Church & Dwight Co., Inc. (CHD) Position Cut by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

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Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 0.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,245,018 shares of the company’s stock after selling 4,651 shares during the period. Church & Dwight makes up approximately 2.1% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings, making the stock its 17th biggest position. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Church & Dwight were worth $133,287,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Carnick & Kubik Group LLC lifted its holdings in Church & Dwight by 4.5% in the second quarter. Carnick & Kubik Group LLC now owns 20,422 shares of the company’s stock valued at $1,086,000 after buying an additional 885 shares during the period. Iberiabank Corp raised its holdings in shares of Church & Dwight by 14.7% during the third quarter. Iberiabank Corp now owns 7,270 shares of the company’s stock valued at $432,000 after purchasing an additional 931 shares during the period. North Star Asset Management Inc. raised its holdings in shares of Church & Dwight by 2.6% during the third quarter. North Star Asset Management Inc. now owns 36,829 shares of the company’s stock valued at $2,187,000 after purchasing an additional 946 shares during the period. McCollum Christoferson Group LLC raised its holdings in shares of Church & Dwight by 1.0% during the third quarter. McCollum Christoferson Group LLC now owns 93,834 shares of the company’s stock valued at $5,571,000 after purchasing an additional 953 shares during the period. Finally, Portland Global Advisors LLC raised its holdings in shares of Church & Dwight by 1.8% during the second quarter. Portland Global Advisors LLC now owns 54,134 shares of the company’s stock valued at $2,878,000 after purchasing an additional 962 shares during the period. Institutional investors and hedge funds own 84.98% of the company’s stock.

NYSE:CHD opened at $59.37 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 0.81. The stock has a market cap of $14.78 billion, a PE ratio of 30.60, a price-to-earnings-growth ratio of 2.64 and a beta of 0.38. Church & Dwight Co., Inc. has a one year low of $43.21 and a one year high of $61.28.

Church & Dwight (NYSE:CHD) last posted its earnings results on Thursday, November 1st. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.54 by $0.04. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. Church & Dwight had a net margin of 20.29% and a return on equity of 25.21%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 earnings per share. On average, equities analysts predict that Church & Dwight Co., Inc. will post 2.28 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Thursday, November 15th will be given a dividend of $0.2175 per share. This represents a $0.87 annualized dividend and a dividend yield of 1.47%. Church & Dwight’s payout ratio is presently 44.85%.

CHD has been the topic of several research reports. ValuEngine upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating in a report on Wednesday, September 12th. Jefferies Financial Group upped their price objective on shares of Church & Dwight from $65.00 to $68.00 and gave the company a “buy” rating in a report on Monday. Royal Bank of Canada upped their price objective on shares of Church & Dwight to $60.00 and gave the company a “fair value” rating in a report on Friday, August 3rd. Stifel Nicolaus upped their price objective on shares of Church & Dwight from $48.00 to $52.00 and gave the company a “hold” rating in a report on Friday, August 3rd. Finally, BMO Capital Markets upped their price objective on shares of Church & Dwight from $47.00 to $55.00 and gave the company a “hold” rating in a report on Friday, August 3rd. They noted that the move was a valuation call. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $56.33.

In other news, CAO Steven J. Katz sold 19,760 shares of the business’s stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $57.12, for a total transaction of $1,128,691.20. Following the completion of the sale, the chief accounting officer now directly owns 21,018 shares of the company’s stock, valued at $1,200,548.16. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Robert K. Shearer sold 16,718 shares of the business’s stock in a transaction dated Monday, August 20th. The stock was sold at an average price of $57.82, for a total transaction of $966,634.76. Following the sale, the director now directly owns 45,826 shares of the company’s stock, valued at $2,649,659.32. The disclosure for this sale can be found here. Over the last three months, insiders have sold 473,800 shares of company stock valued at $27,051,358. 2.00% of the stock is currently owned by insiders.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesic products 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; and water flossers and replacement showerheads under the WATERPIK brand.

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

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