CHURCH & DWIGHT INC COM (CHD) : Reik reduced its stake in CHURCH & DWIGHT INC COM by 5.79% during the most recent quarter end. The investment management company now holds a total of 972,359 shares of CHURCH & DWIGHT INC COM which is valued at $89,486,199 after selling 59,788 shares in CHURCH & DWIGHT INC COM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.CHURCH & DWIGHT INC COM makes up approximately 32.09% of Reik’s portfolio.
CHURCH & DWIGHT INC COM opened for trading at $92.29 and hit $92.59 on the upside on Wednesday, eventually ending the session at $92.29, with a gain of 0.25% or 0.23 points. The heightened volatility saw the trading volume jump to 3,39,167 shares. Company has a market cap of $11,972 M.
Other Hedge Funds, Including , Gw Henssler Associates Ltd reduced its stake in CHD by selling 3,107 shares or 11.06% in the most recent quarter. The Hedge Fund company now holds 24,974 shares of CHD which is valued at $2,298,357. CHURCH & DWIGHT INC COM makes up approx 0.27% of Gw Henssler Associates Ltd’s portfolio.Somerset Trust Co boosted its stake in CHD in the latest quarter, The investment management firm added 350 additional shares and now holds a total of 5,894 shares of CHURCH & DWIGHT INC COM which is valued at $553,506. CHURCH & DWIGHT INC COM makes up approx 0.36% of Somerset Trust Co’s portfolio. Charter Trust Co added CHD to its portfolio by purchasing 2,330 company shares during the most recent quarter which is valued at $217,739. CHURCH & DWIGHT INC COM makes up approx 0.03% of Charter Trust Co’s portfolio.
On the company’s financial health, CHURCH & DWIGHT INC COM reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 2, 2016. Analyst had a consensus of $0.81. The company had revenue of $873.60 million for the quarter, compared to analysts expectations of $863.50 million. The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.78 EPS.
Many Wall Street Analysts have commented on CHURCH & DWIGHT INC COM. CHURCH & DWIGHT INC COM was Downgraded by BofA/Merrill to ” Underperform” on Apr 18, 2016. Company shares were Reiterated by Deutsche Bank on Feb 3, 2016 to “Buy”, Firm has raised the Price Target to $ 94 from a previous price target of $89 .
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.