StockNews.com Begins Coverage on Church & Dwight (NYSE:CHD)

StockNews.com began coverage on shares of Church & Dwight (NYSE:CHD – Get Rating) in a report released on Thursday. The firm set a “sell” rating on the stock.

CHD has been the subject of a number of other reports. Argus cut shares of Church & Dwight from a “buy” rating to a “hold” rating in a research report on Monday, February 13th. Wells Fargo & Company lifted their price target on shares of Church & Dwight from $82.00 to $90.00 and gave the company an “overweight” rating in a research report on Tuesday, January 3rd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Church & Dwight from $90.00 to $91.00 and gave the company a “buy” rating in a research report on Monday, February 6th. Citigroup started coverage on shares of Church & Dwight in a research report on Thursday, February 16th. They set a “neutral” rating and a $85.00 price target for the company. Finally, Credit Suisse Group raised shares of Church & Dwight from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $85.00 to $95.00 in a research report on Tuesday, January 17th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $87.81.

Church & Dwight Trading Up 1.7 %

NYSE:CHD opened at $86.19 on Thursday. The company has a 50-day moving average price of $82.89 and a 200-day moving average price of $79.38. Church & Dwight has a 12 month low of $70.16 and a 12 month high of $105.28. The company has a current ratio of 1.18, a quick ratio of 0.63 and a debt-to-equity ratio of 0.74. The stock has a market cap of $21.03 billion, a price-to-earnings ratio of 51.30, a P/E/G ratio of 3.57 and a beta of 0.45.

Church & Dwight (NYSE:CHD – Get Rating) last posted its earnings results on Friday, February 3rd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. Church & Dwight had a net margin of 7.70% and a return on equity of 20.70%. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the company posted $0.64 EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. Equities analysts predict that Church & Dwight will post 3.08 EPS for the current year.

Insider Transactions at Church & Dwight

In other news, EVP Paul Richard Wood sold 48,262 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 8th. The shares were sold at an average price of $83.37, for a total value of $4,023,602.94. Following the completion of the sale, the executive vice president now directly owns 120 shares in the company, valued at $10,004.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Paul Richard Wood sold 48,262 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 8th. The shares were sold at an average price of $83.37, for a total value of $4,023,602.94. Following the completion of the sale, the executive vice president now directly owns 120 shares in the company, valued at $10,004.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 17,544 shares of Church & Dwight stock in a transaction that occurred on Friday, March 10th. The stock was sold at an average price of $84.00, for a total transaction of $1,473,696.00. Following the completion of the sale, the director now owns 33,835 shares of the company’s stock, valued at $2,842,140. The disclosure for this sale can be found here. Insiders sold 83,350 shares of company stock worth $6,969,241 over the last three months. 1.70% of the stock is currently owned by company insiders.

Institutional Trading of Church & Dwight

Large investors have recently added to or reduced their stakes in the business. Barclays PLC grew its position in Church & Dwight by 12.2% during the third quarter. Barclays PLC now owns 630,391 shares of the company’s stock valued at $45,033,000 after buying an additional 68,726 shares during the period. Neo Ivy Capital Management purchased a new position in Church & Dwight during the third quarter valued at approximately $243,000. ExodusPoint Capital Management LP lifted its holdings in Church & Dwight by 4,312.9% during the third quarter. ExodusPoint Capital Management LP now owns 149,994 shares of the company’s stock valued at $10,716,000 after purchasing an additional 146,595 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Church & Dwight by 10.2% during the third quarter. Nisa Investment Advisors LLC now owns 67,037 shares of the company’s stock valued at $4,809,000 after purchasing an additional 6,190 shares in the last quarter. Finally, Brown Advisory Inc. lifted its holdings in Church & Dwight by 11.2% during the second quarter. Brown Advisory Inc. now owns 105,127 shares of the company’s stock valued at $9,741,000 after purchasing an additional 10,573 shares in the last quarter. 80.86% of the stock is currently owned by institutional investors.

Church & Dwight Company Profile

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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.