Lourd Capital LLC bought a new stake in Church & Dwight Company, Inc. (NYSE:CHD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,136 shares of the company’s stock, valued at approximately $215,000.
Other large investors have also recently bought and sold shares of the company. Westside Investment Management Inc. purchased a new stake in Church & Dwight during the first quarter valued at $149,000. Parallel Advisors LLC raised its stake in Church & Dwight by 53.5% in the first quarter. Parallel Advisors LLC now owns 3,299 shares of the company’s stock valued at $161,000 after buying an additional 1,150 shares during the last quarter. Clean Yield Group purchased a new stake in Church & Dwight during the first quarter valued at $178,000. Van ECK Associates Corp raised its stake in Church & Dwight by 8.2% in the first quarter. Van ECK Associates Corp now owns 3,803 shares of the company’s stock valued at $190,000 after buying an additional 288 shares during the last quarter. Finally, FTB Advisors Inc. raised its stake in Church & Dwight by 2,069.4% in the first quarter. FTB Advisors Inc. now owns 3,905 shares of the company’s stock valued at $195,000 after buying an additional 3,725 shares during the last quarter. 82.05% of the stock is currently owned by institutional investors and hedge funds.
Church & Dwight Company, Inc. (NYSE:CHD) traded up 0.47% on Friday, reaching $49.62. 1,276,440 shares of the company’s stock were exchanged. Church & Dwight Company, Inc. has a 52 week low of $42.56 and a 52 week high of $54.18. The stock’s 50 day moving average is $52.21 and its 200 day moving average is $50.52. The company has a market cap of $12.38 billion, a price-to-earnings ratio of 29.34 and a beta of 0.57.
Church & Dwight (NYSE:CHD) last released its earnings results on Thursday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.02. Church & Dwight had a return on equity of 24.21% and a net margin of 12.39%. The firm had revenue of $898 million for the quarter, compared to analysts’ expectations of $903.87 million. During the same quarter in the previous year, the business posted $0.85 earnings per share. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. On average, equities analysts anticipate that Church & Dwight Company, Inc. will post $1.93 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Friday, August 11th. Church & Dwight’s dividend payout ratio is presently 44.97%.
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Several equities research analysts have recently weighed in on CHD shares. Jefferies Group LLC reaffirmed a “buy” rating and issued a $59.00 target price on shares of Church & Dwight in a report on Tuesday, June 13th. Zacks Investment Research raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a report on Wednesday, June 7th. Finally, BidaskClub raised shares of Church & Dwight from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the stock. Church & Dwight currently has a consensus rating of “Hold” and a consensus target price of $51.07.
In other news, Director Robert D. Leblanc sold 9,718 shares of Church & Dwight stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $49.84, for a total transaction of $484,345.12. Following the sale, the director now directly owns 56,497 shares of the company’s stock, valued at $2,815,810.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Steven P. Cugine sold 177,940 shares of Church & Dwight stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $50.30, for a total value of $8,950,382.00. Following the sale, the executive vice president now directly owns 46,348 shares in the company, valued at $2,331,304.40. 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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