Cordasco Financial Network purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD) in the 1st quarter, HoldingsChannel reports. The firm purchased 400 shares of the company’s stock, valued at approximately $28,000.

Other large investors have also bought and sold shares of the company. Bank of New York Mellon Corp increased its position in Church & Dwight by 0.6% during the third quarter. Bank of New York Mellon Corp now owns 2,346,138 shares of the company’s stock worth $139,290,000 after buying an additional 13,313 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Church & Dwight by 0.8% during the third quarter. Dimensional Fund Advisors LP now owns 1,115,928 shares of the company’s stock worth $66,248,000 after buying an additional 8,740 shares in the last quarter. Baird Financial Group Inc. purchased a new position in Church & Dwight during the third quarter worth $235,000. JPMorgan Chase & Co. increased its position in Church & Dwight by 11.6% during the third quarter. JPMorgan Chase & Co. now owns 617,252 shares of the company’s stock worth $36,647,000 after buying an additional 64,158 shares in the last quarter. Finally, People s United Financial Inc. purchased a new position in Church & Dwight during the third quarter worth $300,000. 82.50% of the stock is owned by hedge funds and other institutional investors.

In related news, EVP Maynadier Patrick D. De sold 139,320 shares of Church & Dwight stock in a transaction on Monday, January 14th. The stock was sold at an average price of $66.72, for a total value of $9,295,430.40. Following the transaction, the executive vice president now owns 40,650 shares in the company, valued at $2,712,168. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is currently owned by company insiders.

CHD has been the subject of several recent research reports. Morgan Stanley set a $58.00 price target on Church & Dwight and gave the stock a “sell” rating in a research report on Thursday, December 20th. Zacks Investment Research raised Church & Dwight from a “sell” rating to a “hold” rating in a research report on Thursday, March 28th. Credit Suisse Group initiated coverage on Church & Dwight in a research report on Wednesday, March 6th. They set a “neutral” rating and a $65.00 price target for the company. Bank of America raised Church & Dwight from an “underperform” rating to a “neutral” rating and set a $75.00 price target for the company in a research report on Friday, March 29th. Finally, Deutsche Bank raised Church & Dwight from a “sell” rating to a “hold” rating and set a $60.46 price objective for the company in a research report on Wednesday, February 6th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $66.40.

Shares of NYSE:CHD traded down $0.07 during midday trading on Wednesday, reaching $72.94. The company’s stock had a trading volume of 34,660 shares, compared to its average volume of 1,876,726. The company has a market cap of $17.78 billion, a P/E ratio of 32.12, a P/E/G ratio of 3.52 and a beta of 0.23. The company has a quick ratio of 0.52, a current ratio of 0.81 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 $73.10.

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

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Church & Dwight Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers baking soda, cat litter, carpet deodorization, and laundry detergent under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergent, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH; and home pregnancy and ovulation test kits under the FIRST RESPONSE 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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