Church & Dwight (NYSE:CHD) Given New $112.00 Price Target at Deutsche Bank Aktiengesellschaft

Church & Dwight (NYSE:CHD) had its target price upped by Deutsche Bank Aktiengesellschaft from $109.00 to $112.00 in a report published on Monday morning, Benzinga reports. They currently have a buy rating on the stock.

A number of other analysts have also recently commented on the company. Oppenheimer upped their price objective on Church & Dwight from $107.00 to $110.00 and gave the company an outperform rating in a research report on Monday, February 5th. JPMorgan Chase & Co. upped their price objective on Church & Dwight from $87.00 to $95.00 and gave the company an underweight rating in a research report on Thursday, January 18th. Barclays boosted their price target on Church & Dwight from $80.00 to $83.00 and gave the company an underweight rating in a report on Friday, April 12th. TheStreet raised Church & Dwight from a c+ rating to a b rating in a report on Friday, February 2nd. Finally, UBS Group upped their price objective on Church & Dwight from $99.00 to $105.00 and gave the stock a neutral rating in a research note on Monday, February 5th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight currently has an average rating of Hold and an average price target of $103.40.

Church & Dwight Stock Up 1.5 %

CHD stock opened at $105.95 on Monday. Church & Dwight has a 1-year low of $82.25 and a 1-year high of $106.62. The business has a fifty day moving average price of $102.16 and a 200-day moving average price of $96.68. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. The stock has a market capitalization of $25.84 billion, a P/E ratio of 34.85, a P/E/G ratio of 3.46 and a beta of 0.53.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting analysts’ consensus estimates of $0.65. The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. Church & Dwight’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.62 earnings per share. Equities analysts forecast that Church & Dwight will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were paid a dividend of $0.2838 per share. The ex-dividend date was Wednesday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight’s dividend payout ratio is presently 37.17%.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 373,052 shares of company stock valued at $38,603,796. Insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

Hedge funds and other institutional investors have recently modified their holdings of the business. Game Plan Financial Advisors LLC bought a new position in Church & Dwight in the first quarter worth approximately $26,000. Chilton Capital Management LLC grew its stake in Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares in the last quarter. Roble Belko & Company Inc bought a new position in Church & Dwight in the first quarter worth approximately $31,000. Creekmur Asset Management LLC bought a new position in Church & Dwight in the fourth quarter worth approximately $32,000. Finally, Annapolis Financial Services LLC grew its stake in Church & Dwight by 2,087.5% in the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after purchasing an additional 334 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

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.