Stephens Inc. AR bought a new stake in Church & Dwight Company, Inc. (NYSE:CHD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,309 shares of the company’s stock, valued at approximately $224,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake 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 acquiring an additional 1,054,013 shares during the last quarter. BlackRock Inc. lifted its stake 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 acquiring an additional 18,639,877 shares during the last quarter. State Street Corp lifted its stake 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 acquiring an additional 2,769,003 shares during the last quarter. Bessemer Group Inc. lifted its stake in Church & Dwight by 1.2% in the second quarter. Bessemer Group Inc. now owns 4,814,253 shares of the company’s stock valued at $249,764,000 after acquiring an additional 55,092 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Church & Dwight by 7.7% in the first quarter. Geode Capital Management LLC now owns 2,900,524 shares of the company’s stock valued at $144,473,000 after acquiring an additional 208,604 shares during the last quarter. Hedge funds and other institutional investors own 79.57% of the company’s stock.

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In other news, EVP Steven P. Cugine sold 177,940 shares of the stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $50.30, for a total value of $8,950,382.00. Following the completion of the sale, 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 legal filing with the SEC, which is available at this link. Also, Director Robert D. Leblanc sold 9,718 shares of the stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $49.84, for a total value of $484,345.12. Following the completion of the sale, the director now directly owns 56,497 shares of the company’s stock, valued at approximately $2,815,810.48. The disclosure for this sale can be found here. In the last three months, insiders sold 198,858 shares of company stock valued at $9,996,631. 2.00% of the stock is currently owned by insiders.

A number of research firms have issued reports on CHD. Zacks Investment Research upgraded shares of 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. Jefferies Group LLC reiterated a “buy” rating and issued a $59.00 target price on shares of Church & Dwight in a research note on Tuesday, June 13th. BMO Capital Markets set a $50.00 target price on shares of Church & Dwight and gave the company a “hold” rating in a research note on Monday, July 17th. UBS AG reiterated a “sell” rating and issued a $48.00 target price (up from $46.00) on shares of Church & Dwight in a research note on Tuesday, July 18th. Finally, KeyCorp reiterated a “hold” rating on shares of Church & Dwight in a research note on Friday, August 25th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $51.24.

Shares of Church & Dwight Company, Inc. (NYSE:CHD) opened at 48.61 on Friday. Church & Dwight Company, Inc. has a 52 week low of $42.56 and a 52 week high of $54.18. The stock has a 50 day moving average of $50.14 and a 200-day moving average of $50.94. The firm has a market capitalization of $12.13 billion, a PE ratio of 28.75 and a beta of 0.60.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $898.00 million during 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 firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.85 EPS. Equities analysts anticipate that Church & Dwight Company, Inc. will post $1.93 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.56%. The ex-dividend date was Friday, August 11th. Church & Dwight’s payout ratio is presently 44.97%.

Church & Dwight 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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