Swiss National Bank decreased its stake in Church & Dwight Company, Inc. (NYSE:CHD) by 20.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,765,116 shares of the company’s stock after selling 444,700 shares during the period. Swiss National Bank owned approximately 0.71% of Church & Dwight worth $91,574,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Eagle Asset Management Inc. boosted its stake in Church & Dwight by 12.9% in the second quarter. Eagle Asset Management Inc. now owns 963,886 shares of the company’s stock valued at $50,006,000 after buying an additional 110,141 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake in Church & Dwight by 2.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 8,764 shares of the company’s stock valued at $455,000 after buying an additional 219 shares during the last quarter. Pacad Investment Ltd. boosted its stake in Church & Dwight by 28.8% in the second quarter. Pacad Investment Ltd. now owns 6,600 shares of the company’s stock valued at $342,000 after buying an additional 1,475 shares during the last quarter. Chicago Equity Partners LLC acquired a new stake in Church & Dwight during the second quarter valued at $346,000. Finally, Principal Financial Group Inc. boosted its stake in Church & Dwight by 11.4% in the second quarter. Principal Financial Group Inc. now owns 440,905 shares of the company’s stock valued at $22,874,000 after buying an additional 45,203 shares during the last quarter. Hedge funds and other institutional investors own 79.63% of the company’s stock.

Shares of Church & Dwight Company, Inc. (NYSE:CHD) opened at 50.21 on Friday. Church & Dwight Company, Inc. has a one year low of $42.56 and a one year high of $54.18. The firm has a market capitalization of $12.53 billion, a P/E ratio of 29.69 and a beta of 0.60. The firm’s 50-day moving average price is $51.26 and its 200-day moving average price is $50.90.

Church & Dwight (NYSE:CHD) last issued 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 firm had revenue of $898 million during the quarter, compared to the consensus estimate of $903.87 million. Church & Dwight had a net margin of 12.39% and a return on equity of 24.21%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.85 earnings per share. On average, equities analysts forecast that Church & Dwight Company, Inc. will post $1.93 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th were paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend was Friday, August 11th. Church & Dwight’s dividend payout ratio (DPR) is 44.97%.

COPYRIGHT VIOLATION WARNING: “Church & Dwight Company, Inc. (CHD) Stake Reduced by Swiss National Bank” was originally posted by Watch List News and is the property of of Watch List News. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.watchlistnews.com/church-dwight-company-inc-chd-stake-reduced-by-swiss-national-bank/1537793.html.

Several research firms have weighed in on CHD. KeyCorp restated a “hold” rating on shares of Church & Dwight in a research note on Friday, August 25th. BidaskClub upgraded Church & Dwight from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Barclays PLC set a $49.00 target price on Church & Dwight and gave the stock a “sell” rating in a research note on Sunday, August 6th. Jefferies Group LLC restated a “buy” rating and set a $63.00 target price on shares of Church & Dwight in a research note on Thursday, August 3rd. Finally, Zacks Investment Research cut Church & Dwight from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $51.07.

In other news, EVP Steven P. Cugine sold 177,940 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 46,348 shares of the company’s stock, valued at $2,331,304.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Robert D. Leblanc sold 9,718 shares of the company’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $49.84, for a total transaction of $484,345.12. Following the transaction, the director now directly owns 56,497 shares of the company’s stock, valued at $2,815,810.48. The disclosure for this sale can be found here. Corporate 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.

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

Receive News & Ratings for Church & Dwight Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight Company Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.