Ronald Blue Co Lowers stake in Church & Dwight Co. (CHD)

Church & Dwight Co. (CHD) : Ronald Blue Co reduced its stake in Church & Dwight Co. by 0.32% during the most recent quarter end. The investment management company now holds a total of 19,920 shares of Church & Dwight Co. which is valued at $1.9 Million after selling 64 shares in Church & Dwight Co. , the firm said in a disclosure report filed with the SEC on May 13, 2016.Church & Dwight Co. makes up approximately 0.11% of Ronald Blue Co’s portfolio.

Other Hedge Funds, Including , Hartford Investment Management Co boosted its stake in CHD in the latest quarter, The investment management firm added 2,498 additional shares and now holds a total of 33,802 shares of Church & Dwight Co. which is valued at $3.3 Million. Church & Dwight Co. makes up approx 0.07% of Hartford Investment Management Co’s portfolio. Gideon Capital Advisors sold out all of its stake in CHD during the most recent quarter. The investment firm sold 14,715 shares of CHD which is valued $1.4 Million. Financial Architects Inc added CHD to its portfolio by purchasing 52 company shares during the most recent quarter which is valued at $5,021.Chase Investment Counsel Corp reduced its stake in CHD by selling 5,700 shares or 32.41% in the most recent quarter. The Hedge Fund company now holds 11,885 shares of CHD which is valued at $1.2 Million. Church & Dwight Co. makes up approx 0.51% of Chase Investment Counsel Corp’s portfolio.Russell Frank Co boosted its stake in CHD in the latest quarter, The investment management firm added 54,547 additional shares and now holds a total of 242,296 shares of Church & Dwight Co. which is valued at $22.5 Million. Church & Dwight Co. makes up approx 0.04% of Russell Frank Co’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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