Church & Dwight (NYSE:CHD) Given New $104.00 Price Target at Bank of America

Church & Dwight (NYSE:CHD - Get Free Report) had its target price upped by stock analysts at Bank of America from $100.00 to $104.00 in a report released on Monday, Benzinga reports. The firm currently has a "neutral" rating on the stock. Bank of America's price target points to a potential upside of 2.33% from the stock's current price.

Other equities research analysts have also recently issued reports about the company. Royal Bank of Canada lifted their target price on Church & Dwight from $94.00 to $103.00 and gave the stock a "sector perform" rating in a report on Monday, February 5th. Argus raised Church & Dwight from a "hold" rating to a "buy" rating and set a $115.00 price objective on the stock in a report on Friday, February 23rd. JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $87.00 to $95.00 and gave the company an "underweight" rating in a report on Thursday, January 18th. The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a "buy" rating and a $110.00 target price on the stock. Finally, TheStreet upgraded Church & Dwight from a "c+" rating to a "b" rating in a research report on Friday, February 2nd. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and an average price target of $103.27.

Church & Dwight Stock Performance

Shares of NYSE CHD traded up $0.55 during midday trading on Monday, hitting $101.63. 1,218,473 shares of the company's stock traded hands, compared to its average volume of 1,295,166. The firm has a fifty day moving average of $101.69 and a 200 day moving average of $96.16. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08. The stock has a market capitalization of $24.79 billion, a price-to-earnings ratio of 33.36, a price-to-earnings-growth ratio of 3.48 and a beta of 0.53. Church & Dwight has a 1 year low of $82.25 and a 1 year high of $105.67.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the business earned $0.62 earnings per share. The business's revenue was up 6.4% on a year-over-year basis. On average, analysts forecast that Church & Dwight will post 3.44 earnings per share for the current year.

Insider Transactions at Church & Dwight

In related news, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the sale, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, Director Bradley C. Irwin sold 5,590 shares of the company's stock in a transaction on Monday, March 11th. The stock was sold at an average price of $104.12, for a total transaction of $582,030.80. Following the sale, the director now owns 37,169 shares of the company's stock, valued at $3,870,036.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the transaction, the executive vice president now owns 4,319 shares of the company's stock, valued at $451,551.45. The disclosure for this sale can be found here. Insiders have sold a total of 373,052 shares of company stock valued at $38,603,796 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Church & Dwight

A number of hedge funds have recently bought and sold shares of CHD. Chilton Capital Management LLC increased its holdings in Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company's stock valued at $31,000 after buying an additional 110 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of Church & Dwight by 14.7% during the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company's stock worth $87,000 after acquiring an additional 113 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in Church & Dwight by 2.4% during the first quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company's stock worth $516,000 after purchasing an additional 117 shares during the last quarter. Gateway Advisory LLC increased its stake in Church & Dwight by 4.4% in the third quarter. Gateway Advisory LLC now owns 2,855 shares of the company's stock valued at $262,000 after purchasing an additional 120 shares during the last quarter. Finally, Sovereign Financial Group Inc. raised its holdings in Church & Dwight by 0.7% during the first quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company's stock worth $1,819,000 after purchasing an additional 120 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

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.