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

Mn Services Vermogensbeheer B.V. lessened its position in Church & Dwight Co., Inc. (NYSE:CHD) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 94,500 shares of the company’s stock after selling 2,400 shares during the quarter. 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 hedge funds and other institutional investors have also bought and sold shares of the company. Crewe Advisors LLC acquired a new position in shares of Church & Dwight during the 1st quarter worth approximately $28,000. Rothschild Investment LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight during the 2nd quarter worth approximately $33,000. Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth approximately $38,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth approximately $46,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Performance

CHD opened at $104.13 on Wednesday. The business has a fifty day simple moving average of $102.98 and a 200 day simple moving average of $104.03. The company has a market capitalization of $25.51 billion, a PE ratio of 46.70, a price-to-earnings-growth ratio of 3.78 and a beta of 0.55. Church & Dwight Co., Inc. has a 1 year low of $86.23 and a 1 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.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.74 EPS. Research analysts expect that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. The ex-dividend date is Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.09%. Church & Dwight’s payout ratio is 50.67%.

Insider Activity

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

Wall Street Analyst Weigh In

Several research firms have weighed in on CHD. Morgan Stanley lowered Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target on the stock. in a research report on Monday, September 9th. Wells Fargo & Company boosted their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday. Truist Financial lowered their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Stifel Nicolaus reduced their target price on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. Finally, TD Cowen lifted their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $108.05.

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.