Robeco Institutional Asset Management B.V. cut its stake in Church & Dwight Company, Inc. (NYSE:CHD) by 6.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 986,826 shares of the company’s stock after selling 63,541 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.40% of Church & Dwight worth $51,196,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Intrust Bank NA increased its stake in shares of Church & Dwight by 12.5% in the second quarter. Intrust Bank NA now owns 10,059 shares of the company’s stock valued at $521,000 after buying an additional 1,118 shares during the period. GHP Investment Advisors Inc. increased its stake in shares of Church & Dwight by 1.9% in the second quarter. GHP Investment Advisors Inc. now owns 39,636 shares of the company’s stock valued at $2,056,000 after buying an additional 733 shares during the period. Parallel Advisors LLC increased its stake in shares of Church & Dwight by 9.6% in the second quarter. Parallel Advisors LLC now owns 3,616 shares of the company’s stock valued at $193,000 after buying an additional 317 shares during the period. Aviva PLC increased its stake in shares of Church & Dwight by 7.8% in the second quarter. Aviva PLC now owns 1,077,026 shares of the company’s stock valued at $55,855,000 after buying an additional 78,013 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Church & Dwight by 0.6% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 869,495 shares of the company’s stock valued at $45,109,000 after buying an additional 5,600 shares during the period. 80.62% of the stock is owned by hedge funds and other institutional investors.

Shares of Church & Dwight Company, Inc. (NYSE CHD) opened at 49.74 on Friday. The company’s 50 day moving average price is $51.57 and its 200-day moving average price is $50.83. Church & Dwight Company, Inc. has a 12 month low of $42.56 and a 12 month high of $54.18. The stock has a market capitalization of $12.41 billion, a P/E ratio of 29.41 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.02. The business had revenue of $898 million during the quarter, compared to analysts’ expectations 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 quarter last year, the company posted $0.85 earnings per share. Equities analysts predict that Church & Dwight Company, Inc. will post $1.93 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders 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 dividend payout ratio is currently 44.97%.

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

In other Church & Dwight news, Director Robert D. Leblanc sold 9,718 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $49.84, for a total value of $484,345.12. Following the completion of the transaction, the director now owns 56,497 shares of the company’s stock, valued at $2,815,810.48. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Steven P. Cugine sold 177,940 shares of the firm’s stock in a transaction 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 completion of the transaction, 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. Company 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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