Church & Dwight (NYSE:CHD) Stock Rating Upgraded by Bank of America

Church & Dwight (NYSE:CHD) was upgraded by investment analysts at Bank of America from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday,Finviz reports. The brokerage currently has a $125.00 target price on the stock. Bank of America‘s price objective would indicate a potential upside of 18.36% from the stock’s current price.

Other analysts also recently issued reports about the stock. Barclays lowered their price objective on shares of Church & Dwight from $97.00 to $94.00 and set an “underweight” rating on the stock in a report on Friday. Stifel Nicolaus lifted their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research note on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. JPMorgan Chase & Co. lowered their target price on Church & Dwight from $106.00 to $98.00 and set an “underweight” rating on the stock in a research report on Friday. Finally, Wells Fargo & Company raised their price target on Church & Dwight from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, April 2nd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $112.75.

Church & Dwight Trading Up 1.2 %

Shares of NYSE:CHD opened at $105.61 on Tuesday. The firm has a market cap of $25.99 billion, a price-to-earnings ratio of 44.56, a PEG ratio of 3.32 and a beta of 0.55. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight has a 12 month low of $96.35 and a 12 month high of $116.46. The company’s fifty day simple moving average is $107.25 and its 200 day simple moving average is $106.10.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter in the previous year, the company earned $0.65 earnings per share. As a group, research analysts forecast that Church & Dwight will post 3.7 EPS for the current fiscal year.

Insiders Place Their Bets

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the transaction, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. This trade represents a 63.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 over the last three months. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Church & Dwight

Hedge funds have recently added to or reduced their stakes in the stock. Lake Street Advisors Group LLC lifted its stake in Church & Dwight by 3.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock valued at $282,000 after acquiring an additional 97 shares in the last quarter. Advisory Alpha LLC lifted its position in shares of Church & Dwight by 3.7% during the first quarter. Advisory Alpha LLC now owns 2,707 shares of the company’s stock valued at $298,000 after purchasing an additional 97 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Church & Dwight by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after purchasing an additional 103 shares during the last quarter. Whittier Trust Co. grew its position in Church & Dwight by 3.2% in the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after purchasing an additional 103 shares in the last quarter. Finally, HCR Wealth Advisors grew its position in Church & Dwight by 0.9% in the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after purchasing an additional 106 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Company Profile

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.