Parkside Financial Bank & Trust increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 46.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,495 shares of the company’s stock after purchasing an additional 787 shares during the period. Parkside Financial Bank & Trust’s holdings in Church & Dwight were worth $240,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of CHD. Prospera Financial Services Inc boosted its holdings in shares of Church & Dwight by 8.2% in the second quarter. Prospera Financial Services Inc now owns 5,529 shares of the company’s stock worth $531,000 after acquiring an additional 421 shares during the period. AGF Management Ltd. lifted its holdings in Church & Dwight by 26.0% during the 2nd quarter. AGF Management Ltd. now owns 31,292 shares of the company’s stock worth $3,007,000 after purchasing an additional 6,461 shares in the last quarter. Metis Global Partners LLC lifted its holdings in Church & Dwight by 5.2% during the 2nd quarter. Metis Global Partners LLC now owns 23,505 shares of the company’s stock worth $2,259,000 after purchasing an additional 1,170 shares in the last quarter. Bryn Mawr Trust Advisors LLC grew its holdings in Church & Dwight by 2.7% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 31,590 shares of the company’s stock valued at $3,036,000 after buying an additional 816 shares in the last quarter. Finally, Savant Capital LLC increased its position in shares of Church & Dwight by 16.8% during the second quarter. Savant Capital LLC now owns 7,093 shares of the company’s stock valued at $682,000 after buying an additional 1,018 shares during the period. Institutional investors own 86.60% of the company’s stock.
Church & Dwight Stock Up 0.9%
CHD opened at $87.00 on Monday. The business’s fifty day simple moving average is $88.76 and its 200 day simple moving average is $93.34. Church & Dwight Co., Inc. has a 52 week low of $81.33 and a 52 week high of $116.46. 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 has a market cap of $20.89 billion, a PE ratio of 41.04, a P/E/G ratio of 3.52 and a beta of 0.42.
Church & Dwight Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, November 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 37.11%.
Insider Activity at Church & Dwight
In other Church & Dwight news, CEO Richard A. Dierker purchased 5,470 shares of the firm’s stock in a transaction on Tuesday, August 12th. The shares were purchased at an average cost of $91.57 per share, with a total value of $500,887.90. Following the completion of the purchase, the chief executive officer owned 27,212 shares of the company’s stock, valued at $2,491,802.84. The trade was a 25.16% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.00% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on CHD. Oppenheimer set a $100.00 price objective on shares of Church & Dwight and gave the company an “outperform” rating in a research report on Tuesday, October 21st. Redburn Partners set a $83.00 price target on shares of Church & Dwight in a report on Monday, July 14th. JPMorgan Chase & Co. reduced their price target on shares of Church & Dwight from $97.00 to $92.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. Evercore ISI lowered their price objective on Church & Dwight from $102.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 4th. Finally, Redburn Atlantic lowered Church & Dwight from a “hold” rating to a “strong sell” rating in a research note on Monday, July 14th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $99.00.
Get Our Latest Stock Report on Church & Dwight
About Church & Dwight
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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