Church & Dwight (NYSE:CHD) Price Target Cut to $82.00

Church & Dwight (NYSE:CHDGet Rating) had its target price lowered by Morgan Stanley from $86.00 to $82.00 in a research report sent to investors on Monday morning, MarketBeat Ratings reports. The firm currently has an underweight rating on the stock.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. increased their price objective on Church & Dwight from $84.00 to $86.00 in a research report on Thursday, July 21st. UBS Group lowered their price objective on Church & Dwight from $104.00 to $98.00 and set a neutral rating on the stock in a research report on Monday. Wells Fargo & Company increased their price objective on Church & Dwight from $95.00 to $100.00 and gave the stock an overweight rating in a research report on Tuesday, June 28th. Finally, Barclays lowered their price target on Church & Dwight from $81.00 to $77.00 and set an underweight rating on the stock in a research report on Monday, May 23rd. Four analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Church & Dwight has a consensus rating of Hold and a consensus target price of $94.79.

Church & Dwight Trading Down 0.7 %

NYSE:CHD opened at $86.97 on Monday. The company has a market cap of $21.13 billion, a P/E ratio of 27.61, a P/E/G ratio of 3.60 and a beta of 0.34. The stock’s fifty day moving average price is $90.45 and its two-hundred day moving average price is $95.89. Church & Dwight has a 1 year low of $80.34 and a 1 year high of $105.28. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.63.

Church & Dwight (NYSE:CHDGet Rating) last posted its earnings results on Friday, July 29th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.04. Church & Dwight had a return on equity of 21.89% and a net margin of 14.71%. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the business posted $0.76 earnings per share. The business’s quarterly revenue was up 4.2% on a year-over-year basis. As a group, analysts expect that Church & Dwight will post 3.02 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 15th will be paid a $0.2625 dividend. The ex-dividend date of this dividend is Friday, August 12th. This represents a $1.05 annualized dividend and a dividend yield of 1.21%. Church & Dwight’s payout ratio is presently 33.33%.

Insider Buying and Selling

In related news, Director Bradley C. Irwin sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, May 11th. The stock was sold at an average price of $97.86, for a total value of $685,020.00. Following the sale, the director now directly owns 41,636 shares of the company’s stock, valued at $4,074,498.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.70% of the stock is owned by insiders.

Institutional Trading of Church & Dwight

Several large investors have recently bought and sold shares of CHD. National Asset Management Inc. boosted its position in Church & Dwight by 3.2% during the 4th quarter. National Asset Management Inc. now owns 4,145 shares of the company’s stock valued at $426,000 after acquiring an additional 129 shares in the last quarter. Vestmark Advisory Solutions Inc. bought a new stake in Church & Dwight during the 4th quarter valued at approximately $283,000. Yousif Capital Management LLC bought a new stake in Church & Dwight during the 4th quarter valued at approximately $4,504,000. Dupont Capital Management Corp bought a new stake in Church & Dwight during the 4th quarter valued at approximately $96,000. Finally, CWM LLC purchased a new position in shares of Church & Dwight during the fourth quarter valued at approximately $76,000. 84.81% of the stock is owned by institutional investors.

About Church & Dwight

(Get Rating)

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates through 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; battery-operated and manual 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 replacement showerheads under the WATERPIK brand; FLAWLESS products; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand.

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