Livforsakringsbolaget Skandia Omsesidigt Has $270,000 Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 276.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,577 shares of the company’s stock after purchasing an additional 1,892 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Church & Dwight were worth $270,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Church & Dwight by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock worth $2,861,865,000 after acquiring an additional 354,946 shares during the period. Capital International Investors grew its holdings in shares of Church & Dwight by 1.0% during the 1st quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock worth $948,968,000 after purchasing an additional 92,862 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Church & Dwight by 2.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 7,586,482 shares of the company’s stock worth $786,566,000 after purchasing an additional 153,127 shares during the period. ProShare Advisors LLC raised its stake in Church & Dwight by 1.8% in the first quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock valued at $186,028,000 after purchasing an additional 31,145 shares in the last quarter. Finally, Millennium Management LLC lifted its position in Church & Dwight by 1,617.3% during the second quarter. Millennium Management LLC now owns 1,292,854 shares of the company’s stock worth $134,043,000 after purchasing an additional 1,217,568 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $429,179.03. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have recently commented on CHD. BNP Paribas started coverage on shares of Church & Dwight in a research report on Monday, June 24th. They issued a “neutral” rating and a $114.00 target price for the company. Evercore ISI decreased their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 5th. Truist Financial dropped their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. JPMorgan Chase & Co. lifted their target price on Church & Dwight from $97.00 to $98.00 and gave the company an “underweight” rating in a research report on Friday. Finally, TD Cowen started coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They set a “buy” rating and a $116.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $107.50.

Church & Dwight Stock Performance

Shares of CHD stock opened at $103.16 on Tuesday. The stock has a market capitalization of $25.26 billion, a PE ratio of 31.74, a PEG ratio of 3.71 and a beta of 0.54. The business’s 50 day simple moving average is $102.49 and its 200 day simple moving average is $104.03. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 0.98. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31.

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

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were given a dividend of $0.2838 per share. The ex-dividend date was Thursday, August 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.10%. Church & Dwight’s payout ratio is 34.77%.

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.