Isthmus Partners LLC Acquires 1,012 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Isthmus Partners LLC raised its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,683 shares of the company’s stock after acquiring an additional 1,012 shares during the period. Isthmus Partners LLC’s holdings in Church & Dwight were worth $8,836,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. boosted its holdings in Church & Dwight by 0.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 153,555 shares of the company’s stock valued at $13,086,000 after acquiring an additional 542 shares during the period. Toronto Dominion Bank raised its position in shares of Church & Dwight by 2.9% during the second quarter. Toronto Dominion Bank now owns 154,450 shares of the company’s stock valued at $13,162,000 after buying an additional 4,311 shares during the last quarter. Edgestream Partners L.P. raised its position in shares of Church & Dwight by 974.9% during the second quarter. Edgestream Partners L.P. now owns 69,998 shares of the company’s stock valued at $5,965,000 after buying an additional 63,486 shares during the last quarter. South State Corp raised its position in shares of Church & Dwight by 9.3% during the second quarter. South State Corp now owns 13,669 shares of the company’s stock valued at $1,164,000 after buying an additional 1,167 shares during the last quarter. Finally, Empirical Finance LLC raised its position in shares of Church & Dwight by 17.2% during the second quarter. Empirical Finance LLC now owns 2,915 shares of the company’s stock valued at $248,000 after buying an additional 428 shares during the last quarter. Institutional investors own 80.50% of the company’s stock.

In other news, CMO Britta Bomhard sold 40,675 shares of the stock in a transaction that occurred on Monday, August 2nd. The shares were sold at an average price of $85.59, for a total transaction of $3,481,373.25. Following the sale, the chief marketing officer now directly owns 44,958 shares of the company’s stock, valued at $3,847,955.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert K. Shearer sold 14,660 shares of the stock in a transaction that occurred on Friday, August 20th. The shares were sold at an average price of $86.60, for a total transaction of $1,269,556.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 94,073 shares of company stock valued at $8,108,739. Company insiders own 2.00% of the company’s stock.

CHD has been the subject of a number of research analyst reports. UBS Group initiated coverage on shares of Church & Dwight in a research report on Wednesday, June 23rd. They set a “neutral” rating and a $85.00 price objective for the company. Credit Suisse Group cut their price objective on shares of Church & Dwight from $102.00 to $100.00 and set an “outperform” rating for the company in a research report on Monday, August 2nd. Finally, Raymond James lowered shares of Church & Dwight from a “market perform” rating to an “underperform” rating in a research report on Tuesday, July 13th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and an average price target of $91.78.

Shares of NYSE CHD traded down $0.16 during mid-day trading on Wednesday, hitting $83.55. 11,370 shares of the stock were exchanged, compared to its average volume of 1,375,536. The company has a market cap of $20.52 billion, a P/E ratio of 26.24, a PEG ratio of 3.44 and a beta of 0.39. The stock’s fifty day simple moving average is $85.05 and its two-hundred day simple moving average is $85.37. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.42 and a current ratio of 0.82. Church & Dwight Co., Inc. has a twelve month low of $77.62 and a twelve month high of $96.31.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, July 29th. The company reported $0.76 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.06. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.26 billion. Church & Dwight had a net margin of 15.96% and a return on equity of 22.20%. The company’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $0.77 earnings per share. As a group, equities research analysts predict that Church & Dwight Co., Inc. will post 3 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 1st. Stockholders of record on Monday, August 16th were issued a dividend of $0.2525 per share. This represents a $1.01 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend was Friday, August 13th. Church & Dwight’s payout ratio is 35.69%.

Church & Dwight Profile

Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and 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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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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