Church & Dwight Company, Inc. (CHD) Stock Rating Reaffirmed by KeyCorp

Church & Dwight Company, Inc. (NYSE:CHD)‘s stock had its “hold” rating reissued by analysts at KeyCorp in a note issued to investors on Friday.

A number of other brokerages have also commented on CHD. Zacks Investment Research upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a research report on Wednesday, June 7th. BidaskClub upgraded Church & Dwight from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $45.00 price objective on shares of Church & Dwight in a research report on Friday, May 5th. UBS AG reiterated a “sell” rating and issued a $48.00 price objective (up from $46.00) on shares of Church & Dwight in a research report on Tuesday, July 18th. Finally, Barclays PLC set a $49.00 price objective on Church & Dwight and gave the stock a “sell” rating in a research report on Sunday, August 6th. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $51.07.

Shares of Church & Dwight (NYSE:CHD) opened at 49.74 on Friday. The firm has a market cap of $12.41 billion, a PE ratio of 29.41 and a beta of 0.57. Church & Dwight has a 52 week low of $42.56 and a 52 week high of $54.18. The company has a 50 day moving average of $51.57 and a 200 day moving average of $50.83.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.41 EPS for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.02. The firm had revenue of $898 million during the quarter, compared to analyst estimates of $903.87 million. Church & Dwight had a return on equity of 24.21% and a net margin of 12.39%. The company’s revenue was up 2.3% on a year-over-year basis. During the same period last year, the company earned $0.85 earnings per share. On average, equities research analysts anticipate that Church & Dwight will post $1.93 EPS for the current fiscal year.

In related news, Director Robert D. Leblanc sold 9,718 shares of Church & Dwight stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $49.84, for a total value of $484,345.12. Following the sale, the director now owns 56,497 shares of the company’s stock, valued at approximately $2,815,810.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Steven P. Cugine sold 177,940 shares of Church & Dwight stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $50.30, for a total value of $8,950,382.00. Following the completion of the sale, the executive vice president now directly owns 46,348 shares in the company, valued at approximately $2,331,304.40. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sumitomo Mitsui Asset Management Company LTD raised its position in Church & Dwight by 12.8% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 21,893 shares of the company’s stock valued at $1,091,000 after buying an additional 2,485 shares during the period. Palisade Asset Management LLC raised its position in Church & Dwight by 24.2% in the first quarter. Palisade Asset Management LLC now owns 7,700 shares of the company’s stock valued at $384,000 after buying an additional 1,500 shares during the period. Cullen Frost Bankers Inc. raised its position in Church & Dwight by 242.9% in the first quarter. Cullen Frost Bankers Inc. now owns 18,070 shares of the company’s stock valued at $901,000 after buying an additional 12,800 shares during the period. Conning Inc. raised its position in Church & Dwight by 0.7% in the first quarter. Conning Inc. now owns 6,190 shares of the company’s stock valued at $309,000 after buying an additional 40 shares during the period. Finally, Welch & Forbes LLC raised its position in Church & Dwight by 5.6% in the first quarter. Welch & Forbes LLC now owns 372,409 shares of the company’s stock valued at $18,572,000 after buying an additional 19,711 shares during the period. 80.62% 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 a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.