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Universal Beteiligungs und Servicegesellschaft mbH Has $39.81 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Church & Dwight logo with Consumer Staples background

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 361,597 shares of the company's stock after acquiring an additional 13,081 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.15% of Church & Dwight worth $39,808,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. IAG Wealth Partners LLC lifted its position in Church & Dwight by 92.9% during the first quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock worth $30,000 after purchasing an additional 130 shares during the period. Bernard Wealth Management Corp. bought a new stake in Church & Dwight during the fourth quarter worth about $40,000. Wayfinding Financial LLC bought a new stake in Church & Dwight during the first quarter worth about $40,000. Versant Capital Management Inc lifted its position in Church & Dwight by 42.1% during the first quarter. Versant Capital Management Inc now owns 378 shares of the company's stock worth $42,000 after purchasing an additional 112 shares during the period. Finally, Banque Transatlantique SA acquired a new stake in shares of Church & Dwight during the 4th quarter worth approximately $46,000. Institutional investors own 86.60% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Truist Financial set a $110.00 price target on shares of Church & Dwight and gave the stock a "buy" rating in a research report on Friday, June 6th. Wells Fargo & Company increased their price target on shares of Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. Redburn Partners set a $83.00 price target on shares of Church & Dwight in a research report on Monday, July 14th. Redburn Atlantic lowered shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Finally, Rothschild & Co Redburn cut shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price for the company. in a report on Monday, July 14th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $104.38.

Check Out Our Latest Analysis on CHD

Insider Activity

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the firm's stock in a transaction that occurred on 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 owned 13,747 shares in the company, valued at approximately $1,360,953. This trade represents a 51.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Penry W. Price sold 14,660 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $93.13, for a total transaction of $1,365,285.80. Following the transaction, the director owned 27,043 shares of the company's stock, valued at approximately $2,518,514.59. The trade was a 35.15% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 50,575 shares of company stock worth $4,910,586. 2.00% of the stock is owned by insiders.

Church & Dwight Trading Down 0.1%

Shares of CHD stock traded down $0.11 during trading hours on Friday, hitting $97.17. 1,652,693 shares of the company's stock traded hands, compared to its average volume of 1,925,047. The stock's 50 day simple moving average is $97.34 and its 200 day simple moving average is $102.01. The stock has a market cap of $23.93 billion, a PE ratio of 41.70, a price-to-earnings-growth ratio of 3.89 and a beta of 0.51. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.48.

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

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were issued a dividend of $0.295 per share. The ex-dividend date was Thursday, May 15th. This represents a $1.18 annualized dividend and a yield of 1.21%. Church & Dwight's payout ratio is 50.64%.

About Church & Dwight

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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