Church & Dwight Company, Inc. (CHD) Given Average Recommendation of “Hold” by Analysts

Church & Dwight Company, Inc. (CHD) Given Average Recommendation of “Hold” by Analysts

Shares of Church & Dwight Company, Inc. (NYSE:CHD) have received a consensus recommendation of “Hold” from the fourteen research firms that are currently covering the company. Four research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $47.82.

CHD has been the topic of a number of recent research reports. Zacks Investment Research cut shares of Church & Dwight Company from a “hold” rating to a “sell” rating in a research note on Wednesday, January 4th. Jefferies Group LLC restated a “buy” rating and set a $53.00 price target (down from $59.00) on shares of Church & Dwight Company in a research note on Monday, November 7th. Wells Fargo & Company restated a “market perform” rating on shares of Church & Dwight Company in a research note on Tuesday, November 15th. Deutsche Bank AG cut shares of Church & Dwight Company 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. Finally, Barclays PLC restated a “sell” rating and set a $38.00 price target on shares of Church & Dwight Company in a research note on Tuesday, January 10th.

In other Church & Dwight Company news, EVP Britta Bomhard bought 4,087 shares of Church & Dwight Company stock in a transaction that occurred on Monday, November 14th. The shares were bought at an average price of $43.97 per share, with a total value of $179,705.39. Following the acquisition, the executive vice president now owns 4,087 shares in the company, valued at $179,705.39. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Richard A. Dierker bought 1,000 shares of Church & Dwight Company stock in a transaction that occurred on Monday, November 21st. The shares were acquired at an average cost of $44.82 per share, for a total transaction of $44,820.00. Following the acquisition, the executive vice president now owns 5,200 shares in the company, valued at approximately $233,064. The disclosure for this purchase can be found here. Company insiders own 2.17% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. ING Groep NV raised its position in Church & Dwight Company by 50.7% in the second quarter. ING Groep NV now owns 4,517 shares of the company’s stock valued at $465,000 after buying an additional 1,519 shares in the last quarter. Advisory Services Network LLC raised its position in Church & Dwight Company by 3.9% in the second quarter. Advisory Services Network LLC now owns 2,107 shares of the company’s stock valued at $217,000 after buying an additional 80 shares in the last quarter. Huntington National Bank raised its position in Church & Dwight Company by 11.5% in the second quarter. Huntington National Bank now owns 340,928 shares of the company’s stock valued at $35,078,000 after buying an additional 35,138 shares in the last quarter. SOL Capital Management CO acquired a new position in Church & Dwight Company during the second quarter valued at approximately $206,000. Finally, Sumitomo Mitsui Asset Management Company LTD raised its position in Church & Dwight Company by 1.0% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 9,860 shares of the company’s stock valued at $1,014,000 after buying an additional 100 shares in the last quarter. 79.56% of the stock is currently owned by institutional investors.

Church & Dwight Company (NYSE:CHD) opened at 47.27 on Friday. Church & Dwight Company has a 52 week low of $42.42 and a 52 week high of $53.68. The company has a 50-day moving average of $44.94 and a 200-day moving average of $46.72. The company has a market capitalization of $12.22 billion, a PE ratio of 27.24 and a beta of 0.43.

Church & Dwight Company (NYSE:CHD) last released its earnings results on Tuesday, February 7th. The company reported $0.44 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.02. Church & Dwight Company had a net margin of 13.19% and a return on equity of 22.67%. The firm earned $896 million during the quarter, compared to the consensus estimate of $889.23 million. During the same period in the prior year, the firm earned $0.82 EPS. The company’s revenue was up 2.6% compared to the same quarter last year. On average, equities research analysts anticipate that Church & Dwight Company will post $1.76 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Tuesday, February 21st will be given a dividend of $0.19 per share. The ex-dividend date is Thursday, February 16th. This represents a $0.76 annualized dividend and a dividend yield of 1.61%. This is a boost from Church & Dwight Company’s previous quarterly dividend of $0.18. Church & Dwight Company’s dividend payout ratio (DPR) is 40.92%.

About Church & Dwight Company

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company operates in three segments: Consumer Domestic, which includes consumer products, as well as other household and personal care products; Consumer International, which markets a range of personal care products, household and over-the-counter products in international markets, and Specialty Products Division (SPD), a producer of sodium bicarbonate.

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