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Louisiana pension fund cuts stake in Church & Dwight, joining other investors adjusting holdings in the company.
Louisiana State Employees Retirement System decreased its stake in Church & Dwight Co. by 4.3%, selling 600 shares in the fourth quarter.
Other institutional investors also adjusted their holdings, including Chevy Chase Trust Holdings LLC, which sold 2,712 shares.
Church & Dwight reported earnings of $0.77 per share, meeting analyst expectations, and has a dividend yield of 1.12%.
Executives have also bought and sold shares recently, with EVP Michael Read purchasing 1,100 shares and Director Ravichandra Krishnamu Saligram selling 10,000 shares.
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El fondo de pensiones de Louisiana reduce la participación en Church & Dwight, uniéndose a otros inversores ajustando participaciones en la compañía.