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Church & Dwight Co., Inc. (NYSE:CHD – Get Rating) has received an average rating of “Hold” from the eighteen analysts that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation , eight have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $84.64.
A number of equities research analysts have weighed in on CHD shares. Morgan Stanley upgraded shares of Church & Dwight from an “underweight” rating to an “equal weight” rating and set a $82.00 target price for the company in a research note on Monday, October 17th. StockNews.com started coverage on shares of Church & Dwight in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Credit Suisse Group decreased their target price on shares of Church & Dwight to $85.00 in a research note on Thursday, October 27th. Barclays cut their price objective on shares of Church & Dwight from $76.00 to $73.00 and set an “underweight” rating for the company in a research report on Wednesday, September 7th. Finally, Argus raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research report on Monday, November 7th.
Insiders Place Their Bets
In other news, EVP Rene Hemsey sold 5,000 shares of the stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $76.77, for a total value of $383,850.00. Following the completion of the transaction, the executive vice The president now owns 6,259 shares in the company, valued at approximately $480,503.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.70% of the stock is owned by insiders.
Institutional Investors Weigh In On Church & Dwight
Several hedge funds have recently modified their holdings of the stock. ProShare Advisors LLC boosted its holdings in Church & Dwight by 2,289.4% in the first quarter. ProShare Advisors LLC now owns 1,574,224 shares of the company’s stock worth $156,447,000 after purchasing an additional 1,508,341 shares during the period. Massachusetts Financial Services Co. MA raised its position in Church & Dwight by 20.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,413,438 shares of the company’s stock worth $594,270,000 after acquiring an additional 1,095,598 shares in the last quarter . Victory Capital Management Inc. raised its position in Church & Dwight by 264.7% in the second quarter. Victory Capital Management Inc. now owns 762,727 shares of the company’s stock worth $70,675,000 after acquiring an additional & quart Char in the l quart Char orgse 553,611 Co. raised its holdings in Church & Dwight by 138.8% during the 1st quarter. JPMorgan Chase & Co. now ow ns 885,081 shares of the company’s stock worth $87,958,000 after buying an additional 514,497 shares during the period. Finally, Vaughan Nelson Investment Management LP acquired a new stake in Church & Dwight during the 2nd quarter worth about $47,361,000. 82.59% of the stock is owned by institutional investors and hedge funds.
Church & Dwight Stock Performance
Church & Dwight stock opened at $75.23 on Friday. The stock’s 50 day simple moving average is $74.33 and its two-hundred day simple moving average is $84.59. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.61 and a current ratio of 1.08. The stock has a market cap of $18.35 billion, a price-to-earnings ratio of 25.16, a PEG ratio of 3.79 and a beta of 0.43. Church & Dwight has a fifty-two week low of $70.16 and a fifty-two week high of $105.28.
Church & Dwight (NYSE:CHD – Get Rating) last released its earnings results on Friday, October 28th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.11. Church & Dwight had a net margin of 13.88% and a return on equity of 21.23%. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the business earned $0.80 earnings periness shares. The bus revenue was up .4% on a year-over-year basis. As a group, analysts expect that Church & Dwight will post 2.95 earnings per share for the current fiscal year.
Church & Dwight Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Tuesday, November 15th will be paid a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis of and a 1.40%. The ex-dividend date is Monday, November 14th. Church & Dwight’s dividend payout ratio is currently 35.12%.
About Church & Dwight
(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 deodor 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 ter-operated brand; 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; VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and replacement showerheads under the WATERPIK brand; FLAWLESS produce ts; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand.
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