Church & Dwight Co., Inc. (NYSE:CHD) Stock Holdings Lowered by Fmr LLC

FMR LLC lowered its position in Church & Dwight Co., Inc. (NYSE:CHD) by 10.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,018,774 shares of the company’s stock after selling 231,588 shares during the period. FMR LLC owned approximately 0.82% of Church & Dwight worth $143,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CHD. Norges Bank bought a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $110,532,000. Janus Henderson Group PLC raised its stake in Church & Dwight by 95.5% in the first quarter. Janus Henderson Group PLC now owns 2,261,846 shares of the company’s stock worth $161,112,000 after buying an additional 1,105,055 shares in the last quarter. BlackRock Inc. raised its stake in Church & Dwight by 5.6% in the fourth quarter. BlackRock Inc. now owns 20,229,813 shares of the company’s stock worth $1,330,311,000 after buying an additional 1,071,381 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Church & Dwight by 70.3% in the first quarter. PNC Financial Services Group Inc. now owns 1,640,801 shares of the company’s stock worth $116,874,000 after buying an additional 677,488 shares in the last quarter. Finally, APG Asset Management N.V. raised its stake in Church & Dwight by 559.2% in the fourth quarter. APG Asset Management N.V. now owns 711,182 shares of the company’s stock worth $40,911,000 after buying an additional 603,300 shares in the last quarter. 82.08% of the stock is owned by institutional investors and hedge funds.

Shares of Church & Dwight stock traded up $1.22 during mid-day trading on Thursday, hitting $76.63. The stock had a trading volume of 1,620,200 shares, compared to its average volume of 1,575,823. The firm’s 50-day simple moving average is $75.44. Church & Dwight Co., Inc. has a 12-month low of $53.15 and a 12-month high of $79.22. The company has a current ratio of 0.81, a quick ratio of 0.45 and a debt-to-equity ratio of 0.60. The company has a market cap of $18.55 billion, a price-to-earnings ratio of 33.76, a P/E/G ratio of 3.55 and a beta of 0.21.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.04. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Church & Dwight had a net margin of 14.02% and a return on equity of 24.62%. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company posted $0.63 EPS. On average, equities research analysts anticipate that Church & Dwight Co., Inc. will post 2.48 earnings per share for the current year.

In other Church & Dwight news, Director Arthur B. Winkleblack sold 48,000 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $73.19, for a total transaction of $3,513,120.00. Following the transaction, the director now directly owns 240,606 shares of the company’s stock, valued at approximately $17,609,953.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Steven J. Katz sold 11,760 shares of Church & Dwight stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $74.32, for a total transaction of $874,003.20. Following the completion of the sale, the vice president now directly owns 13,018 shares in the company, valued at approximately $967,497.76. The disclosure for this sale can be found here. Insiders sold a total of 159,516 shares of company stock worth $11,866,800 over the last 90 days. Company insiders own 2.00% of the company’s stock.

CHD has been the topic of several analyst reports. Zacks Investment Research raised shares of Icon from a “hold” rating to a “buy” rating and set a $157.00 price target on the stock in a report on Thursday, May 30th. Deutsche Bank lifted their price target on shares of Welltower from $61.00 to $71.00 and gave the stock a “hold” rating in a report on Friday, March 29th. Jefferies Financial Group reissued a “sell” rating on shares of Molson Coors Brewing in a report on Wednesday, April 10th. Wells Fargo & Co reissued a “hold” rating and set a $70.00 price objective on shares of Church & Dwight in a report on Thursday, May 2nd. Finally, SunTrust Banks lowered their price target on shares of Analog Devices to $122.00 and set a “buy” rating on the stock in a report on Thursday, May 23rd. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $67.94.

Church & Dwight Profile

Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products; and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.

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

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