Candriam S.C.A. trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 67.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,180 shares of the company’s stock after selling 27,780 shares during the quarter. Candriam S.C.A.’s holdings in Church & Dwight were worth $1,267,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the business. Opal Wealth Advisors LLC purchased a new position in shares of Church & Dwight in the 2nd quarter valued at $45,000. Motco purchased a new position in Church & Dwight in the first quarter valued at about $46,000. Zions Bancorporation National Association UT purchased a new position in Church & Dwight in the first quarter valued at about $53,000. State of Wyoming bought a new position in Church & Dwight in the first quarter worth about $69,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Church & Dwight during the second quarter valued at about $76,000. Institutional investors own 86.60% of the company’s stock.
Church & Dwight Stock Performance
Shares of CHD opened at $83.07 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84. The stock has a 50-day moving average of $87.61 and a two-hundred day moving average of $92.76. The stock has a market cap of $19.95 billion, a P/E ratio of 39.18, a P/E/G ratio of 3.52 and a beta of 0.42. Church & Dwight Co., Inc. has a one year low of $81.33 and a one year high of $116.46.
Church & Dwight Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, November 14th. Church & Dwight’s dividend payout ratio is 37.11%.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the stock. Citigroup cut their price objective on shares of Church & Dwight from $88.00 to $85.00 and set a “sell” rating on the stock in a research report on Thursday, October 9th. Wells Fargo & Company lowered their target price on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Bank of America reduced their price target on Church & Dwight from $120.00 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Evercore ISI lowered their price objective on Church & Dwight from $102.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 4th. Finally, UBS Group dropped their target price on Church & Dwight from $103.00 to $98.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $99.00.
Read Our Latest Report on Church & Dwight
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.
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