OppenheimerFunds Inc. decreased its stake in shares of Church & Dwight Company, Inc. (NYSE:CHD) by 1.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,891 shares of the company’s stock after selling 169 shares during the period. OppenheimerFunds Inc.’s holdings in Church & Dwight were worth $443,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Van ECK Associates Corp increased its stake in shares of Church & Dwight by 8.2% in the first quarter. Van ECK Associates Corp now owns 3,803 shares of the company’s stock valued at $190,000 after buying an additional 288 shares in the last quarter. First Business Financial Services Inc. acquired a new stake in shares of Church & Dwight during the first quarter valued at $512,000. BB&T Securities LLC increased its stake in shares of Church & Dwight by 437.9% in the first quarter. BB&T Securities LLC now owns 280,837 shares of the company’s stock valued at $14,005,000 after buying an additional 228,629 shares in the last quarter. Motley Fool Wealth Management LLC increased its stake in shares of Church & Dwight by 30.8% in the first quarter. Motley Fool Wealth Management LLC now owns 87,638 shares of the company’s stock valued at $4,371,000 after buying an additional 20,626 shares in the last quarter. Finally, MAI Capital Management increased its stake in shares of Church & Dwight by 2.4% in the first quarter. MAI Capital Management now owns 18,773 shares of the company’s stock valued at $936,000 after buying an additional 435 shares in the last quarter. Institutional investors own 82.40% of the company’s stock.

Church & Dwight Company, Inc. (CHD) opened at 53.33 on Tuesday. Church & Dwight Company, Inc. has a 1-year low of $42.56 and a 1-year high of $54.18. The company has a 50-day moving average price of $51.93 and a 200-day moving average price of $48.96. The firm has a market capitalization of $13.29 billion, a P/E ratio of 29.14 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, May 4th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.06. Church & Dwight had a net margin of 13.56% and a return on equity of 24.11%. The company had revenue of $877.20 million for the quarter, compared to the consensus estimate of $869.06 million. During the same quarter in the previous year, the firm posted $0.43 EPS. The business’s revenue was up 3.3% compared to the same quarter last year. On average, equities research analysts predict that Church & Dwight Company, Inc. will post $1.93 earnings per share for the current fiscal year.

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Several brokerages have recently weighed in on CHD. Jefferies Group LLC restated a “buy” rating and set a $63.00 target price on shares of Church & Dwight in a research note on Tuesday. Bank of America Corporation raised their target price on Church & Dwight from $51.00 to $53.00 and gave the company an “underperform” rating in a research note on Monday, July 10th. Zacks Investment Research upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a research note on Friday, July 7th. Finally, BidaskClub downgraded Church & Dwight from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company. Church & Dwight has an average rating of “Hold” and a consensus target price of $50.83.

About Church & Dwight

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.

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

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