Todays Report: The Roberts Glore & Co. Inc. IL reached $387,000 position of Church & Dwight Co. (CHD)

The Roberts Glore & Co. Inc. IL reached $387,000 position  of Church & Dwight Co. (CHD)

Roberts Glore & Co. Inc. IL reduced its position in Church & Dwight Co. (NYSE:CHD) by 4.7% during the second quarter, Holdings Channel reports. The firm owned 3,757 shares of the company’s stock after selling 185 shares during the period. Roberts Glore & Co. Inc. IL’s holdings in Church & Dwight Co. were worth $387,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in CHD. Huntington National Bank increased its stake in shares of Church & Dwight Co. by 11.5% in the second quarter. Huntington National Bank now owns 340,928 shares of the company’s stock worth $35,078,000 after buying an additional 35,138 shares during the period. Advisory Services Network LLC increased its stake in shares of Church & Dwight Co. by 3.9% in the second quarter. Advisory Services Network LLC now owns 2,107 shares of the company’s stock worth $217,000 after buying an additional 80 shares during the period. Ariel Capital Advisors LLC increased its stake in shares of Church & Dwight Co. by 22.7% in the second quarter. Ariel Capital Advisors LLC now owns 6,890 shares of the company’s stock worth $708,000 after buying an additional 1,275 shares during the period. ING Groep NV increased its stake in shares of Church & Dwight Co. by 50.7% in the second quarter. ING Groep NV now owns 4,517 shares of the company’s stock worth $465,000 after buying an additional 1,519 shares during the period. Finally, Boston Advisors LLC increased its stake in shares of Church & Dwight Co. by 2.9% in the second quarter. Boston Advisors LLC now owns 57,192 shares of the company’s stock worth $5,885,000 after buying an additional 1,603 shares during the period. Hedge funds and other institutional investors own 40.31% of the company’s stock.

Church & Dwight Co. (NYSE:CHD) traded up 0.75% during trading on Monday, reaching $48.28. 1,760,055 shares of the company’s stock traded hands. The firm has a market cap of $12.44 billion, a PE ratio of 28.14 and a beta of 0.37. Church & Dwight Co. has a 12 month low of $38.42 and a 12 month high of $53.68. The firm has a 50 day moving average price of $47.96 and a 200-day moving average price of $48.62.

Church & Dwight Co. (NYSE:CHD) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.80 by $0.05. The business had revenue of $877.40 million for the quarter, compared to analysts’ expectations of $869.23 million. Church & Dwight Co. had a net margin of 13.12% and a return on equity of 22.69%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.73 EPS. On average, analysts forecast that Church & Dwight Co. will post $1.77 earnings per share for the current fiscal year.

CHD has been the subject of a number of research analyst reports. Stifel Nicolaus initiated coverage on Church & Dwight Co. in a report on Monday, July 11th. They issued a “hold” rating for the company. Jefferies Group restated a “buy” rating and issued a $56.00 target price on shares of Church & Dwight Co. in a report on Thursday, July 14th. Goldman Sachs Group Inc. restated a “sell” rating and issued a $42.00 target price (up previously from $40.50) on shares of Church & Dwight Co. in a report on Friday, July 15th. Zacks Investment Research lowered Church & Dwight Co. from a “hold” rating to a “sell” rating in a report on Tuesday, July 19th. Finally, Citigroup Inc. increased their target price on Church & Dwight Co. from $51.50 to $55.00 and gave the company a “neutral” rating in a report on Friday, August 5th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $50.77.

In related news, VP Paul A. Siracusa sold 3,293 shares of the business’s stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of $50.03, for a total value of $164,748.79. Following the sale, the vice president now directly owns 4,448 shares of the company’s stock, valued at approximately $222,533.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Paul A. Siracusa sold 122,707 shares of the business’s stock in a transaction on Friday, September 2nd. The shares were sold at an average price of $50.01, for a total transaction of $6,136,577.07. Following the completion of the sale, the vice president now directly owns 62,355 shares in the company, valued at $3,118,373.55. The disclosure for this sale can be found here. 2.17% of the stock is currently owned by corporate insiders.

Church & Dwight Co. Company Profile

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company operates in three segments: Consumer Domestic, which includes consumer products, as well as other household and personal care products; Consumer International, which markets a range of personal care products, household and over-the-counter products in international markets, and Specialty Products Division (SPD), a producer of sodium bicarbonate.

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