Albert D Mason Inc. Has $857,000 Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Albert D Mason Inc. reduced its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,183 shares of the company’s stock after selling 109 shares during the quarter. Albert D Mason Inc.’s holdings in Church & Dwight were worth $857,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CANADA LIFE ASSURANCE Co increased its position in shares of Church & Dwight by 13.1% during the first quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company’s stock valued at $35,755,000 after acquiring an additional 39,695 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Church & Dwight by 12.8% during the first quarter. Russell Investments Group Ltd. now owns 208,997 shares of the company’s stock valued at $21,798,000 after buying an additional 23,754 shares during the period. Wellington Management Group LLP raised its position in Church & Dwight by 189.4% during the fourth quarter. Wellington Management Group LLP now owns 80,332 shares of the company’s stock valued at $7,596,000 after purchasing an additional 52,576 shares in the last quarter. Assenagon Asset Management S.A. raised its position in Church & Dwight by 74.6% during the second quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company’s stock valued at $7,032,000 after purchasing an additional 28,986 shares in the last quarter. Finally, Mizuho Markets Americas LLC raised its position in Church & Dwight by 117.1% during the first quarter. Mizuho Markets Americas LLC now owns 107,206 shares of the company’s stock valued at $11,183,000 after purchasing an additional 57,817 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

Church & Dwight stock opened at $102.69 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The stock’s 50 day simple moving average is $102.82 and its two-hundred day simple moving average is $104.06. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $110.31. The stock has a market cap of $25.14 billion, a price-to-earnings ratio of 31.60, a PEG ratio of 3.86 and a beta of 0.54.

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

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were issued a $0.2838 dividend. The ex-dividend date was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.11%. Church & Dwight’s payout ratio is currently 34.77%.

Insider Buying and Selling

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the business’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the completion of the sale, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $429,179.03. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.00% of the stock is owned by company insiders.

Analyst Ratings Changes

CHD has been the topic of several analyst reports. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective on the stock. in a report on Monday, September 9th. JPMorgan Chase & Co. lifted their price objective on Church & Dwight from $97.00 to $98.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. TD Cowen initiated coverage on Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price objective on the stock. Truist Financial decreased their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Finally, Wells Fargo & Company decreased their price objective on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Three equities 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’s stock. According to data from MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $107.50.

About Church & Dwight

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.