Keybank National Association OH reduced its stake in Church & Dwight Company, Inc. (NYSE:CHD) by 23.1% during the fourth quarter, Holdings Channel reports. The fund owned 348,103 shares of the company’s stock after selling 104,509 shares during the period. Keybank National Association OH’s holdings in Church & Dwight Company were worth $15,383,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Commonwealth Bank of Australia raised its position in shares of Church & Dwight Company by 100.0% in the third quarter. Commonwealth Bank of Australia now owns 2,164 shares of the company’s stock valued at $104,000 after buying an additional 1,082 shares during the last quarter. Assetmark Inc. raised its position in shares of Church & Dwight Company by 97.0% in the third quarter. Assetmark Inc. now owns 2,246 shares of the company’s stock valued at $108,000 after buying an additional 1,106 shares during the last quarter. Bellwether Investment Group LLC purchased a new position in shares of Church & Dwight Company during the second quarter valued at $123,000. Citizens Financial Group Inc RI raised its position in shares of Church & Dwight Company by 100.0% in the third quarter. Citizens Financial Group Inc RI now owns 2,700 shares of the company’s stock valued at $129,000 after buying an additional 1,350 shares during the last quarter. Finally, Sandy Spring Bank raised its position in shares of Church & Dwight Company by 100.0% in the third quarter. Sandy Spring Bank now owns 1,156 shares of the company’s stock valued at $132,000 after buying an additional 578 shares during the last quarter. 78.56% of the stock is currently owned by institutional investors.

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

Shares of Church & Dwight Company, Inc. (NYSE:CHD) traded up 1.41% on Friday, hitting $49.62. The stock had a trading volume of 2,125,805 shares. The firm’s 50 day moving average is $45.71 and its 200-day moving average is $46.71. Church & Dwight Company, Inc. has a one year low of $42.56 and a one year high of $53.68. The stock has a market capitalization of $12.72 billion, a PE ratio of 28.35 and a beta of 0.43.

Church & Dwight Company (NYSE:CHD) last posted its earnings results on Tuesday, February 7th. The company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.02. The firm had revenue of $896 million for the quarter, compared to analyst estimates of $889.23 million. Church & Dwight Company had a return on equity of 23.11% and a net margin of 13.14%. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.82 earnings per share. Equities research analysts expect that Church & Dwight Company, Inc. will post $1.90 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 1st. Shareholders of record on Tuesday, February 21st will be issued a dividend of $0.19 per share. The ex-dividend date is Thursday, February 16th. This is a positive change from Church & Dwight Company’s previous quarterly dividend of $0.18. This represents a $0.76 annualized dividend and a yield of 1.55%. Church & Dwight Company’s payout ratio is currently 40.69%.

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Several research analysts have weighed in on CHD shares. Jefferies Group LLC reaffirmed a “buy” rating and issued a $53.00 target price (down from $59.00) on shares of Church & Dwight Company in a research report on Monday, November 7th. Vetr lowered Church & Dwight Company from a “buy” rating to a “hold” rating and set a $46.83 target price on the stock. in a research report on Monday, January 23rd. Deutsche Bank AG lowered Church & Dwight Company from a “buy” rating to a “hold” rating and dropped their target price for the stock from $48.00 to $46.00 in a research report on Wednesday, January 18th. Zacks Investment Research raised Church & Dwight Company from a “sell” rating to a “hold” rating in a research report on Thursday, February 9th. Finally, RBC Capital Markets set a $45.00 target price on Church & Dwight Company and gave the stock a “hold” rating in a research report on Monday, January 2nd. Three 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 a consensus price target of $48.29.

In other Church & Dwight Company news, EVP Richard A. Dierker bought 1,000 shares of Church & Dwight Company stock in a transaction on Monday, November 21st. The shares were purchased at an average cost of $44.82 per share, for a total transaction of $44,820.00. Following the completion of the acquisition, the executive vice president now owns 5,200 shares in the company, valued at approximately $233,064. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 2.17% of the company’s stock.

About Church & Dwight Company

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company operates in three segments: Consumer Domestic, which includes consumer products, as well as other household and personal care products; Consumer International, which markets a range of personal care products, household and over-the-counter products in international markets, and Specialty Products Division (SPD), a producer of sodium bicarbonate.

5 Day Chart for NYSE:CHD

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