Mirabella Financial Services LLP Has $328,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

Mirabella Financial Services LLP cut its position in Church & Dwight Co., Inc. (NYSE:CHD) by 86.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,135 shares of the company’s stock after selling 19,388 shares during the quarter. Mirabella Financial Services LLP’s holdings in Church & Dwight were worth $328,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its position in Church & Dwight by 0.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 392,168 shares of the company’s stock worth $40,908,000 after acquiring an additional 1,335 shares during the period. Janus Henderson Group PLC grew its position in shares of Church & Dwight by 57.9% during the 1st quarter. Janus Henderson Group PLC now owns 59,844 shares of the company’s stock worth $6,239,000 after purchasing an additional 21,949 shares in the last quarter. Meiji Yasuda Life Insurance Co bought a new position in shares of Church & Dwight during the first quarter worth approximately $687,000. California State Teachers Retirement System raised its position in shares of Church & Dwight by 0.6% in the first quarter. California State Teachers Retirement System now owns 391,974 shares of the company’s stock valued at $40,887,000 after buying an additional 2,359 shares in the last quarter. Finally, Tidal Investments LLC boosted its stake in shares of Church & Dwight by 160.1% in the first quarter. Tidal Investments LLC now owns 23,530 shares of the company’s stock valued at $2,454,000 after buying an additional 14,483 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Barclays lowered their price objective on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Evercore ISI dropped their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research note on Monday, August 5th. Truist Financial cut their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Monday, November 4th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Church & Dwight currently has an average rating of “Hold” and a consensus price target of $108.53.

Church & Dwight Trading Down 1.3 %

NYSE CHD opened at $110.45 on Tuesday. Church & Dwight Co., Inc. has a twelve month low of $90.26 and a twelve month high of $113.50. The business’s fifty day moving average is $104.27 and its 200 day moving average is $104.22. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The company has a market cap of $27.06 billion, a price-to-earnings ratio of 49.53, a price-to-earnings-growth ratio of 4.09 and a beta of 0.55.

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

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s payout ratio is currently 50.67%.

Insider Transactions at Church & Dwight

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the transaction, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. This trade represents a 95.11 % 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 Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction on Monday, November 4th. The shares were 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 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 543,513 shares of company stock worth $56,795,253. Company insiders own 1.40% of the company’s stock.

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.