Robecosam AG lifted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 8.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,290 shares of the company’s stock after buying an additional 1,690 shares during the period. Robecosam AG’s holdings in Church & Dwight were worth $1,630,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of CHD. Janus Henderson Group PLC boosted its stake in shares of Church & Dwight by 95.5% during the 1st quarter. Janus Henderson Group PLC now owns 2,261,846 shares of the company’s stock worth $161,112,000 after buying an additional 1,105,055 shares during the last quarter. Thoroughbred Financial Services LLC lifted 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 valued at $104,433,000 after purchasing an additional 1,030,360 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Church & Dwight by 70.3% in 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 lifted its stake in Church & Dwight by 13.4% in 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. Finally, Robeco Institutional Asset Management B.V. lifted its stake in Church & Dwight by 46.1% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 1,077,680 shares of the company’s stock valued at $76,764,000 after purchasing an additional 340,296 shares during the last quarter. Institutional investors own 81.68% of the company’s stock.
In other Church & Dwight news, VP Steven J. Katz sold 11,760 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $74.32, for a total transaction of $874,003.20. Following the completion of the sale, the vice president now directly owns 13,018 shares in the company, valued at $967,497.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Steven P. Cugine sold 14,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $74.21, for a total transaction of $1,076,045.00. Following the sale, the executive vice president now owns 38,766 shares of the company’s stock, valued at $2,876,824.86. The disclosure for this sale can be found here. Insiders have sold 71,344 shares of company stock valued at $5,415,046 over the last 90 days. Company insiders own 2.00% of the company’s stock.
Several equities research analysts recently issued reports on CHD shares. BMO Capital Markets raised their target price on shares of Church & Dwight to $75.00 and gave the company a “market perform” rating in a research note on Friday, May 3rd. Citigroup downgraded shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $73.80 target price for the company. in a research note on Thursday, May 2nd. SunTrust Banks raised their target price on shares of Church & Dwight to $80.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Atlantic Securities downgraded shares of Church & Dwight from an “overweight” rating to a “neutral” rating in a research note on Monday, May 13th. Finally, Zacks Investment Research downgraded shares of Church & Dwight from a “buy” rating to a “hold” rating and set a $77.00 target price for the company. in a research note on Thursday, May 30th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $71.16.
CHD stock traded up $0.24 during mid-day trading on Wednesday, hitting $78.67. 26,854 shares of the company were exchanged, compared to its average volume of 1,539,108. The business has a 50 day simple moving average of $75.09. 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 cap of $19.30 billion, a PE ratio of 34.69, a PEG ratio of 3.55 and a beta of 0.18. Church & Dwight Co., Inc. has a 1-year low of $54.46 and a 1-year high of $79.22.
Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.05. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.07 billion. Church & Dwight had a net margin of 14.24% and a return on equity of 24.57%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the business posted $0.49 earnings per share. Sell-side analysts predict that Church & Dwight Co., Inc. will post 2.48 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be given a dividend of $0.228 per share. The ex-dividend date is Wednesday, August 14th. This represents a $0.91 annualized dividend and a yield of 1.16%. Church & Dwight’s dividend payout ratio (DPR) is presently 40.09%.
Church & Dwight Company 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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