Carnick & Kubik Group LLC increased its position in shares of Church & Dwight Company, Inc. (NYSE:CHD) by 24.2% during the second quarter, Holdings Channel reports. The fund owned 18,596 shares of the company’s stock after buying an additional 3,618 shares during the period. Carnick & Kubik Group LLC’s holdings in Church & Dwight were worth $965,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CHD. Canada Pension Plan Investment Board raised its stake in Church & Dwight by 1,807.1% in the second quarter. Canada Pension Plan Investment Board now owns 267,180 shares of the company’s stock worth $13,861,000 after buying an additional 253,170 shares during the last quarter. Legacy Capital Partners Inc. raised its stake in Church & Dwight by 5.0% in the second quarter. Legacy Capital Partners Inc. now owns 48,607 shares of the company’s stock worth $2,522,000 after buying an additional 2,301 shares during the last quarter. Barrett Asset Management LLC bought a new stake in Church & Dwight during the second quarter worth about $269,000. Baxter Bros Inc. raised its stake in Church & Dwight by 1.4% in the second quarter. Baxter Bros Inc. now owns 18,597 shares of the company’s stock worth $965,000 after buying an additional 250 shares during the last quarter. Finally, Advisor Partners LLC raised its stake in Church & Dwight by 26.0% in the second quarter. Advisor Partners LLC now owns 6,115 shares of the company’s stock worth $317,000 after buying an additional 1,262 shares during the last quarter. 82.05% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Company, Inc. (NYSE:CHD) opened at 49.92 on Thursday. The stock has a market cap of $12.44 billion, a price-to-earnings ratio of 27.28 and a beta of 0.57. The firm’s 50 day moving average price is $52.40 and its 200-day moving average price is $50.50. Church & Dwight Company, Inc. has a 52 week low of $42.56 and a 52 week high of $54.18.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Church & Dwight had a net margin of 12.39% and a return on equity of 24.21%. The firm had revenue of $898 million for the quarter, compared to analysts’ expectations of $903.87 million. During the same period in the previous year, the company posted $0.85 EPS. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. Analysts expect that Church & Dwight Company, Inc. will post $1.93 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Friday, August 11th. Church & Dwight’s payout ratio is 44.97%.

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A number of research firms recently issued reports on CHD. BidaskClub lowered Church & Dwight from a “hold” rating to a “sell” rating in a research note on Wednesday. Barclays PLC set a $49.00 target price on Church & Dwight and gave the company a “sell” rating in a research note on Sunday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $63.00 target price on shares of Church & Dwight in a research note on Thursday, August 3rd. Zacks Investment Research lowered Church & Dwight from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, UBS AG reaffirmed a “sell” rating and issued a $48.00 target price (up previously from $46.00) on shares of Church & Dwight in a research note on Tuesday, July 18th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $51.07.

In other Church & Dwight news, EVP Steven P. Cugine sold 177,940 shares of Church & Dwight stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $50.30, for a total transaction of $8,950,382.00. Following the transaction, the executive vice president now directly owns 46,348 shares in the company, valued at approximately $2,331,304.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 2.00% of the company’s stock.

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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