Mutual of America Capital Management LLC Trims Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Mutual of America Capital Management LLC trimmed its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 3.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 39,438 shares of the company’s stock after selling 1,466 shares during the period. Mutual of America Capital Management LLC’s holdings in Church & Dwight were worth $4,089,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Game Plan Financial Advisors LLC purchased a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $26,000. Crewe Advisors LLC acquired a new position in shares of Church & Dwight in the first quarter valued at approximately $28,000. Roble Belko & Company Inc acquired a new position in shares of Church & Dwight in the first quarter valued at approximately $31,000. Rothschild Investment LLC acquired a new position in shares of Church & Dwight in the second quarter valued at approximately $31,000. Finally, Creekmur Asset Management LLC acquired a new position in shares of Church & Dwight in the fourth quarter valued at approximately $32,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CHD shares. BNP Paribas started coverage on shares of Church & Dwight in a report on Monday, June 24th. They issued a “neutral” rating and a $114.00 price objective for the company. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $101.00 to $97.00 and set an “underweight” rating for the company in a report on Monday, August 5th. Wells Fargo & Company dropped their price objective on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating for the company in a report on Monday, August 5th. Truist Financial dropped their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. Finally, Stifel Nicolaus lowered their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $106.58.

Church & Dwight Trading Up 1.8 %

Shares of Church & Dwight stock opened at $103.40 on Monday. The company has a fifty day simple moving average of $102.00 and a 200-day simple moving average of $104.24. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. The stock has a market cap of $25.28 billion, a price-to-earnings ratio of 32.83, a PEG ratio of 3.55 and a beta of 0.54.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, August 2nd. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.84 by $0.09. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. Church & Dwight’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

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

Insider Activity at Church & Dwight

In related news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the sale, the executive vice president now owns 4,319 shares in the company, valued at approximately $429,179.03. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.00% of the stock is owned by insiders.

About Church & Dwight

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.