report on Wednesday, April 12th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $45.00 target price on shares of Church & Dwight Co. in a research note on Friday, May 5th. UBS AG reaffirmed a “sell” rating and set a $46.00 target price (up previously from $45.00) on shares of Church & Dwight Co. in a research note on Friday, May 5th. Zacks Investment Research raised Church & Dwight Co. from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a research note on Wednesday, May 10th. Finally, Morgan Stanley cut Church & Dwight Co. from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, May 16th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $51.07.

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Church & Dwight Co. by 4.0% in the first quarter. Vanguard Group Inc. now owns 27,439,085 shares of the company’s stock worth $1,368,388,000 after buying an additional 1,054,013 shares during the last quarter. BlackRock Inc. raised its stake in shares of Church & Dwight Co. by 2,267.4% in the first quarter. BlackRock Inc. now owns 19,461,970 shares of the company’s stock worth $970,569,000 after buying an additional 18,639,877 shares during the last quarter. State Street Corp raised its stake in shares of Church & Dwight Co. by 23.1% in the first quarter. State Street Corp now owns 14,762,551 shares of the company’s stock worth $736,228,000 after buying an additional 2,769,003 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Church & Dwight Co. by 1.2% in the second quarter. Bessemer Group Inc. now owns 4,814,253 shares of the company’s stock worth $249,764,000 after buying an additional 55,092 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Church & Dwight Co. by 7.7% in the first quarter. Geode Capital Management LLC now owns 2,900,524 shares of the company’s stock worth $144,473,000 after buying an additional 208,604 shares during the last quarter. 82.05% of the stock is currently owned by institutional investors.

About Church & Dwight Co.

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.

Insider Buying and Selling by Quarter for Church & Dwight Co. (NYSE:CHD)

Receive News & Ratings for Church & Dwight Co. Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight Co. Inc. and related companies with MarketBeat.com's FREE daily email newsletter.