Fulton Breakefield Broenniman LLC Reduces Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Fulton Breakefield Broenniman LLC reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 0.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 153,769 shares of the company’s stock after selling 1,314 shares during the quarter. Church & Dwight accounts for 1.2% of Fulton Breakefield Broenniman LLC’s investment portfolio, making the stock its 26th largest position. Fulton Breakefield Broenniman LLC owned 0.06% of Church & Dwight worth $16,101,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Amalgamated Bank lifted its holdings in Church & Dwight by 0.8% during the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock worth $5,242,000 after buying an additional 394 shares in the last quarter. Board of the Pension Protection Fund acquired a new stake in Church & Dwight during the 4th quarter worth approximately $639,000. Oddo BHF Asset Management Sas acquired a new stake in Church & Dwight during the 3rd quarter worth approximately $5,934,000. Citigroup Inc. lifted its holdings in Church & Dwight by 9.1% during the 3rd quarter. Citigroup Inc. now owns 337,738 shares of the company’s stock worth $35,368,000 after buying an additional 28,129 shares in the last quarter. Finally, Financial Enhancement Group LLC raised its holdings in shares of Church & Dwight by 456.2% in the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company’s stock valued at $6,232,000 after purchasing an additional 49,693 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Church & Dwight Trading Down 1.6 %

Shares of NYSE CHD opened at $107.61 on Wednesday. Church & Dwight Co., Inc. has a one year low of $96.09 and a one year high of $113.50. The firm has a market capitalization of $26.36 billion, a PE ratio of 48.26, a PEG ratio of 3.29 and a beta of 0.58. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The business has a 50-day moving average price of $106.69 and a two-hundred day moving average price of $104.11.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the business earned $0.74 EPS. As a group, analysts predict that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on CHD shares. Stifel Nicolaus dropped their target price on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research report on Friday, January 17th. Wells Fargo & Company lifted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Barclays lifted their target price on shares of Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a report on Friday, January 17th. JPMorgan Chase & Co. raised their price objective on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research note on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $110.61.

Insider Activity at Church & Dwight

In other news, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the transaction, the director now owns 7,129 shares of the company’s stock, valued at $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at $11,613,438.57. This represents a 59.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 593,035 shares of company stock valued at $62,282,808 in the last 90 days. 2.00% of the stock is owned by corporate insiders.

Church & Dwight Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. 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.