Saturna Capital Corp Lowers stake in Church & Dwight Co. (CHD)

Church & Dwight Co. (CHD) : Saturna Capital Corp reduced its stake in Church & Dwight Co. by 0.04% during the most recent quarter end. The investment management company now holds a total of 1,614,838 shares of Church & Dwight Co. which is valued at $70,923,685 after selling 682 shares in Church & Dwight Co. , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Church & Dwight Co. makes up approximately 2.37% of Saturna Capital Corp’s portfolio.

Other Hedge Funds, Including , Two Sigma Investments Lp sold out all of its stake in CHD during the most recent quarter. The investment firm sold 7,986 shares of CHD which is valued $350,745. Northstar Investment Advisors sold out all of its stake in CHD during the most recent quarter. The investment firm sold 5,260 shares of CHD which is valued $253,848.Cibc Asset Management Inc boosted its stake in CHD in the latest quarter, The investment management firm added 33,743 additional shares and now holds a total of 68,997 shares of Church & Dwight Co. which is valued at $3,325,655. Church & Dwight Co. makes up approx 0.02% of Cibc Asset Management Inc’s portfolio.

Church & Dwight Co. opened for trading at $44.33 and hit $44.965 on the upside on Monday, eventually ending the session at $44.79, with a gain of 0.81% or 0.36 points. The heightened volatility saw the trading volume jump to 19,77,891 shares. Company has a market cap of $11,583 M.

On the company’s financial health, Church & Dwight Co. reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Nov 3, 2016. Analyst had a consensus of $0.47. The company had revenue of $870.70 million for the quarter, compared to analysts expectations of $884.86 million. The company’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS.

Many Wall Street Analysts have commented on Church & Dwight Co.. Church & Dwight Co. was Resumed by Wells Fargo to “Market Perform” on Nov 15, 2016. Company shares were Reiterated by Stifel on Sep 16, 2016 to “Hold”, Firm has raised the Price Target to $ 50 from a previous price target of $48 .

Church & Dwight Co. Inc. develops manufactures and markets a range of household personal care and specialty products. The Company operates in three segments. The Consumer Domestic segment provides the power brands (ARM & HAMMER TROJAN OXICLEAN SPINBRUSH FIRST RESPONSE NAIR ORAJEL XTRA L’IL CRITTERS and VITAFUSION) and other household and personal care products such as SCRUB FREE KABOOM and ORANGE GLO cleaning products ANSWER home pregnancy and ovulation test kits ARRID antiperspirant and CLOSE-UP and AIM toothpastes. The Consumer International segment sells personal care products some of which use the same brands as the Company’s domestic product lines in International markets. The Specialty Products Division (SPD) is a producer of sodium bicarbonate which it sells together with other specialty inorganic chemicals for industrial institutional medical and food applications. SPD also sells a range of animal nutrition and specialty cleaning products.

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