Edmond DE Rothschild Holding S.A. Invests $235,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Edmond DE Rothschild Holding S.A. acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 3,300 shares of the company’s stock, valued at approximately $235,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cordasco Financial Network acquired a new position in Church & Dwight during the 1st quarter worth approximately $28,000. Pinnacle Bank acquired a new position in Church & Dwight during the 4th quarter worth approximately $33,000. Baystate Wealth Management LLC boosted its position in Church & Dwight by 332.3% during the 1st quarter. Baystate Wealth Management LLC now owns 536 shares of the company’s stock worth $39,000 after acquiring an additional 412 shares during the last quarter. Berman Capital Advisors LLC acquired a new position in Church & Dwight during the 4th quarter worth approximately $34,000. Finally, Penserra Capital Management LLC acquired a new position in Church & Dwight during the 1st quarter worth approximately $42,000. Institutional investors and hedge funds own 82.03% of the company’s stock.

CHD has been the subject of a number of recent research reports. Atlantic Securities downgraded Church & Dwight from an “overweight” rating to a “neutral” rating in a research report on Monday, May 13th. Jefferies Financial Group increased their price objective on Church & Dwight from $74.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. Deutsche Bank increased their price objective on Church & Dwight from $64.00 to $67.00 and gave the company a “hold” rating in a report on Friday, March 29th. Macquarie increased their price objective on Church & Dwight from $72.00 to $80.00 and gave the company an “outperform” rating in a report on Friday, March 29th. Finally, Credit Suisse Group initiated coverage on Church & Dwight in a report on Wednesday, March 6th. They issued a “neutral” rating and a $65.00 price objective for the company. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have given a buy rating to the stock. Church & Dwight currently has an average rating of “Hold” and a consensus price target of $67.94.

In other news, Director Bradley C. Irwin sold 13,172 shares of the stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $72.58, for a total transaction of $956,023.76. Following the sale, the director now directly owns 49,898 shares of the company’s stock, valued at approximately $3,621,596.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Britta Bomhard sold 27,000 shares of the stock in a transaction on Monday, May 6th. The stock was sold at an average price of $73.43, for a total value of $1,982,610.00. Following the sale, the vice president now directly owns 32,219 shares in the company, valued at $2,365,841.17. The disclosure for this sale can be found here. Insiders have sold a total of 159,516 shares of company stock worth $11,866,800 in the last quarter. Company insiders own 2.00% of the company’s stock.

CHD traded up $0.49 during trading hours on Monday, reaching $73.55. The company’s stock had a trading volume of 1,627,300 shares, compared to its average volume of 1,606,929. Church & Dwight Co., Inc. has a 52 week low of $52.70 and a 52 week high of $79.22. The company’s 50-day simple moving average is $75.22. 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 firm has a market cap of $17.99 billion, a price-to-earnings ratio of 32.40, a PEG ratio of 3.44 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 consensus estimate of $0.66 by $0.04. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Church & Dwight had a return on equity of 24.62% and a net margin of 14.02%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.63 EPS. Analysts predict that Church & Dwight Co., Inc. will post 2.48 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were given a dividend of $0.2275 per share. This represents a $0.91 annualized dividend and a yield of 1.24%. The ex-dividend date was Tuesday, May 14th. Church & Dwight’s payout ratio is 40.09%.

About Church & Dwight

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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