Church & Dwight Co., Inc. (CHD) Holdings Boosted by EULAV Asset Management

EULAV Asset Management raised its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 2.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 379,600 shares of the company’s stock after acquiring an additional 8,600 shares during the quarter. Church & Dwight accounts for 1.0% of EULAV Asset Management’s investment portfolio, making the stock its 27th biggest holding. EULAV Asset Management’s holdings in Church & Dwight were worth $22,537,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bartlett & Co. LLC raised its position in shares of Church & Dwight by 937.5% during the second quarter. Bartlett & Co. LLC now owns 1,992 shares of the company’s stock worth $106,000 after purchasing an additional 1,800 shares during the period. Global Trust Asset Management LLC acquired a new position in shares of Church & Dwight during the third quarter worth approximately $142,000. Fort L.P. acquired a new position in shares of Church & Dwight during the second quarter worth approximately $129,000. Piedmont Investment Advisors LLC acquired a new position in shares of Church & Dwight during the second quarter worth approximately $148,000. Finally, Edge Wealth Management LLC raised its position in shares of Church & Dwight by 5,600.0% during the second quarter. Edge Wealth Management LLC now owns 2,850 shares of the company’s stock worth $152,000 after purchasing an additional 2,800 shares during the period. 85.07% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Arthur B. Winkleblack sold 8,058 shares of the company’s stock in a transaction on Friday, August 10th. The stock was sold at an average price of $55.94, for a total transaction of $450,764.52. Following the completion of the sale, the director now owns 75,187 shares in the company, valued at $4,205,960.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Steven P. Cugine sold 30,000 shares of the company’s stock in a transaction on Monday, August 6th. The stock was sold at an average price of $57.24, for a total value of $1,717,200.00. Following the sale, the executive vice president now owns 58,948 shares of the company’s stock, valued at approximately $3,374,183.52. The disclosure for this sale can be found here. Insiders have sold 473,800 shares of company stock valued at $27,051,358 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.



A number of equities analysts have recently weighed in on CHD shares. Morgan Stanley upped their target price on Church & Dwight from $46.00 to $50.00 and gave the stock an “underweight” rating in a research report on Friday, August 3rd. Royal Bank of Canada upped their target price on Church & Dwight to $60.00 and gave the stock a “fair value” rating in a research report on Friday, August 3rd. Zacks Investment Research lowered Church & Dwight from a “hold” rating to a “sell” rating in a research report on Wednesday, October 3rd. Bank of America upped their target price on Church & Dwight from $51.00 to $55.00 and gave the stock an “underperform” rating in a research report on Monday, July 16th. Finally, Oppenheimer upped their target price on Church & Dwight from $60.00 to $66.00 and gave the stock an “outperform” rating in a research report on Thursday, September 27th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $55.47.

Shares of Church & Dwight stock opened at $58.03 on Friday. Church & Dwight Co., Inc. has a 12-month low of $43.21 and a 12-month high of $61.28. The firm has a market cap of $14.55 billion, a P/E ratio of 27.83, a P/E/G ratio of 2.60 and a beta of 0.38. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 0.81.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Thursday, August 2nd. The company reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.02. Church & Dwight had a return on equity of 25.21% and a net margin of 20.29%. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the company posted $0.41 earnings per share. Church & Dwight’s revenue was up 14.5% compared to the same quarter last year. On average, equities analysts anticipate that Church & Dwight Co., Inc. will post 2.28 EPS for the current year.

About Church & Dwight

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesic products under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; and water flossers and replacement showerheads under the WATERPIK brand.

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Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD).

Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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