Saturna Capital Corp increased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 0.6% during the 2nd 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 acquiring an additional 7,554 shares during the quarter. Church & Dwight makes up about 1.6% of Saturna Capital Corp’s portfolio, making the stock its 24th biggest holding. Saturna Capital Corp owned approximately 0.49% of Church & Dwight worth $115,297,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the company. Private Advisor Group LLC boosted its holdings in Church & Dwight by 0.8% in the 1st quarter. Private Advisor Group LLC now owns 23,484 shares of the company’s stock valued at $2,585,000 after purchasing an additional 197 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its position in shares of Church & Dwight by 3.5% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 18,928 shares of the company’s stock valued at $2,084,000 after buying an additional 637 shares during the period. Allianz Asset Management GmbH lifted its holdings in Church & Dwight by 451.2% in the first quarter. Allianz Asset Management GmbH now owns 81,065 shares of the company’s stock valued at $8,924,000 after acquiring an additional 66,357 shares during the last quarter. PFG Advisors grew its position in Church & Dwight by 45.6% in the first quarter. PFG Advisors now owns 44,180 shares of the company’s stock worth $4,864,000 after acquiring an additional 13,843 shares during the period. Finally, Choreo LLC grew its position in Church & Dwight by 3.1% in the first quarter. Choreo LLC now owns 4,052 shares of the company’s stock worth $446,000 after acquiring an additional 122 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.
Church & Dwight Stock Down 0.1%
Shares of CHD opened at $82.96 on Wednesday. The stock has a market capitalization of $19.92 billion, a PE ratio of 39.13, a P/E/G ratio of 3.52 and a beta of 0.42. 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’s 50-day simple moving average is $87.37 and its 200-day simple moving average is $92.70.
Church & Dwight Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be issued a $0.295 dividend. The ex-dividend date is Friday, November 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.4%. Church & Dwight’s dividend payout ratio (DPR) is 37.11%.
Wall Street Analysts Forecast Growth
CHD has been the topic of several recent analyst reports. JPMorgan Chase & Co. decreased their price target on Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a research note on Monday, August 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Church & Dwight in a report on Thursday, October 30th. UBS Group lowered their target price on shares of Church & Dwight from $103.00 to $98.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Evercore ISI dropped their price target 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. Finally, Oppenheimer set a $100.00 price objective on shares of Church & Dwight and gave the stock an “outperform” rating in a report on Tuesday, October 21st. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $99.00.
Read Our Latest Stock Analysis on CHD
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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