Vise Technologies Inc. acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 4,894 shares of the company’s stock, valued at approximately $470,000.
A number of other institutional investors have also added to or reduced their stakes in the business. Compass Capital Management Inc. boosted its position in shares of Church & Dwight by 3.0% during the 2nd quarter. Compass Capital Management Inc. now owns 575,164 shares of the company’s stock valued at $55,279,000 after acquiring an additional 16,984 shares during the last quarter. King Luther Capital Management Corp raised its stake in Church & Dwight by 12.4% in the second quarter. King Luther Capital Management Corp now owns 2,586 shares of the company’s stock valued at $249,000 after purchasing an additional 286 shares in the last quarter. PFG Advisors raised its stake in Church & Dwight by 22.8% in the second quarter. PFG Advisors now owns 54,233 shares of the company’s stock valued at $5,212,000 after purchasing an additional 10,053 shares in the last quarter. Midwest Trust Co bought a new stake in Church & Dwight during the second quarter valued at approximately $11,651,000. Finally, Acadian Asset Management LLC grew its stake in Church & Dwight by 121.9% in the 2nd quarter. Acadian Asset Management LLC now owns 547,601 shares of the company’s stock worth $52,618,000 after buying an additional 300,785 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.
Church & Dwight Stock Down 1.0%
Shares of NYSE CHD opened at $84.10 on Friday. The firm’s fifty day moving average is $87.85 and its 200 day moving average is $92.88. 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 company has a market cap of $20.20 billion, a price-to-earnings ratio of 39.67, a PEG 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. Investors of record on Friday, November 14th will be issued 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 payout ratio is currently 37.11%.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Evercore ISI lowered their price objective on shares of 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. Wells Fargo & Company dropped their price target on Church & Dwight from $108.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Citigroup cut their price objective on Church & Dwight from $88.00 to $85.00 and set a “sell” rating for the company in a report on Thursday, October 9th. Barclays set a $82.00 price objective on Church & Dwight and gave the company an “underweight” rating in a report on Tuesday, November 4th. Finally, JPMorgan Chase & Co. dropped their target price on Church & Dwight from $97.00 to $92.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. Six equities research analysts have rated the stock with a Buy rating, seven have assigned 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 price target of $99.00.
Get Our Latest Stock Analysis on CHD
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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