American Century Companies Inc. Has $83.669 Million Stake in Church & Dwight Co., Inc. (CHD)

American Century Companies Inc. reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 36.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,677,735 shares of the company’s stock after selling 954,411 shares during the period. American Century Companies Inc. owned about 0.66% of Church & Dwight Co. worth $83,669,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Bank of Australia boosted its position in Church & Dwight Co. by 100.0% in the third quarter. Commonwealth Bank of Australia now owns 2,164 shares of the company’s stock valued at $104,000 after buying an additional 1,082 shares in the last quarter. Northwest Quadrant Wealth Management LLC acquired a new position in Church & Dwight Co. during the fourth quarter valued at $115,000. Citizens Financial Group Inc RI boosted its position in Church & Dwight Co. by 100.0% in the third quarter. Citizens Financial Group Inc RI now owns 2,700 shares of the company’s stock valued at $129,000 after buying an additional 1,350 shares in the last quarter. Mizuho Asset Management Co. Ltd. boosted its position in Church & Dwight Co. by 81.7% in the third quarter. Mizuho Asset Management Co. Ltd. now owns 2,772 shares of the company’s stock valued at $133,000 after buying an additional 1,246 shares in the last quarter. Finally, Johnson Financial Group Inc. boosted its position in Church & Dwight Co. by 10.2% in the fourth quarter. Johnson Financial Group Inc. now owns 3,228 shares of the company’s stock valued at $143,000 after buying an additional 300 shares in the last quarter. 78.56% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Church & Dwight Co. (NYSE:CHD)

Church & Dwight Co. (NYSE:CHD) last released its earnings results on Thursday, May 4th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The firm had revenue of $877.20 million for the quarter, compared to analysts’ expectations of $869.06 million. Church & Dwight Co. had a return on equity of 23.11% and a net margin of 13.14%. The company’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.43 earnings per share.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Stockholders of record on Tuesday, May 16th will be paid a dividend of $0.19 per share. The ex-dividend date is Friday, May 12th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.53%. Church & Dwight Co.’s dividend payout ratio is 40.69%.

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A number of research analysts have recently commented on the company. Zacks Investment Research raised Church & Dwight Co. from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Friday. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $45.00 price target on shares of Church & Dwight Co. in a research report on Monday. Jefferies Group LLC set a $53.00 price target on Church & Dwight Co. and gave the company a “buy” rating in a research report on Sunday, January 22nd. Barclays PLC set a $47.00 price target on Church & Dwight Co. and gave the company a “sell” rating in a research report on Saturday, February 18th. Finally, Morgan Stanley cut Church & Dwight Co. from an “equal weight” rating to an “underweight” rating in a research report on Tuesday. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. Church & Dwight Co. presently has an average rating of “Hold” and a consensus target price of $49.74.

In related news, VP Paul A. Siracusa sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $50.02, for a total value of $1,250,500.00. Following the completion of the sale, the vice president now owns 26,279 shares in the company, valued at $1,314,475.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Steven P. Cugine sold 17,400 shares of the business’s stock in a transaction that occurred on Tuesday, February 28th. The shares were sold at an average price of $49.83, for a total value of $867,042.00. Following the completion of the sale, the executive vice president now owns 46,348 shares of the company’s stock, valued at approximately $2,309,520.84. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 62,400 shares of company stock worth $3,110,542. Insiders own 2.17% of the company’s stock.

About Church & Dwight Co.

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.

5 Day Chart for NYSE:CHD

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