Mn Services Vermogensbeheer B.V. Has $9.90 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Mn Services Vermogensbeheer B.V. lowered its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.5% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 94,500 shares of the company’s stock after selling 2,400 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Church & Dwight were worth $9,896,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Crewe Advisors LLC acquired a new position in Church & Dwight in the 1st quarter worth about $28,000. Rothschild Investment LLC acquired a new position in Church & Dwight in the 2nd quarter worth about $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight in the 2nd quarter worth about $33,000. Strategic Financial Concepts LLC acquired a new position in Church & Dwight in the 2nd quarter worth about $38,000. Finally, Kimelman & Baird LLC acquired a new position in Church & Dwight in the 2nd quarter worth about $46,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on CHD. Barclays lowered their target price on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday. Evercore ISI lowered their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 5th. JPMorgan Chase & Co. upped their target price on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Monday. Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday. Finally, Truist Financial decreased their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $108.05.

Insiders Place Their Bets

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now owns 7,129 shares in the company, valued at approximately $740,275.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Matthew Farrell sold 165,823 shares of the stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at $11,613,438.57. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the sale, the director now directly owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.40% of the company’s stock.

Church & Dwight Stock Up 1.1 %

Shares of Church & Dwight stock opened at $104.13 on Wednesday. Church & Dwight Co., Inc. has a one year low of $86.23 and a one year high of $110.31. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The stock’s 50-day moving average is $102.98 and its 200 day moving average is $104.03. The firm has a market cap of $25.51 billion, a price-to-earnings ratio of 46.70, a PEG ratio of 3.78 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the prior year, the company earned $0.74 EPS. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a $0.2838 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.09%. Church & Dwight’s payout ratio is currently 50.67%.

Church & Dwight Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.