Mn Services Vermogensbeheer B.V. Has $10.05 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Mn Services Vermogensbeheer B.V. trimmed its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 2.8% during the second quarter, Holdings Channel reports. The firm owned 96,900 shares of the company’s stock after selling 2,800 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Church & Dwight were worth $10,047,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CHD. International Assets Investment Management LLC acquired a new stake in Church & Dwight in the fourth quarter worth $23,250,000. CWM LLC grew its stake in shares of Church & Dwight by 6.8% in the 4th quarter. CWM LLC now owns 9,030 shares of the company’s stock valued at $854,000 after buying an additional 572 shares during the period. GAMMA Investing LLC bought a new stake in Church & Dwight in the 4th quarter valued at about $229,000. Alaska Permanent Fund Corp raised its stake in Church & Dwight by 203.6% during the 4th quarter. Alaska Permanent Fund Corp now owns 22,453 shares of the company’s stock worth $2,123,000 after buying an additional 15,058 shares during the period. Finally, Atria Wealth Solutions Inc. boosted its holdings in Church & Dwight by 24.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,468 shares of the company’s stock worth $1,179,000 after acquiring an additional 2,422 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Insider Activity

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at approximately $429,179.03. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 20,000 shares of Church & Dwight stock in a transaction that occurred on Tuesday, June 4th. The shares were sold at an average price of $107.67, for a total transaction of $2,153,400.00. Following the completion of the sale, the director now directly owns 13,793 shares in the company, valued at $1,485,092.31. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Barry A. Bruno sold 59,328 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $429,179.03. The disclosure for this sale can be found here. Insiders have sold a total of 220,722 shares of company stock worth $23,139,816 over the last ninety days. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on CHD. HSBC boosted their price objective on Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a report on Friday, May 3rd. BNP Paribas started coverage on shares of Church & Dwight in a report on Monday, June 24th. They set a “neutral” rating and a $114.00 price objective on the stock. Barclays raised their target price on Church & Dwight from $80.00 to $82.00 and gave the company an “underweight” rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. decreased their price target on Church & Dwight from $101.00 to $97.00 and set an “underweight” rating for the company in a report on Monday, August 5th. Finally, Morgan Stanley cut their price objective on shares of Church & Dwight from $114.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $106.58.

Church & Dwight Stock Performance

Shares of NYSE CHD traded down $0.48 during midday trading on Friday, hitting $102.16. The company’s stock had a trading volume of 865,914 shares, compared to its average volume of 1,651,158. The stock has a fifty day moving average price of $103.04 and a 200 day moving average price of $103.64. The firm has a market capitalization of $24.98 billion, a price-to-earnings ratio of 32.43, a P/E/G ratio of 3.46 and a beta of 0.52. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.09. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.92 earnings per share. On average, research analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Thursday, August 15th. Church & Dwight’s payout ratio is presently 35.87%.

Church & Dwight Company 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.