SG Americas Securities LLC lessened its position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 30.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 183,879 shares of the company’s stock after selling 80,235 shares during the period. SG Americas Securities LLC’s holdings in Church & Dwight were worth $17,160,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently added to or reduced their stakes in CHD. Integrity Alliance LLC. boosted its position in Church & Dwight by 4.6% in the fourth quarter. Integrity Alliance LLC. now owns 2,500 shares of the company’s stock valued at $210,000 after buying an additional 111 shares in the last quarter. Advisory Services Network LLC increased its holdings in shares of Church & Dwight by 0.8% during the second quarter. Advisory Services Network LLC now owns 14,325 shares of the company’s stock worth $1,343,000 after buying an additional 116 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake 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 acquiring an additional 124 shares during the last quarter. Essex Financial Services Inc. boosted its holdings in shares of Church & Dwight by 2.5% in the 4th quarter. Essex Financial Services Inc. now owns 5,218 shares of the company’s stock worth $438,000 after acquiring an additional 125 shares in the last quarter. Finally, RFG Bristol Wealth Advisors LLC boosted its holdings in shares of Church & Dwight by 5.0% in the 4th quarter. RFG Bristol Wealth Advisors LLC now owns 3,023 shares of the company’s stock worth $254,000 after acquiring an additional 143 shares in the last quarter. 86.60% of the stock is owned by institutional investors.
Church & Dwight Stock Down 0.5%
NYSE CHD opened at $98.16 on Friday. The stock has a market capitalization of $23.26 billion, a P/E ratio of 32.29, a price-to-earnings-growth ratio of 3.55 and a beta of 0.47. Church & Dwight Co., Inc. has a 52 week low of $81.33 and a 52 week high of $106.04. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.81 and a current ratio of 1.22. The stock has a fifty day moving average of $95.73 and a 200-day moving average of $94.27.
Church & Dwight Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, May 15th. Church & Dwight’s dividend payout ratio (DPR) is 40.46%.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. Evercore set a $105.00 price target on Church & Dwight in a research report on Monday, May 4th. JPMorgan Chase & Co. boosted their price objective on Church & Dwight from $98.00 to $99.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Weiss Ratings restated a “hold (c+)” rating on shares of Church & Dwight in a report on Wednesday, June 17th. The Goldman Sachs Group restated a “buy” rating and issued a $111.00 target price on shares of Church & Dwight in a research note on Friday, May 29th. Finally, Barclays decreased their price objective on shares of Church & Dwight from $85.00 to $80.00 and set an “underweight” rating on the stock in a report on Tuesday, April 14th. Nine 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 company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $102.59.
View Our Latest Research Report on CHD
Insider Buying and Selling
In related news, EVP Brian D. Buchert sold 10,160 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $98.14, for a total value of $997,102.40. Following the transaction, the executive vice president directly owned 1,286 shares in the company, valued at $126,208.04. This represents a 88.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert K. Shearer sold 8,600 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the transaction, the director directly owned 30,678 shares in the company, valued at approximately $3,005,523.66. The trade was a 21.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 47,680 shares of company stock worth $4,672,190. 2.00% of the stock is currently owned by company insiders.
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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