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

Mirabella Financial Services LLP trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 86.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,135 shares of the company’s stock after selling 19,388 shares during the period. Mirabella Financial Services LLP’s holdings in Church & Dwight were worth $328,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Amalgamated Bank boosted its stake in Church & Dwight by 0.8% during the third quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock worth $5,242,000 after acquiring an additional 394 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of 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 during the period. Tidal Investments LLC boosted its position in shares of Church & Dwight by 160.1% during the 1st quarter. Tidal Investments LLC now owns 23,530 shares of the company’s stock worth $2,454,000 after purchasing an additional 14,483 shares in the last quarter. Addenda Capital Inc. grew its stake in shares of Church & Dwight by 12.7% in the 2nd quarter. Addenda Capital Inc. now owns 56,723 shares of the company’s stock valued at $5,881,000 after buying an additional 6,389 shares during the period. Finally, Hsbc Holdings PLC increased its position in Church & Dwight by 12.4% in the 2nd quarter. Hsbc Holdings PLC now owns 803,588 shares of the company’s stock valued at $83,249,000 after buying an additional 88,580 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In related news, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now owns 400 shares of the company’s stock, valued at approximately $44,976. The trade was a 95.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the transaction, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at approximately $1,158,361.75. This trade represents a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 543,513 shares of company stock worth $56,795,253 over the last three months. 1.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Morgan Stanley lowered Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target on the stock. in a report on Monday, September 9th. Stifel Nicolaus reduced their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research report on Monday, August 5th. TD Cowen boosted their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. raised their price objective on shares of Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research note on Monday, November 4th. Finally, Barclays decreased their target price on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus target price of $108.53.

Church & Dwight Stock Performance

Shares of CHD opened at $110.45 on Tuesday. The stock has a 50 day moving average of $104.27 and a 200 day moving average of $104.22. The company has a market capitalization of $27.06 billion, a price-to-earnings ratio of 49.53, a PEG ratio of 4.09 and a beta of 0.55. Church & Dwight Co., Inc. has a 12 month low of $90.26 and a 12 month high of $113.50. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

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

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, November 15th. Church & Dwight’s payout ratio is 50.67%.

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.