Bryn Mawr Trust Advisors LLC bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $1,938,000.
Other large investors also recently modified their holdings of the company. Integrity Alliance LLC. increased its position in Church & Dwight by 4.6% during the 4th quarter. Integrity Alliance LLC. now owns 2,500 shares of the company’s stock worth $210,000 after purchasing an additional 111 shares in the last quarter. Advisory Services Network LLC grew its stake 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 during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Church & Dwight by 3.6% during the third quarter. Integrated Wealth Concepts LLC now owns 3,524 shares of the company’s stock worth $309,000 after buying an additional 124 shares in the last quarter. Essex Financial Services Inc. lifted its stake 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 valued at $438,000 after acquiring an additional 125 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its stake in shares of Church & Dwight by 5.3% in the 1st quarter. Arkadios Wealth Advisors now owns 2,692 shares of the company’s stock valued at $251,000 after acquiring an additional 136 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.
Church & Dwight Stock Performance
Shares of Church & Dwight stock opened at $101.25 on Friday. The stock has a market cap of $24.02 billion, a price-to-earnings ratio of 32.56, a P/E/G ratio of 3.70 and a beta of 0.47. Church & Dwight Co., Inc. has a twelve month low of $81.33 and a twelve month high of $106.04. The company’s fifty day moving average is $98.40 and its 200 day moving average is $97.42. The company has a quick ratio of 0.69, a current ratio of 1.15 and a debt-to-equity ratio of 0.51.
Church & Dwight Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be paid a $0.3075 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.23 annualized dividend and a dividend yield of 1.2%. Church & Dwight’s dividend payout ratio is presently 39.55%.
Insider Activity at Church & Dwight
In other news, Director Robert K. Shearer sold 8,600 shares of the 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 directly owned 30,678 shares in the company, valued at $3,005,523.66. This represents a 21.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Arthur B. Winkleblack sold 13,200 shares of Church & Dwight stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $102.83, for a total transaction of $1,357,356.00. Following the transaction, the director directly owned 7,129 shares of the company’s stock, valued at $733,075.07. This represents a 64.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 59,220 shares of company stock valued at $5,905,747 over the last ninety days. Insiders own 2.00% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on CHD. Morgan Stanley set a $112.00 price objective on Church & Dwight in a research report on Monday, August 3rd. JPMorgan Chase & Co. increased their target price on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $109.00 price target on shares of Church & Dwight in a research note on Monday, May 4th. The Goldman Sachs Group restated a “buy” rating and set a $111.00 price target on shares of Church & Dwight in a report on Friday, May 29th. Finally, Evercore set a $105.00 price objective on Church & Dwight in a research note on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $104.41.
Read Our Latest Stock Report on CHD
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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