Dai Ichi Life Insurance Company Ltd bought a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the second quarter, HoldingsChannel reports. The firm bought 3,838 shares of the company’s stock, valued at approximately $204,000.

Several other large investors also recently modified their holdings of the stock. Wells Fargo & Company MN boosted its position in shares of Church & Dwight by 45.0% during the second quarter. Wells Fargo & Company MN now owns 3,428,959 shares of the company’s stock worth $182,283,000 after acquiring an additional 1,064,241 shares during the last quarter. FMR LLC boosted its position in shares of Church & Dwight by 7.4% during the second quarter. FMR LLC now owns 2,758,699 shares of the company’s stock worth $146,652,000 after acquiring an additional 190,608 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Church & Dwight by 11.4% during the first quarter. American Century Companies Inc. now owns 2,132,530 shares of the company’s stock worth $107,394,000 after acquiring an additional 218,040 shares during the last quarter. Swiss National Bank boosted its position in shares of Church & Dwight by 0.7% during the second quarter. Swiss National Bank now owns 1,690,016 shares of the company’s stock worth $89,841,000 after acquiring an additional 12,300 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Church & Dwight by 14.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,107,188 shares of the company’s stock worth $58,859,000 after acquiring an additional 137,060 shares during the last quarter. Hedge funds and other institutional investors own 85.03% of the company’s stock.

In other news, VP Richard A. Dierker sold 33,900 shares of the stock in a transaction on Monday, August 6th. The shares were sold at an average price of $57.24, for a total value of $1,940,436.00. Following the sale, the vice president now owns 25,376 shares of the company’s stock, valued at $1,452,522.24. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Matthew Farrell sold 19,278 shares of the stock in a transaction on Friday, June 15th. The shares were sold at an average price of $50.13, for a total transaction of $966,406.14. Following the completion of the sale, the insider now directly owns 104,070 shares in the company, valued at approximately $5,217,029.10. The disclosure for this sale can be found here. Insiders have sold 529,969 shares of company stock valued at $29,913,310 in the last quarter. 2.00% of the stock is owned by company insiders.

CHD has been the subject of a number of research reports. Bank of America upped their target price on shares of Church & Dwight from $51.00 to $55.00 and gave the stock an “underperform” rating in a research report on Monday, July 16th. Stifel Nicolaus upped their target price on shares of Church & Dwight from $48.00 to $52.00 and gave the stock a “hold” rating in a research report on Friday, August 3rd. Zacks Investment Research upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Monday, May 21st. Oppenheimer increased their price objective on shares of Church & Dwight from $54.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday, July 19th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $55.00 price objective on shares of Church & Dwight in a research report on Sunday, June 10th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $54.00.

CHD stock opened at $58.69 on Friday. Church & Dwight Co., Inc. has a 52 week low of $43.21 and a 52 week high of $58.94. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.46. The firm has a market cap of $14.26 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 2.55 and a beta of 0.38.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Thursday, August 2nd. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.02. Church & Dwight had a net margin of 20.29% and a return on equity of 25.21%. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business earned $0.41 earnings per share. Church & Dwight’s quarterly revenue was up 14.5% compared to the same quarter last year. research analysts anticipate that Church & Dwight Co., Inc. will post 2.28 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 4th. Shareholders of record on Wednesday, August 15th were given a dividend of $0.2175 per share. The ex-dividend date of this dividend was Tuesday, August 14th. This represents a $0.87 annualized dividend and a yield of 1.48%. Church & Dwight’s dividend payout ratio (DPR) is currently 44.85%.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesic products under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; and water flossers and replacement showerheads under the WATERPIK brand.

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

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