QRG Capital Management Inc. reduced its position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 33.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 20,603 shares of the company’s stock after selling 10,254 shares during the period. QRG Capital Management Inc.’s holdings in Church & Dwight were worth $1,805,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Advisory Services Network LLC boosted its position in shares of Church & Dwight by 0.8% in the 2nd quarter. Advisory Services Network LLC now owns 14,325 shares of the company’s stock worth $1,343,000 after purchasing an additional 116 shares in the last quarter. ORG Partners LLC raised its stake in Church & Dwight by 13.5% in the second quarter. ORG Partners LLC now owns 1,058 shares of the company’s stock valued at $104,000 after buying an additional 126 shares during the last quarter. Atria Investments Inc raised its stake in Church & Dwight by 0.4% in the second quarter. Atria Investments Inc now owns 33,030 shares of the company’s stock valued at $3,175,000 after buying an additional 133 shares during the last quarter. CW Advisors LLC boosted its holdings in Church & Dwight by 1.2% in the second quarter. CW Advisors LLC now owns 11,582 shares of the company’s stock worth $1,113,000 after acquiring an additional 141 shares in the last quarter. Finally, Sovereign Financial Group Inc. grew its stake in shares of Church & Dwight by 0.8% during the third quarter. Sovereign Financial Group Inc. now owns 17,890 shares of the company’s stock worth $1,568,000 after acquiring an additional 150 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.
Church & Dwight Trading Up 0.2%
CHD stock opened at $90.62 on Tuesday. 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 0.66, a current ratio of 1.09 and a debt-to-equity ratio of 0.52. The firm has a market cap of $21.76 billion, a P/E ratio of 28.50, a PEG ratio of 4.17 and a beta of 0.46. The company’s 50-day simple moving average is $84.92 and its 200-day simple moving average is $89.16.
Church & Dwight Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were given a dividend of $0.295 per share. The ex-dividend date was Friday, November 14th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.3%. Church & Dwight’s dividend payout ratio (DPR) is 37.11%.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the stock. UBS Group set a $92.00 price objective on shares of Church & Dwight and gave the company a “neutral” rating in a report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $100.00 price target (down previously from $102.00) on shares of Church & Dwight in a research note on Wednesday, December 10th. Argus decreased their price target on shares of Church & Dwight from $110.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, December 4th. Wells Fargo & Company set a $92.00 price objective on shares of Church & Dwight and gave the stock an “overweight” rating in a research note on Monday, January 5th. Finally, Raymond James Financial raised Church & Dwight from a “market perform” rating to an “outperform” rating and set a $100.00 target price on the stock in a research report on Monday, January 5th. Ten investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $98.65.
View Our Latest Stock Analysis on CHD
Church & Dwight 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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