Church & Dwight (NYSE:CHD) Coverage Initiated at BNP Paribas

BNP Paribas started coverage on shares of Church & Dwight (NYSE:CHD) in a research note released on Monday morning, MarketBeat reports. The brokerage issued a neutral rating and a $114.00 target price on the stock.

Several other research firms also recently weighed in on CHD. Bank of America upped their price target on Church & Dwight from $100.00 to $104.00 and gave the stock a neutral rating in a research note on Monday, April 15th. Deutsche Bank Aktiengesellschaft upped their price target on Church & Dwight from $109.00 to $112.00 and gave the stock a buy rating in a research note on Monday, April 22nd. Barclays dropped their price target on Church & Dwight from $83.00 to $82.00 and set an underweight rating for the company in a research note on Monday, May 6th. The Goldman Sachs Group began coverage on Church & Dwight in a research note on Friday, March 1st. They issued a buy rating and a $110.00 price target for the company. Finally, JPMorgan Chase & Co. lowered their target price on Church & Dwight from $98.00 to $97.00 and set an underweight rating for the company in a research report on Friday, May 3rd. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of Hold and an average price target of $106.65.

Church & Dwight Trading Down 0.5 %

Shares of NYSE:CHD opened at $103.97 on Monday. The stock has a 50 day moving average of $106.79 and a 200 day moving average of $101.82. The company has a market cap of $25.42 billion, a PE ratio of 33.05, a price-to-earnings-growth ratio of 3.42 and a beta of 0.51. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $110.31.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.85 EPS. As a group, equities research analysts expect that Church & Dwight will post 3.46 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were issued a dividend of $0.2838 per share. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.09%. Church & Dwight’s payout ratio is presently 35.87%.

Insiders Place Their Bets

In other Church & Dwight news, CFO Richard A. Dierker sold 86,740 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $106.56, for a total value of $9,243,014.40. Following the sale, the chief financial officer now owns 7,634 shares in the company, valued at $813,479.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Church & Dwight news, CFO Richard A. Dierker sold 86,740 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $106.56, for a total value of $9,243,014.40. Following the sale, the chief financial officer now owns 7,634 shares in the company, valued at $813,479.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the sale, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,104,775. The disclosure for this sale can be found here. Insiders have sold a total of 182,346 shares of company stock worth $19,465,948 over the last quarter. Company insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Church & Dwight

Institutional investors have recently made changes to their positions in the company. Game Plan Financial Advisors LLC purchased a new position in shares of Church & Dwight during the first quarter valued at $26,000. Crewe Advisors LLC purchased a new position in shares of Church & Dwight during the first quarter valued at $28,000. Roble Belko & Company Inc purchased a new position in shares of Church & Dwight during the first quarter valued at $31,000. Chilton Capital Management LLC increased its stake in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after buying an additional 110 shares during the period. Finally, Creekmur Asset Management LLC purchased a new position in shares of Church & Dwight during the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Company 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 cat litters, carpet deodorizers, laundry detergents, 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 brand; 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; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.