Church & Dwight Company, Inc. (CHD) Position Trimmed by Fairfield Bush & CO.

Fairfield Bush & CO. decreased its holdings in shares of Church & Dwight Company, Inc. (NYSE:CHD) by 0.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 67,899 shares of the company’s stock after selling 255 shares during the quarter. Church & Dwight comprises approximately 1.1% of Fairfield Bush & CO.’s holdings, making the stock its 26th largest position. Fairfield Bush & CO.’s holdings in Church & Dwight were worth $3,523,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Thrivent Financial For Lutherans boosted its stake in Church & Dwight by 0.3% during the 2nd quarter. Thrivent Financial For Lutherans now owns 9,410 shares of the company’s stock valued at $488,000 after purchasing an additional 30 shares during the period. Somerset Trust Co lifted its position in shares of Church & Dwight by 0.4% in the 2nd quarter. Somerset Trust Co now owns 10,661 shares of the company’s stock worth $553,000 after acquiring an additional 44 shares during the period. Veritable L.P. lifted its position in shares of Church & Dwight by 0.7% in the 2nd quarter. Veritable L.P. now owns 6,417 shares of the company’s stock worth $333,000 after acquiring an additional 47 shares during the period. Boston Financial Mangement LLC lifted its position in shares of Church & Dwight by 1.4% in the 1st quarter. Boston Financial Mangement LLC now owns 4,970 shares of the company’s stock worth $248,000 after acquiring an additional 70 shares during the period. Finally, Flagship Harbor Advisors LLC lifted its position in shares of Church & Dwight by 1.0% in the 1st quarter. Flagship Harbor Advisors LLC now owns 8,812 shares of the company’s stock worth $440,000 after acquiring an additional 86 shares during the period. Hedge funds and other institutional investors own 79.57% of the company’s stock.

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A number of brokerages have commented on CHD. Zacks Investment Research upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Friday, July 7th. Jefferies Group LLC reiterated a “buy” rating and issued a $59.00 price objective on shares of Church & Dwight in a research report on Tuesday, June 13th. BMO Capital Markets set a $50.00 price objective on Church & Dwight and gave the stock a “hold” rating in a research report on Monday, July 17th. UBS AG reiterated a “sell” rating and issued a $48.00 price objective (up previously from $46.00) on shares of Church & Dwight in a research report on Tuesday, July 18th. Finally, KeyCorp reiterated a “hold” rating on shares of Church & Dwight in a research report on Friday, August 25th. Six research analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company. Church & Dwight currently has an average rating of “Hold” and a consensus target price of $51.24.

Church & Dwight Company, Inc. (NYSE:CHD) traded up 0.09% during midday trading on Tuesday, hitting $47.06. The stock had a trading volume of 800,415 shares. The company has a 50-day moving average of $49.19 and a 200-day moving average of $50.76. The stock has a market cap of $11.74 billion, a price-to-earnings ratio of 27.83 and a beta of 0.60. Church & Dwight Company, Inc. has a 1-year low of $42.56 and a 1-year high of $54.18.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $898.00 million during the quarter, compared to the consensus estimate of $903.87 million. Church & Dwight had a net margin of 12.39% and a return on equity of 24.21%. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 earnings per share. Equities research analysts forecast that Church & Dwight Company, Inc. will post $1.93 EPS for the current year.

In other news, EVP Steven P. Cugine sold 177,940 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $50.30, for a total transaction of $8,950,382.00. Following the completion of the transaction, the executive vice president now directly owns 46,348 shares in the company, valued at $2,331,304.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert D. Leblanc sold 9,718 shares of the company’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $49.84, for a total transaction of $484,345.12. Following the transaction, the director now owns 56,497 shares of the company’s stock, valued at $2,815,810.48. The disclosure for this sale can be found here. Insiders have sold 198,858 shares of company stock valued at $9,996,631 over the last quarter. Company insiders own 2.00% of the company’s stock.

About Church & Dwight

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

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

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