Investor s Fiduciary Advisor Network LLC purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,451 shares of the company’s stock, valued at approximately $1,012,000.
Several other institutional investors have also recently bought and sold shares of CHD. OMERS ADMINISTRATION Corp bought a new position in Church & Dwight in the 2nd quarter valued at $2,197,000. Sanctuary Advisors LLC bought a new stake in shares of Church & Dwight during the second quarter worth $1,141,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Church & Dwight in the second quarter valued at $1,584,000. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of Church & Dwight in the second quarter valued at $3,979,000. Finally, Haverford Trust Co bought a new position in shares of Church & Dwight in the second quarter valued at about $321,000. Institutional investors own 86.60% of the company’s stock.
Church & Dwight Price Performance
Church & Dwight stock opened at $98.79 on Monday. The business’s 50-day simple moving average is $98.56 and its 200 day simple moving average is $97.62. 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 cap of $23.43 billion, a price-to-earnings ratio of 31.77, a P/E/G ratio of 3.60 and a beta of 0.47. Church & Dwight Co., Inc. has a 12-month low of $81.33 and a 12-month high of $106.04.
Church & Dwight Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be paid a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th. Church & Dwight’s payout ratio is 39.55%.
Insider Buying and Selling at Church & Dwight
In other Church & Dwight news, Director Robert K. Shearer sold 8,600 shares of Church & Dwight stock in a transaction 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 sale, the director owned 30,678 shares of the company’s stock, valued at approximately $3,005,523.66. The trade was a 21.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 shares were sold at an average price of $102.83, for a total transaction 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 59,220 shares of company stock valued at $5,905,747 over the last 90 days. Company insiders own 1.20% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Royal Bank Of Canada boosted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $109.00 target price on shares of Church & Dwight in a research report on Monday, May 4th. UBS Group reissued a “neutral” rating and set a $107.00 price target (up from $104.00) on shares of Church & Dwight in a research note on Monday, August 3rd. Finally, Citigroup reissued a “neutral” rating and issued a $105.00 price target (up from $100.00) on shares of Church & Dwight in a report on Monday, August 3rd. Nine 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 MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $104.41.
Check Out Our Latest Stock Analysis on Church & Dwight
Church & Dwight Company 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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