TD Asset Management Inc. reduced its stake in Church & Dwight Company, Inc. (NYSE:CHD) by 11.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 731,789 shares of the company’s stock after selling 91,002 shares during the period. TD Asset Management Inc.’s holdings in Church & Dwight were worth $37,965,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. boosted its position in Church & Dwight by 2,267.4% in the first quarter. BlackRock Inc. now owns 19,461,970 shares of the company’s stock valued at $970,569,000 after buying an additional 18,639,877 shares during the period. State Street Corp boosted its position in Church & Dwight by 23.1% in the first quarter. State Street Corp now owns 14,762,551 shares of the company’s stock valued at $736,228,000 after buying an additional 2,769,003 shares during the period. Vanguard Group Inc. boosted its position in Church & Dwight by 4.0% in the first quarter. Vanguard Group Inc. now owns 27,439,085 shares of the company’s stock valued at $1,368,388,000 after buying an additional 1,054,013 shares during the period. Renaissance Technologies LLC boosted its position in Church & Dwight by 974.9% in the first quarter. Renaissance Technologies LLC now owns 692,230 shares of the company’s stock valued at $34,522,000 after buying an additional 627,830 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its position in Church & Dwight by 46.2% in the first quarter. UBS Asset Management Americas Inc. now owns 1,531,483 shares of the company’s stock valued at $76,375,000 after buying an additional 483,620 shares during the period. Institutional investors own 82.05% of the company’s stock.

Shares of 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 stock’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 1-year low of $42.56 and a 1-year high of $54.18.

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

The business 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 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Friday, August 11th. Church & Dwight’s dividend payout ratio is currently 44.97%.

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Several analysts have issued reports on the company. Morgan Stanley lowered Church & Dwight from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, May 16th. Zacks Investment Research lowered Church & Dwight from a “buy” rating to a “hold” rating in a research note on Tuesday, June 6th. BidaskClub raised Church & Dwight from a “hold” rating to a “buy” rating in a research note on Saturday, June 17th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $54.00 target price on shares of Church & Dwight in a research note on Wednesday, April 12th. Finally, Bank of America Corporation upped their target price on Church & Dwight from $51.00 to $53.00 and gave the stock an “underperform” rating in a research note on Monday, July 10th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $51.07.

In other news, EVP Steven P. Cugine sold 177,940 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was 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 owns 46,348 shares of the company’s stock, valued at approximately $2,331,304.40. The transaction was disclosed in a filing with the SEC, which is accessible through 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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