Dimensional Fund Advisors LP Acquires 159,233 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Dimensional Fund Advisors LP boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 15.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,168,866 shares of the company’s stock after purchasing an additional 159,233 shares during the quarter. Dimensional Fund Advisors LP owned about 0.48% of Church & Dwight worth $121,191,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Game Plan Financial Advisors LLC acquired a new position in Church & Dwight in the 1st quarter valued at approximately $26,000. Crewe Advisors LLC acquired a new position in Church & Dwight in the 1st quarter valued at approximately $28,000. Roble Belko & Company Inc acquired a new position in Church & Dwight in the 1st quarter valued at approximately $31,000. Rothschild Investment LLC acquired a new position in Church & Dwight in the 2nd quarter valued at approximately $31,000. Finally, Creekmur Asset Management LLC acquired a new position in Church & Dwight in the 4th quarter valued at approximately $32,000. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $99.37, for a total value of $5,895,423.36. Following the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at approximately $429,179.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. TD Cowen started coverage on Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price target for the company. Wells Fargo & Company dropped their target price on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating for the company in a report on Monday, August 5th. BNP Paribas started coverage on Church & Dwight in a report on Monday, June 24th. They issued a “neutral” rating and a $114.00 target price for the company. Evercore ISI dropped their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 5th. Finally, JPMorgan Chase & Co. dropped their target price on Church & Dwight from $101.00 to $97.00 and set an “underweight” rating for the company in a report on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $106.58.

Church & Dwight Stock Up 1.8 %

NYSE:CHD opened at $103.40 on Monday. The firm has a market capitalization of $25.28 billion, a P/E ratio of 32.83, a P/E/G ratio of 3.55 and a beta of 0.54. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51. The stock’s fifty day simple moving average is $102.00 and its 200-day simple moving average is $104.24.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, August 2nd. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.84 by $0.09. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The firm’s revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 EPS. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.10%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio is 35.87%.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.