Church & Dwight Co. (CHD) : Advisors Preferred reduced its stake in Church & Dwight Co. by 43.19% during the most recent quarter end. The investment management company now holds a total of 2,599 shares of Church & Dwight Co. which is valued at $250,933 after selling 1,976 shares in Church & Dwight Co. , the firm said in a disclosure report filed with the SEC on May 12, 2016.Church & Dwight Co. makes up approximately 0.13% of Advisors Preferred’s portfolio.
Other Hedge Funds, Including , Korea Investment Corp boosted its stake in CHD in the latest quarter, The investment management firm added 43,200 additional shares and now holds a total of 79,900 shares of Church & Dwight Co. which is valued at $7.7 Million. Church & Dwight Co. makes up approx 0.06% of Korea Investment Corp’s portfolio.Bradley Foster Sargent Incct reduced its stake in CHD by selling 3,065 shares or 1.48% in the most recent quarter. The Hedge Fund company now holds 204,556 shares of CHD which is valued at $19.7 Million. Church & Dwight Co. makes up approx 0.92% of Bradley Foster Sargent Incct’s portfolio.Penserra Capital Management reduced its stake in CHD by selling 12 shares or 15.0% in the most recent quarter. The Hedge Fund company now holds 68 shares of CHD which is valued at $6,565. Pacad Investment Ltd. added CHD to its portfolio by purchasing 10,632 company shares during the most recent quarter which is valued at $1 Million. Church & Dwight Co. makes up approx 0.12% of Pacad Investment Ltd.’s portfolio.Carderock Capital Management Inc boosted its stake in CHD in the latest quarter, The investment management firm added 2,446 additional shares and now holds a total of 58,262 shares of Church & Dwight Co. which is valued at $5.6 Million. Church & Dwight Co. makes up approx 2.94% of Carderock Capital Management Inc’s portfolio.
Church & Dwight Co. closed down -2.61 points or -2.63% at $96.48 with 18,71,203 shares getting traded on Friday. Post opening the session at $99.09, the shares hit an intraday low of $96.43 and an intraday high of $99.61 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Church & Dwight Co. reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.85. The company had revenue of $849.00 million for the quarter, compared to analysts expectations of $827.32 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.
Many Wall Street Analysts have commented on Church & Dwight Co.. Church & Dwight Co. was Downgraded by BofA/Merrill to ” Underperform” on Apr 18, 2016.
Church & Dwight Co. Inc. develops manufactures and markets a range of household personal care and specialty products. The Company operates in three segments. The Consumer Domestic segment provides the power brands (ARM & HAMMER TROJAN OXICLEAN SPINBRUSH FIRST RESPONSE NAIR ORAJEL XTRA LIL CRITTERS and VITAFUSION) and other household and personal care products such as SCRUB FREE KABOOM and ORANGE GLO cleaning products ANSWER home pregnancy and ovulation test kits ARRID antiperspirant and CLOSE-UP and AIM toothpastes. The Consumer International segment sells personal care products some of which use the same brands as the Companys domestic product lines in International markets. The Specialty Products Division (SPD) is a producer of sodium bicarbonate which it sells together with other specialty inorganic chemicals for industrial institutional medical and food applications. SPD also sells a range of animal nutrition and specialty cleaning products.