Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Lowers Position in Church & Dwight Co., Inc. (NYSE:CHD)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA cut its stake in Church & Dwight Co., Inc. (NYSE:CHD – Get Rating) by 5.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,534,765 shares of the company’s stock after selling 83,014 shares during the quarter. Church & Dwight comprises 1.6% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s investment portfolio, making the stock its 21st largest position. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Church & Dwight were worth $152,525,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CHD. EverSource Wealth Advisors LLC purchased a new stake in shares of Church & Dwight in the fourth quarter worth approximately $29,000. Evolution Advisers Inc. purchased a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $30,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $35,000. US Asset Management LLC purchased a new stake in shares of Church & Dwight during the first quarter valued at approximately $36,000. Finally, Shore Point Advisors LLC purchased a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $47,000. 84.81% of the stock is owned by hedge funds and other institutional investors.

In other Church & Dwight news, Director Bradley C. Irwin sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, May 11th. The stock was sold at an average price of $97.86, for a total transaction of $685,020.00. Following the sale, the director now owns 41,636 shares in the company, valued at $4,074,498.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.70% of the company’s stock.

NYSE:CHD traded up $1.27 during trading hours on Thursday, hitting $88.86. 4,664 shares of the company’s stock traded hands, compared to its average volume of 1,518,361. The firm has a market cap of $21.57 billion, a P/E ratio of 26.87, a P/E/G ratio of 3.40 and a beta of 0.43. Church & Dwight Co., Inc. has a 52 week low of $80.34 and a 52 week high of $105.28. The business’s fifty day simple moving average is $93.17 and its two-hundred day simple moving average is $97.40. The company has a quick ratio of 0.33, a current ratio of 0.65 and a debt-to-equity ratio of 0.47.

Church & Dwight (NYSE:CHD – Get Rating) last posted its quarterly earnings data on Thursday, April 28th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.07. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. Church & Dwight had a return on equity of 22.29% and a net margin of 15.46%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $0.83 earnings per share. On average, analysts expect that Church & Dwight Co., Inc. will post 3.15 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 1st. Shareholders of record on Monday, May 16th were given a dividend of $0.2625 per share. The ex-dividend date was Friday, May 13th. This represents a $1.05 dividend on an annualized basis and a yield of 1.18%. Church & Dwight’s payout ratio is 32.21%.

Several equities analysts have weighed in on the company. Wells Fargo & Company raised Church & Dwight from an “equal weight” rating to an “overweight” rating and set a $95.00 price objective for the company in a report on Tuesday. StockNews.com began coverage on Church & Dwight in a report on Thursday, March 31st. They issued a “hold” rating for the company. Atlantic Securities lowered Church & Dwight from a “neutral” rating to an “underweight” rating and set a $80.00 price target for the company. in a report on Wednesday, March 2nd. Morgan Stanley raised their price target on Church & Dwight from $80.00 to $86.00 and gave the stock an “underweight” rating in a report on Tuesday, April 12th. Finally, JPMorgan Chase & Co. cut their price target on Church & Dwight from $87.00 to $85.00 and set an “underweight” rating for the company in a report on Wednesday, March 30th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $97.00.

Church & Dwight Profile (Get Rating)

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates through three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry 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 analgesics 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; water flossers and replacement showerheads under the WATERPIK brand; FLAWLESS products; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand.

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