Robeco Institutional Asset Management B.V. cut its position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,021,122 shares of the company’s stock after selling 22,386 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Church & Dwight were worth $98,140,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund lifted its position in Church & Dwight by 0.5% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 21,115 shares of the company’s stock valued at $2,325,000 after purchasing an additional 110 shares during the last quarter. Versant Capital Management Inc increased its stake in Church & Dwight by 42.1% during the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company’s stock valued at $42,000 after buying an additional 112 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in Church & Dwight by 19.5% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 687 shares of the company’s stock valued at $76,000 after buying an additional 112 shares during the period. KFG Wealth Management LLC increased its stake in Church & Dwight by 2.2% during the 1st quarter. KFG Wealth Management LLC now owns 5,476 shares of the company’s stock valued at $603,000 after buying an additional 119 shares during the period. Finally, Manchester Capital Management LLC increased its stake in Church & Dwight by 3.8% during the 1st quarter. Manchester Capital Management LLC now owns 3,243 shares of the company’s stock valued at $357,000 after buying an additional 119 shares during the period. 86.60% of the stock is currently owned by institutional investors.
Church & Dwight Stock Performance
Church & Dwight stock opened at $88.38 on Friday. The firm’s 50 day simple moving average is $92.22 and its 200-day simple moving average is $96.96. The company has a market cap of $21.53 billion, a P/E ratio of 41.69, a price-to-earnings-growth ratio of 3.63 and a beta of 0.43. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. Church & Dwight Co., Inc. has a fifty-two week low of $85.08 and a fifty-two week high of $116.46.
Church & Dwight Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is 55.66%.
Wall Street Analyst Weigh In
Several research firms have commented on CHD. UBS Group raised their target price on shares of Church & Dwight from $102.00 to $103.00 and gave the company a “neutral” rating in a research note on Thursday, July 17th. Evercore ISI lowered their target price on shares of Church & Dwight from $102.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 4th. Barclays lowered their price objective on shares of Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a research note on Monday, August 4th. Redburn Atlantic cut shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a research note on Monday, July 14th. Finally, Wells Fargo & Company lowered their price objective on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $103.44.
Get Our Latest Stock Report on CHD
Insider Transactions at Church & Dwight
In other news, EVP Michael Read bought 2,000 shares of the company’s stock in a transaction dated Tuesday, August 5th. The shares were acquired at an average cost of $91.27 per share, with a total value of $182,540.00. Following the completion of the transaction, the executive vice president directly owned 7,505 shares in the company, valued at approximately $684,981.35. The trade was a 36.33% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Lee B. Mcchesney bought 5,409 shares of the company’s stock in a transaction dated Friday, August 8th. The stock was purchased at an average cost of $91.38 per share, for a total transaction of $494,274.42. Following the completion of the transaction, the executive vice president owned 5,409 shares of the company’s stock, valued at $494,274.42. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 12,879 shares of company stock valued at $1,177,702 over the last ninety days. Corporate insiders own 2.00% of the company’s stock.
Church & Dwight Company Profile
Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.
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