Bp Plc Maintains Stake in Church & Dwight Company, Inc. (NYSE:CHD)

Bp Plc maintained its position in shares of Church & Dwight Company, Inc. (NYSE:CHD) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,000 shares of the company’s stock at the end of the second quarter. Bp Plc’s holdings in Church & Dwight were worth $1,607,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CHD. DnB Asset Management AS increased its position in shares of Church & Dwight by 26.8% in the first quarter. DnB Asset Management AS now owns 36,896 shares of the company’s stock valued at $1,840,000 after buying an additional 7,800 shares during the last quarter. Gateway Investment Advisers LLC increased its position in shares of Church & Dwight by 37.7% in the first quarter. Gateway Investment Advisers LLC now owns 267,848 shares of the company’s stock valued at $13,358,000 after buying an additional 73,332 shares during the last quarter. Reilly Financial Advisors LLC increased its position in shares of Church & Dwight by 9.4% in the first quarter. Reilly Financial Advisors LLC now owns 22,655 shares of the company’s stock valued at $1,130,000 after buying an additional 1,940 shares during the last quarter. Howland Capital Management LLC increased its position in shares of Church & Dwight by 77.0% in the first quarter. Howland Capital Management LLC now owns 10,805 shares of the company’s stock valued at $539,000 after buying an additional 4,699 shares during the last quarter. Finally, Cim LLC bought a new position in shares of Church & Dwight during the first quarter valued at approximately $493,000. 82.05% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Company, Inc. (NYSE CHD) opened at 49.62 on Friday. The firm has a 50-day moving average of $52.21 and a 200 day moving average of $50.52. Church & Dwight Company, Inc. has a 12 month low of $42.56 and a 12 month high of $54.18. The firm has a market capitalization of $12.38 billion, a PE ratio of 29.34 and a beta of 0.57.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be issued a $0.19 dividend. The ex-dividend date is Friday, August 11th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.53%. Church & Dwight’s payout ratio is 44.97%.

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Several equities analysts recently commented on the stock. Jefferies Group LLC reissued a “buy” rating and issued a $63.00 price objective (up previously from $60.00) on shares of Church & Dwight in a research note on Tuesday, July 18th. BMO Capital Markets set a $50.00 price objective on shares of Church & Dwight and gave the company a “hold” rating in a research note on Monday, July 17th. UBS AG reissued a “sell” rating and issued a $48.00 price objective (up previously from $46.00) on shares of Church & Dwight in a research note on Tuesday, July 18th. Zacks Investment Research downgraded shares of Church & Dwight from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, BidaskClub raised shares of Church & Dwight from a “hold” rating to a “buy” rating in a research note on Saturday, June 17th. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $51.07.

In related news, EVP Steven P. Cugine sold 177,940 shares of the company’s stock in a transaction 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 completion of the sale, 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robert D. Leblanc sold 9,718 shares of the company’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $49.84, for a total transaction of $484,345.12. Following the sale, the director now owns 56,497 shares of the company’s stock, valued at $2,815,810.48. The disclosure for this sale can be found here. 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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