Ameritas Advisory Services LLC acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 791 shares of the company’s stock, valued at approximately $76,000.
Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Church & Dwight by 2.4% during the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock valued at $3,461,410,000 after acquiring an additional 750,575 shares in the last quarter. Northern Trust Corp increased its holdings in Church & Dwight by 2.6% in the 1st quarter. Northern Trust Corp now owns 3,097,722 shares of the company’s stock worth $341,028,000 after buying an additional 79,170 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Church & Dwight by 6.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,558,231 shares of the company’s stock worth $281,636,000 after buying an additional 153,270 shares during the period. American Century Companies Inc. increased its holdings in Church & Dwight by 48.3% in the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company’s stock worth $232,845,000 after buying an additional 688,863 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Church & Dwight by 1.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,474,870 shares of the company’s stock worth $162,368,000 after buying an additional 26,286 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.
Church & Dwight Trading Down 0.0%
Shares of NYSE:CHD opened at $87.61 on Friday. Church & Dwight Co., Inc. has a 1 year low of $85.08 and a 1 year high of $116.46. The firm has a market capitalization of $21.34 billion, a price-to-earnings ratio of 41.33, a price-to-earnings-growth ratio of 3.65 and a beta of 0.43. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. The business’s 50 day moving average price is $91.38 and its 200-day moving average price is $96.12.
Church & Dwight Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a dividend of $0.295 per share. The ex-dividend date was Friday, August 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.3%. Church & Dwight’s dividend payout ratio (DPR) is 55.66%.
Analysts Set New Price Targets
CHD has been the topic of several research reports. Redburn Partners set a $83.00 price target on shares of Church & Dwight in a report on Monday, July 14th. Bank of America cut their price target on shares of Church & Dwight from $120.00 to $105.00 and set a “buy” rating on the stock in a report on Wednesday. Wells Fargo & Company cut their price target on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Evercore ISI cut their price target on shares of Church & Dwight from $102.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 4th. Finally, Rothschild & Co Redburn downgraded shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $83.00 price target on the stock. in a report on Monday, July 14th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and an average target price of $100.88.
View Our Latest Research Report on CHD
Insider Activity
In other Church & Dwight news, CEO Richard A. Dierker bought 5,470 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the transaction, the chief executive officer directly owned 27,212 shares of the company’s stock, valued at approximately $2,491,802.84. This represents a 25.16% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Lee B. Mcchesney bought 5,409 shares of the firm’s stock in a transaction dated Friday, August 8th. The shares were acquired at an average price of $91.38 per share, for a total transaction of $494,274.42. Following the transaction, the executive vice president directly owned 5,409 shares in the company, valued at approximately $494,274.42. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 12,879 shares of company stock worth $1,177,702 in the last quarter. Corporate insiders own 2.00% of the company’s stock.
Church & Dwight Profile
Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.
Featured Articles
- Five stocks we like better than Church & Dwight
- What is a Stock Market Index and How Do You Use Them?
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- Following Congress Stock Trades
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Catch the Next Bitcoin Rally With These 3 ETFs
Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.