Northcape Wealth Management LLC bought a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 9,399 shares of the company’s stock, valued at approximately $911,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Integrity Alliance LLC. raised its holdings in Church & Dwight by 4.6% in the 4th quarter. Integrity Alliance LLC. now owns 2,500 shares of the company’s stock valued at $210,000 after acquiring an additional 111 shares during the period. Advisory Services Network LLC grew its position in shares of Church & Dwight by 0.8% in the second quarter. Advisory Services Network LLC now owns 14,325 shares of the company’s stock valued at $1,343,000 after purchasing an additional 116 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Church & Dwight by 3.6% in the third quarter. Integrated Wealth Concepts LLC now owns 3,524 shares of the company’s stock valued at $309,000 after purchasing an additional 124 shares during the last quarter. Essex Financial Services Inc. increased its stake in shares of Church & Dwight by 2.5% during the fourth quarter. Essex Financial Services Inc. now owns 5,218 shares of the company’s stock worth $438,000 after purchasing an additional 125 shares during the period. Finally, Arkadios Wealth Advisors increased its stake in shares of Church & Dwight by 5.3% during the first quarter. Arkadios Wealth Advisors now owns 2,692 shares of the company’s stock worth $251,000 after purchasing an additional 136 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.
Church & Dwight Trading Up 0.1%
CHD opened at $99.19 on Thursday. Church & Dwight Co., Inc. has a twelve month low of $81.33 and a twelve month high of $106.04. The company has a 50-day simple moving average of $98.52 and a 200 day simple moving average of $97.61. The company has a quick ratio of 0.69, a current ratio of 1.15 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $23.53 billion, a price-to-earnings ratio of 31.89, a P/E/G ratio of 3.62 and a beta of 0.47.
Church & Dwight Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a dividend of $0.3075 per share. The ex-dividend date is Friday, August 14th. This represents a $1.23 annualized dividend and a dividend yield of 1.2%. Church & Dwight’s dividend payout ratio (DPR) is currently 39.55%.
Insider Buying and Selling at Church & Dwight
In other Church & Dwight news, Director Robert K. Shearer sold 8,600 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the sale, the director directly owned 30,678 shares in the company, valued at $3,005,523.66. This represents a 21.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Arthur B. Winkleblack sold 13,200 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $102.83, for a total value of $1,357,356.00. Following the sale, the director owned 7,129 shares of the company’s stock, valued at $733,075.07. The trade was a 64.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 59,220 shares of company stock worth $5,905,747 in the last three months. Company insiders own 2.00% of the company’s stock.
Wall Street Analyst Weigh In
CHD has been the subject of several recent research reports. Weiss Ratings upgraded Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. TD Cowen set a $97.00 price objective on Church & Dwight and gave the stock a “hold” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $109.00 target price on shares of Church & Dwight in a report on Monday, May 4th. UBS Group reissued a “neutral” rating and issued a $107.00 target price (up from $104.00) on shares of Church & Dwight in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and a consensus target price of $104.41.
View Our Latest Report on Church & Dwight
Church & Dwight Profile
Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.
The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.
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