Morgan Dempsey Capital Management LLC reduced its stake in shares of Church & Dwight Company, Inc. (NYSE:CHD) by 3.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,708 shares of the company’s stock after selling 190 shares during the period. Morgan Dempsey Capital Management LLC’s holdings in Church & Dwight were worth $244,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in CHD. Conning Inc. boosted its stake in Church & Dwight by 0.7% in the first quarter. Conning Inc. now owns 6,190 shares of the company’s stock valued at $309,000 after buying an additional 40 shares during the last quarter. Somerset Trust Co boosted its stake in Church & Dwight by 0.4% in the second quarter. Somerset Trust Co now owns 10,661 shares of the company’s stock valued at $553,000 after buying an additional 44 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in Church & Dwight by 0.3% in the first quarter. Massmutual Trust Co. FSB ADV now owns 18,180 shares of the company’s stock valued at $907,000 after buying an additional 50 shares during the last quarter. Boston Financial Mangement LLC boosted its stake in Church & Dwight by 1.4% in the first quarter. Boston Financial Mangement LLC now owns 4,970 shares of the company’s stock valued at $248,000 after buying an additional 70 shares during the last quarter. Finally, Flagship Harbor Advisors LLC boosted its stake in Church & Dwight by 1.0% in the first quarter. Flagship Harbor Advisors LLC now owns 8,812 shares of the company’s stock valued at $440,000 after buying an additional 86 shares during the last quarter. Institutional investors and hedge funds own 82.05% of the company’s stock.

Shares of Church & Dwight Company, Inc. (NYSE CHD) opened at 49.58 on Friday. The stock’s 50 day moving average is $52.30 and its 200 day moving average is $50.49. 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 cap of $12.37 billion, a price-to-earnings ratio of 29.32 and a beta of 0.57.

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

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

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A number of research analysts have commented on the stock. Jefferies Group LLC restated a “buy” rating and set a $59.00 price target on shares of Church & Dwight in a research note on Tuesday, June 13th. Zacks Investment Research cut shares of Church & Dwight from a “buy” rating to a “hold” rating in a research note on Tuesday, June 6th. UBS AG restated a “sell” rating and set a $46.00 price target (up previously from $45.00) on shares of Church & Dwight in a research note on Friday, May 5th. BMO Capital Markets set a $50.00 price target on shares of Church & Dwight and gave the stock a “hold” rating in a research note on Monday, July 17th. Finally, Morgan Stanley cut shares of Church & Dwight from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, May 16th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $51.07.

In other news, Director Robert D. Leblanc sold 9,718 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director now owns 56,497 shares of the company’s stock, valued at approximately $2,815,810.48. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Steven P. Cugine sold 177,940 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $50.30, for a total transaction of $8,950,382.00. Following the sale, the executive vice president now directly owns 46,348 shares of the company’s stock, valued at approximately $2,331,304.40. The disclosure for this sale can be found here. Corporate insiders own 2.00% of the company’s stock.

About Church & Dwight

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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