Crown Oak Advisors LLC grew its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 0.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,839 shares of the company’s stock after purchasing an additional 204 shares during the quarter. Church & Dwight comprises approximately 5.3% of Crown Oak Advisors LLC’s portfolio, making the stock its 6th biggest holding. Crown Oak Advisors LLC’s holdings in Church & Dwight were worth $11,133,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of CHD. ORG Partners LLC raised its holdings in Church & Dwight by 13.5% during the 2nd quarter. ORG Partners LLC now owns 1,058 shares of the company’s stock valued at $104,000 after acquiring an additional 126 shares during the period. Cove Private Wealth LLC grew its position in shares of Church & Dwight by 2.6% in the second quarter. Cove Private Wealth LLC now owns 8,400 shares of the company’s stock valued at $807,000 after purchasing an additional 210 shares in the last quarter. Patton Fund Management Inc. bought a new stake in shares of Church & Dwight during the 2nd quarter valued at $213,000. Kathmere Capital Management LLC raised its stake in shares of Church & Dwight by 3.9% during the 2nd quarter. Kathmere Capital Management LLC now owns 4,764 shares of the company’s stock valued at $458,000 after purchasing an additional 178 shares during the period. Finally, Beaumont Financial Advisors LLC lifted its holdings in Church & Dwight by 5.6% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,865 shares of the company’s stock worth $371,000 after purchasing an additional 205 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.
Church & Dwight Trading Up 1.0%
NYSE CHD opened at $86.70 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. The stock’s 50-day simple moving average is $93.00 and its two-hundred day simple moving average is $97.48. Church & Dwight Co., Inc. has a twelve month low of $85.61 and a twelve month high of $116.46. The company has a market capitalization of $21.12 billion, a price-to-earnings ratio of 40.90, a PEG ratio of 3.58 and a beta of 0.44.
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 $0.295 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.4%. Church & Dwight’s dividend payout ratio is currently 55.66%.
Wall Street Analysts Forecast Growth
CHD has been the topic of several analyst reports. Rothschild & Co Redburn cut Church & Dwight from a “neutral” rating to a “sell” rating and set a $83.00 price target on the stock. in a research report on Monday, July 14th. Barclays reduced their price target on shares of Church & Dwight from $84.00 to $83.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. Redburn Partners set a $83.00 price objective on Church & Dwight in a research note on Monday, July 14th. Wall Street Zen upgraded Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st. Finally, Wells Fargo & Company lowered their price target on Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $103.44.
View Our Latest Analysis on Church & Dwight
Insider Buying and Selling at Church & Dwight
In other Church & Dwight news, EVP Michael Read purchased 2,000 shares of the stock in a transaction dated Tuesday, August 5th. The shares were purchased at an average cost of $91.27 per share, with a total value of $182,540.00. Following the completion of the acquisition, the executive vice president directly owned 7,505 shares in the company, valued at $684,981.35. This trade represents a 36.33% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Richard A. Dierker acquired 5,470 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were bought at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the transaction, the chief executive officer owned 27,212 shares of the company’s stock, valued at $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 12,879 shares of company stock valued at $1,177,702. 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.
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