Church & Dwight Co., Inc. (NYSE:CHD) Stake Lessened by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 7.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,100 shares of the company's stock after selling 6,900 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Church & Dwight were worth $9,809,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lake Street Advisors Group LLC boosted its holdings in shares of Church & Dwight by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock valued at $282,000 after acquiring an additional 97 shares in the last quarter. Advisory Alpha LLC boosted its stake in shares of Church & Dwight by 3.7% in the first quarter. Advisory Alpha LLC now owns 2,707 shares of the company's stock valued at $298,000 after buying an additional 97 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of Church & Dwight by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock worth $2,199,000 after purchasing an additional 103 shares in the last quarter. Whittier Trust Co. boosted its holdings in Church & Dwight by 3.2% during the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock worth $345,000 after buying an additional 103 shares in the last quarter. Finally, Atria Wealth Solutions Inc. boosted its holdings in Church & Dwight by 0.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock worth $1,270,000 after buying an additional 110 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the company's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $99.00, for a total transaction of $1,451,340.00. Following the completion of the transaction, the director now owns 13,747 shares in the company, valued at approximately $1,360,953. This represents a 51.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael Read bought 3,000 shares of the firm's stock in a transaction on Friday, May 9th. The stock was purchased at an average price of $92.07 per share, with a total value of $276,210.00. Following the transaction, the executive vice president now owns 5,505 shares in the company, valued at $506,845.35. The trade was a 119.76% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 50,575 shares of company stock valued at $4,910,586. 2.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CHD shares. Cowen lowered shares of Church & Dwight from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Wells Fargo & Company increased their target price on Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 2nd. Wall Street Zen downgraded shares of Church & Dwight from a "hold" rating to a "sell" rating in a research note on Tuesday, May 20th. Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. Finally, Barclays cut their price objective on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating on the stock in a research report on Friday, May 2nd. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $108.67.

Church & Dwight Stock Down 0.3%

Church & Dwight stock traded down $0.33 during midday trading on Wednesday, hitting $95.83. The stock had a trading volume of 3,075,350 shares, compared to its average volume of 1,739,565. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46. The company has a current ratio of 1.95, a quick ratio of 1.43 and a debt-to-equity ratio of 0.48. The stock has a market cap of $23.60 billion, a P/E ratio of 41.13, a P/E/G ratio of 3.86 and a beta of 0.52. The business has a fifty day moving average price of $98.21 and a 200 day moving average price of $103.75.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.02. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the business earned $0.96 EPS. The business's quarterly revenue was down 2.4% on a year-over-year basis. Research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend was Thursday, May 15th. Church & Dwight's dividend payout ratio is presently 50.64%.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.