Today: Today, Mutual of America Capital Management LLC decides to keep it stake in Church & Dwight Co. (CHD) to the level of $2,300,000

Today, Mutual of America Capital Management LLC decides to keep it stake in Church & Dwight Co. (CHD) to the level of $2,300,000

Mutual of America Capital Management LLC boosted its position in shares of Church & Dwight Co. (NYSE:CHD) by 58.7% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 47,998 shares of the company’s stock after buying an additional 17,761 shares during the period. Mutual of America Capital Management LLC’s holdings in Church & Dwight Co. were worth $2,300,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp purchased a new stake in Church & Dwight Co. during the second quarter worth $100,000. Checchi Capital Advisers LLC boosted its stake in Church & Dwight Co. by 0.9% in the second quarter. Checchi Capital Advisers LLC now owns 1,108 shares of the company’s stock worth $114,000 after buying an additional 10 shares in the last quarter. Assetmark Inc. boosted its stake in Church & Dwight Co. by 2,750.0% in the second quarter. Assetmark Inc. now owns 1,140 shares of the company’s stock worth $117,000 after buying an additional 1,100 shares in the last quarter. Van ECK Associates Corp boosted its stake in Church & Dwight Co. by 28.0% in the second quarter. Van ECK Associates Corp now owns 1,157 shares of the company’s stock worth $119,000 after buying an additional 253 shares in the last quarter. Finally, Bellwether Investment Group LLC purchased a new stake in Church & Dwight Co. during the second quarter worth $123,000. Institutional investors and hedge funds own 78.54% of the company’s stock.

Church & Dwight Co. (NYSE:CHD) traded down 0.44% during trading on Monday, hitting $44.86. 1,070,676 shares of the stock traded hands. Church & Dwight Co. has a 12 month low of $38.42 and a 12 month high of $53.68. The firm’s 50-day moving average is $46.18 and its 200-day moving average is $48.45. The stock has a market cap of $11.60 billion, a P/E ratio of 25.86 and a beta of 0.46.

Church & Dwight Co. (NYSE:CHD) last released its earnings results on Thursday, November 3rd. The company reported $0.47 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.47. Church & Dwight Co. had a net margin of 13.19% and a return on equity of 22.67%. The firm had revenue of $870.70 million for the quarter, compared to analyst estimates of $883.83 million. During the same period in the prior year, the firm earned $0.90 earnings per share. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, analysts forecast that Church & Dwight Co. will post $1.76 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Wednesday, November 16th will be paid a dividend of $0.1775 per share. The ex-dividend date is Monday, November 14th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 1.58%. Church & Dwight Co.’s payout ratio is 40.92%.

A number of analysts recently commented on the stock. Deutsche Bank AG lifted their target price on shares of Church & Dwight Co. from $51.00 to $52.00 and gave the stock a “buy” rating in a research note on Friday, August 5th. Citigroup Inc. lifted their target price on shares of Church & Dwight Co. from $51.50 to $55.00 and gave the stock a “neutral” rating in a research note on Friday, August 5th. Jefferies Group reiterated a “buy” rating and issued a $58.00 target price (up from $56.00) on shares of Church & Dwight Co. in a research note on Monday, August 1st. Zacks Investment Research upgraded shares of Church & Dwight Co. from a “sell” rating to a “hold” rating in a research note on Friday, August 5th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $50.00 target price (up from $48.00) on shares of Church & Dwight Co. in a research note on Friday, September 16th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $50.23.

In other news, EVP Richard A. Dierker bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 21st. The shares were purchased at an average cost of $44.82 per share, for a total transaction of $44,820.00. Following the completion of the purchase, the executive vice president now owns 5,200 shares of the company’s stock, valued at $233,064. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Paul A. Siracusa sold 122,707 shares of the company’s stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $50.01, for a total transaction of $6,136,577.07. Following the sale, the vice president now owns 62,355 shares in the company, valued at $3,118,373.55. The disclosure for this sale can be found here. Corporate 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 operates in three segments: Consumer Domestic, which includes consumer products, as well as other household and personal care products; Consumer International, which markets a range of personal care products, household and over-the-counter products in international markets, and Specialty Products Division (SPD), a producer of sodium bicarbonate.

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