Bath Savings Trust Co trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 7.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 156,348 shares of the company’s stock after selling 13,021 shares during the period. Church & Dwight makes up approximately 1.4% of Bath Savings Trust Co’s holdings, making the stock its 20th biggest holding. Bath Savings Trust Co owned 0.06% of Church & Dwight worth $13,701,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in CHD. Advisory Services Network LLC boosted its stake in Church & Dwight by 0.8% in the 2nd quarter. Advisory Services Network LLC now owns 14,325 shares of the company’s stock worth $1,343,000 after purchasing an additional 116 shares in the last quarter. ORG Partners LLC boosted its holdings in Church & Dwight by 13.5% during the second quarter. ORG Partners LLC now owns 1,058 shares of the company’s stock worth $104,000 after buying an additional 126 shares in the last quarter. Atria Investments Inc grew its position in shares of Church & Dwight by 0.4% during the 2nd quarter. Atria Investments Inc now owns 33,030 shares of the company’s stock valued at $3,175,000 after acquiring an additional 133 shares during the period. CW Advisors LLC grew its holdings in Church & Dwight by 1.2% in the second quarter. CW Advisors LLC now owns 11,582 shares of the company’s stock valued at $1,113,000 after purchasing an additional 141 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in Church & Dwight by 7.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,410 shares of the company’s stock valued at $232,000 after acquiring an additional 157 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.
Church & Dwight Price Performance
Shares of NYSE CHD opened at $85.06 on Friday. The firm has a market capitalization of $20.42 billion, a PE ratio of 26.75, a price-to-earnings-growth ratio of 4.33 and a beta of 0.46. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.66 and a current ratio of 1.09. Church & Dwight Co., Inc. has a fifty-two week low of $81.33 and a fifty-two week high of $116.46. The stock’s 50-day simple moving average is $85.05 and its 200-day simple moving average is $91.03.
Church & Dwight Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were 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 was Friday, November 14th. Church & Dwight’s dividend payout ratio is presently 37.11%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. Jefferies Financial Group set a $102.00 price objective on Church & Dwight in a report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $100.00 price objective (down from $102.00) on shares of Church & Dwight in a research report on Wednesday, December 10th. UBS Group cut their target price on Church & Dwight from $103.00 to $98.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Church & Dwight in a research report on Monday. Finally, Citigroup upgraded Church & Dwight from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $85.00 to $87.00 in a report on Wednesday. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $99.47.
View Our Latest Research Report on CHD
Church & Dwight Company 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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