Vontobel Holding Ltd. lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 38.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,088 shares of the company’s stock after selling 24,350 shares during the period. Vontobel Holding Ltd.’s holdings in Church & Dwight were worth $3,425,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in CHD. IFM Investors Pty Ltd raised its stake in Church & Dwight by 0.6% in the third quarter. IFM Investors Pty Ltd now owns 49,764 shares of the company’s stock valued at $4,315,000 after buying an additional 312 shares during the last quarter. Scratch Capital LLC acquired a new position in shares of Church & Dwight during the third quarter valued at about $386,000. Security Financial Services INC. raised its position in shares of Church & Dwight by 7.0% in the 3rd quarter. Security Financial Services INC. now owns 3,993 shares of the company’s stock valued at $350,000 after purchasing an additional 260 shares during the last quarter. Exchange Traded Concepts LLC raised its position in shares of Church & Dwight by 14.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 14,433 shares of the company’s stock valued at $1,265,000 after purchasing an additional 1,786 shares during the last quarter. Finally, Brighton Jones LLC boosted its stake in Church & Dwight by 41.0% in the 3rd quarter. Brighton Jones LLC now owns 3,211 shares of the company’s stock worth $281,000 after purchasing an additional 934 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.
Church & Dwight Price Performance
NYSE:CHD opened at $85.46 on Friday. The firm’s fifty day moving average is $84.86 and its two-hundred day moving average is $90.54. The firm has a market cap of $20.52 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 4.28 and a beta of 0.46. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.66 and a current ratio of 1.09. Church & Dwight Co., Inc. has a one year low of $81.33 and a one year high of $116.46.
Church & Dwight Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, November 14th. Church & Dwight’s dividend payout ratio is currently 37.11%.
Analysts Set New Price Targets
A number of research analysts have issued reports on the stock. Jefferies Financial Group set a $102.00 price target on shares of Church & Dwight in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $100.00 target price (down from $102.00) on shares of Church & Dwight in a research report on Wednesday, December 10th. Weiss Ratings restated a “hold (c)” rating on shares of Church & Dwight in a research note on Monday. Bank of America dropped their price target on Church & Dwight from $120.00 to $105.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Finally, Citigroup raised Church & Dwight from a “sell” rating to a “neutral” rating and increased their price objective for the company from $85.00 to $87.00 in a report on Wednesday, December 17th. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $99.47.
View 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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