Waverton Investment Management Ltd trimmed its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 31,175 shares of the company’s stock after selling 172 shares during the quarter. Waverton Investment Management Ltd’s holdings in Church & Dwight were worth $2,221,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE grew its position in Church & Dwight by 4.5% in the fourth quarter. Bank of America Corp DE now owns 2,657,043 shares of the company’s stock worth $174,728,000 after acquiring an additional 113,257 shares during the period. First Financial Bank Trust Division grew its position in Church & Dwight by 1.7% in the fourth quarter. First Financial Bank Trust Division now owns 88,740 shares of the company’s stock worth $5,835,000 after acquiring an additional 1,513 shares during the period. Natixis Advisors L.P. grew its position in Church & Dwight by 5.3% in the fourth quarter. Natixis Advisors L.P. now owns 51,434 shares of the company’s stock worth $3,382,000 after acquiring an additional 2,579 shares during the period. Davis R M Inc. grew its position in Church & Dwight by 42.0% in the fourth quarter. Davis R M Inc. now owns 10,753 shares of the company’s stock worth $707,000 after acquiring an additional 3,183 shares during the period. Finally, Moreno Evelyn V purchased a new position in Church & Dwight in the first quarter worth approximately $214,000. Institutional investors own 82.51% of the company’s stock.

CHD has been the subject of several research analyst reports. Zacks Investment Research upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a research report on Tuesday, January 8th. SunTrust Banks raised their price target on Church & Dwight from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Jefferies Financial Group raised their price target on Church & Dwight from $74.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Morgan Stanley upgraded Church & Dwight from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, February 6th. Finally, Wells Fargo & Co restated a “hold” rating and set a $62.00 price target on shares of Church & Dwight in a research report on Thursday, February 21st. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. Church & Dwight currently has an average rating of “Hold” and an average target price of $66.85.

Shares of NYSE CHD traded up $0.03 during mid-day trading on Thursday, hitting $73.68. The company had a trading volume of 5,245 shares, compared to its average volume of 1,806,027. The stock has a market cap of $18.12 billion, a P/E ratio of 32.47, a PEG ratio of 3.56 and a beta of 0.23. The company has a current ratio of 0.81, a quick ratio of 0.52 and a debt-to-equity ratio of 0.61. Church & Dwight Co., Inc. has a 1-year low of $44.87 and a 1-year high of $74.49.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Tuesday, February 5th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.01). The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. Church & Dwight had a net margin of 13.72% and a return on equity of 24.80%. The firm’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.52 earnings per share. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 2.46 EPS for the current fiscal year.

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About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products; and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.

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

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