Saturna Capital Corp raised its position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 0.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,199,640 shares of the company’s stock after purchasing an additional 7,554 shares during the period. Church & Dwight accounts for 1.6% of Saturna Capital Corp’s investment portfolio, making the stock its 24th largest holding. Saturna Capital Corp’s holdings in Church & Dwight were worth $115,297,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of CHD. TD Waterhouse Canada Inc. grew its stake in shares of Church & Dwight by 65.9% during the second quarter. TD Waterhouse Canada Inc. now owns 58,152 shares of the company’s stock worth $5,677,000 after purchasing an additional 23,102 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Church & Dwight by 1.2% during the 2nd quarter. Vanguard Group Inc. now owns 31,830,529 shares of the company’s stock worth $3,059,232,000 after buying an additional 388,890 shares during the last quarter. Frank Rimerman Advisors LLC boosted its position in shares of Church & Dwight by 58.8% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 5,420 shares of the company’s stock worth $521,000 after acquiring an additional 2,007 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its position in shares of Church & Dwight by 1.3% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 14,203 shares of the company’s stock worth $1,365,000 after acquiring an additional 184 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of Church & Dwight by 1.1% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 453,713 shares of the company’s stock valued at $43,606,000 after acquiring an additional 5,038 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.
Church & Dwight Trading Down 0.1%
Shares of Church & Dwight stock opened at $82.96 on Wednesday. The company’s fifty day moving average is $87.37 and its two-hundred day moving average is $92.70. Church & Dwight Co., Inc. has a 1 year low of $81.33 and a 1 year high of $116.46. 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 company has a market capitalization of $19.92 billion, a P/E ratio of 39.13, a PEG ratio of 3.52 and a beta of 0.42.
Church & Dwight Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, November 14th. Church & Dwight’s dividend payout ratio (DPR) is 37.11%.
Wall Street Analyst Weigh In
Several research firms recently weighed in on CHD. Barclays set a $82.00 target price on Church & Dwight and gave the stock an “underweight” rating in a research note on Tuesday, November 4th. Evercore ISI reduced their price objective on shares of 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. Citigroup dropped their target price 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. UBS Group reduced their price target on shares of Church & Dwight from $103.00 to $98.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. cut their target price on Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $99.00.
Get Our Latest Research Report on Church & Dwight
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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