Public Employees Retirement Association of Colorado cut its stake in Church & Dwight Company, Inc. (NYSE:CHD) by 0.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,709 shares of the company’s stock after selling 303 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Church & Dwight were worth $2,579,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Teachers Advisors LLC increased its position in Church & Dwight by 8.3% in the fourth quarter. Teachers Advisors LLC now owns 485,581 shares of the company’s stock valued at $21,458,000 after buying an additional 37,140 shares during the period. Chevy Chase Trust Holdings Inc. increased its position in Church & Dwight by 1.3% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 219,509 shares of the company’s stock valued at $10,946,000 after buying an additional 2,725 shares during the period. Gulf International Bank UK Ltd increased its position in Church & Dwight by 1.5% in the first quarter. Gulf International Bank UK Ltd now owns 80,120 shares of the company’s stock valued at $3,995,000 after buying an additional 1,200 shares during the period. National Pension Service increased its position in Church & Dwight by 4.7% in the first quarter. National Pension Service now owns 232,933 shares of the company’s stock valued at $11,654,000 after buying an additional 10,468 shares during the period. Finally, Bank of Montreal Can increased its position in Church & Dwight by 10.3% in the first quarter. Bank of Montreal Can now owns 332,916 shares of the company’s stock valued at $16,603,000 after buying an additional 31,108 shares during the period. 82.05% of the stock is owned by institutional investors.

Church & Dwight Company, Inc. (CHD) opened at 50.29 on Tuesday. The stock has a 50 day moving average price of $52.83 and a 200 day moving average price of $50.32. The stock has a market capitalization of $12.53 billion, a P/E ratio of 27.48 and a beta of 0.57. Church & Dwight Company, Inc. has a 12 month low of $42.56 and a 12 month high of $54.18.

Church & Dwight (NYSE:CHD) last posted its earnings results on Thursday, August 3rd. The company reported $0.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.02. Church & Dwight had a return on equity of 24.21% and a net margin of 12.39%. The firm had revenue of $898 million for the quarter, compared to analysts’ expectations of $903.87 million. During the same period last year, the firm earned $0.85 EPS. The company’s quarterly revenue was up 2.3% on a year-over-year basis. Equities analysts predict that Church & Dwight Company, Inc. will post $1.93 EPS for the current fiscal year.

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

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Several equities analysts recently weighed in on CHD shares. Morgan Stanley downgraded Church & Dwight from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 16th. Zacks Investment Research downgraded Church & Dwight from a “buy” rating to a “hold” rating in a research report on Tuesday, June 6th. BidaskClub upgraded Church & Dwight from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Jefferies Group LLC reiterated a “buy” rating and set a $54.00 target price on shares of Church & Dwight in a research report on Wednesday, April 12th. Finally, Bank of America Corporation lifted their target price on Church & Dwight from $51.00 to $53.00 and gave the company an “underperform” rating in a research report on Monday, July 10th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $51.07.

Church & Dwight Company Profile

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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