Natixis Advisors LLC Acquires 5,638 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Natixis Advisors LLC grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 3.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 160,756 shares of the company’s stock after purchasing an additional 5,638 shares during the period. Natixis Advisors LLC owned approximately 0.07% of Church & Dwight worth $16,667,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of CHD. Nomura Holdings Inc. lifted its position in shares of Church & Dwight by 442.1% during the fourth quarter. Nomura Holdings Inc. now owns 14,148 shares of the company’s stock worth $1,338,000 after acquiring an additional 11,538 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in Church & Dwight by 13.1% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company’s stock worth $35,755,000 after purchasing an additional 39,695 shares during the period. Russell Investments Group Ltd. boosted its stake in Church & Dwight by 12.8% in the 1st quarter. Russell Investments Group Ltd. now owns 208,997 shares of the company’s stock worth $21,798,000 after purchasing an additional 23,754 shares during the period. Cim LLC purchased a new position in Church & Dwight during the 4th quarter valued at about $3,188,000. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Church & Dwight by 187.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 22,367 shares of the company’s stock valued at $2,115,000 after buying an additional 14,579 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

NYSE:CHD opened at $106.22 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $110.31. The business has a 50 day moving average price of $102.18 and a 200-day moving average price of $103.87. The firm has a market cap of $25.97 billion, a PE ratio of 33.72, a price-to-earnings-growth ratio of 3.44 and a beta of 0.52.

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

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s payout ratio is 35.87%.

Analysts Set New Price Targets

CHD has been the subject of several recent analyst reports. Evercore ISI reduced their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research note on Monday, August 5th. Wells Fargo & Company decreased their price target on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. JPMorgan Chase & Co. dropped their price objective on Church & Dwight from $101.00 to $97.00 and set an “underweight” rating for the company in a research note on Monday, August 5th. Argus upped their target price on Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, June 11th. Finally, Barclays lifted their price target on Church & Dwight from $80.00 to $82.00 and gave the company an “underweight” rating in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $106.58.

Insider Transactions at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 54,654 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the completion of the transaction, the executive vice president now owns 10,325 shares in the company, valued at $1,104,775. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, CFO Richard A. Dierker sold 86,740 shares of the stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $106.56, for a total value of $9,243,014.40. Following the completion of the transaction, the chief financial officer now owns 7,634 shares of the company’s stock, valued at approximately $813,479.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,654 shares of Church & Dwight stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the sale, the executive vice president now owns 10,325 shares in the company, valued at $1,104,775. The disclosure for this sale can be found here. In the last three months, insiders have sold 200,722 shares of company stock worth $20,986,416. 2.00% of the stock is currently 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.