Saturna Capital Corp buys $78 Million stake in Church & Dwight Co. (CHD)

Church & Dwight Co. (CHD) : Saturna Capital Corp scooped up 803 additional shares in Church & Dwight Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 808,358 shares of Church & Dwight Co. which is valued at $78 Million.Church & Dwight Co. makes up approximately 2.54% of Saturna Capital Corp’s portfolio.

Other Hedge Funds, Including , Citadel Advisors boosted its stake in CHD in the latest quarter, The investment management firm added 424,911 additional shares and now holds a total of 623,966 shares of Church & Dwight Co. which is valued at $60.2 Million. Church & Dwight Co. makes up approx 0.18% of Citadel Advisors’s portfolio.Schroder Investment Management Group reduced its stake in CHD by selling 22,019 shares or 9.41% in the most recent quarter. The Hedge Fund company now holds 211,925 shares of CHD which is valued at $20.5 Million. Church & Dwight Co. makes up approx 0.04% of Schroder Investment Management Group’s portfolio.Folger Nolan Fleming Douglas Capital Management Inc reduced its stake in CHD by selling 955 shares or 1.23% in the most recent quarter. The Hedge Fund company now holds 76,831 shares of CHD which is valued at $7.4 Million. Church & Dwight Co. makes up approx 1.33% of Folger Nolan Fleming Douglas Capital Management Inc’s portfolio.Roof Eidam Maycockadv reduced its stake in CHD by selling 25 shares or 0.17% in the most recent quarter. The Hedge Fund company now holds 14,870 shares of CHD which is valued at $1.4 Million. Church & Dwight Co. makes up approx 1.01% of Roof Eidam Maycockadv’s portfolio.

Church & Dwight Co. closed down -0.54 points or -0.55% at $97.35 with 7,41,010 shares getting traded on Wednesday. Post opening the session at $97.72, the shares hit an intraday low of $96.95 and an intraday high of $97.98 and the price fluctuated in this range throughout the day.Shares ended Wednesday 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 L’IL 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 Company’s 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.

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