Bright Rock Capital Management LLC Has $1,396,000 Position in Church & Dwight Co., Inc. (CHD)

Bright Rock Capital Management LLC maintained its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,000 shares of the company’s stock at the end of the first quarter. Bright Rock Capital Management LLC’s holdings in Church & Dwight Co. were worth $1,396,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of Church & Dwight Co. by 66.9% in the third quarter. JPMorgan Chase & Co. now owns 161,818 shares of the company’s stock valued at $7,755,000 after buying an additional 64,857 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in Church & Dwight Co. during the third quarter valued at about $11,958,000. Emerald Acquisition Ltd. increased its stake in Church & Dwight Co. by 67.8% in the third quarter. Emerald Acquisition Ltd. now owns 487,464 shares of the company’s stock valued at $23,359,000 after buying an additional 197,007 shares in the last quarter. Copeland Capital Management LLC increased its stake in Church & Dwight Co. by 81.7% in the third quarter. Copeland Capital Management LLC now owns 449,490 shares of the company’s stock valued at $21,539,000 after buying an additional 202,128 shares in the last quarter. Finally, Motley Fool Asset Management LLC increased its stake in Church & Dwight Co. by 100.0% in the third quarter. Motley Fool Asset Management LLC now owns 30,600 shares of the company’s stock valued at $1,466,000 after buying an additional 15,300 shares in the last quarter. 78.56% of the stock is currently owned by institutional investors and hedge funds.

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

Church & Dwight Co., Inc. (NYSE:CHD) traded up 0.149% during trading on Friday, reaching $50.345. The company had a trading volume of 832,632 shares. The company has a 50-day moving average price of $50.01 and a 200 day moving average price of $46.99. The company has a market capitalization of $12.82 billion, a price-to-earnings ratio of 28.769 and a beta of 0.43. Church & Dwight Co., Inc. has a one year low of $42.56 and a one year high of $53.68.

Church & Dwight Co. (NYSE:CHD) last released its quarterly earnings data on Tuesday, February 7th. The company reported $0.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.02. The company earned $896 million during the quarter, compared to the consensus estimate of $889.23 million. Church & Dwight Co. had a net margin of 13.14% and a return on equity of 23.11%. Church & Dwight Co.’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period last year, the firm earned $0.82 EPS. Analysts expect that Church & Dwight Co., Inc. will post $1.90 earnings per share for the current year.

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Several research firms have issued reports on CHD. Jefferies Group LLC set a $53.00 price target on Church & Dwight Co. and gave the company a “buy” rating in a research note on Sunday, January 22nd. Barclays PLC set a $47.00 price target on Church & Dwight Co. and gave the company a “sell” rating in a research note on Saturday, February 18th. Vetr downgraded Church & Dwight Co. from a “buy” rating to a “hold” rating and set a $46.83 price target on the stock. in a research note on Monday, January 23rd. Zacks Investment Research raised Church & Dwight Co. from a “sell” rating to a “hold” rating in a research note on Thursday, February 9th. Finally, Deutsche Bank AG downgraded Church & Dwight Co. from a “buy” rating to a “hold” rating and dropped their price target for the company from $48.00 to $46.00 in a research note on Wednesday, January 18th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $49.57.

In related news, Director Bradley C. Irwin sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 23rd. The shares were sold at an average price of $49.65, for a total value of $993,000.00. Following the completion of the transaction, the director now directly owns 61,570 shares of the company’s stock, valued at approximately $3,056,950.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Paul A. Siracusa sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $50.02, for a total transaction of $1,250,500.00. Following the completion of the transaction, the vice president now directly owns 26,279 shares of the company’s stock, valued at $1,314,475.58. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 62,400 shares of company stock valued at $3,110,542. 2.17% of the stock is owned by insiders.

Church & Dwight Co. Company Profile

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

5 Day Chart for NYSE:CHD

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