Stifel Nicolaus Cuts Church & Dwight (NYSE:CHD) Price Target to $103.00

Church & Dwight (NYSE:CHD - Free Report) had its price objective trimmed by Stifel Nicolaus from $105.00 to $103.00 in a research report released on Friday morning,Benzinga reports. The firm currently has a hold rating on the stock.

A number of other equities research analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Barclays upped their price target on Church & Dwight from $85.00 to $90.00 and gave the company an "underweight" rating in a research report on Friday. TD Cowen upped their price target on Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research report on Monday, November 4th. JPMorgan Chase & Co. upped their price target on Church & Dwight from $99.00 to $107.00 and gave the company an "underweight" rating in a research report on Thursday. Finally, Wells Fargo & Company upped their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and an average target price of $110.61.

Church & Dwight Trading Up 0.1 %

Shares of Church & Dwight stock traded up $0.15 on Friday, reaching $106.42. 1,712,775 shares of the company were exchanged, compared to its average volume of 1,135,106. The stock has a fifty day moving average price of $106.86 and a 200-day moving average price of $104.06. The firm has a market capitalization of $26.07 billion, a price-to-earnings ratio of 47.72, a price-to-earnings-growth ratio of 3.12 and a beta of 0.58. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. Church & Dwight has a fifty-two week low of $96.09 and a fifty-two week high of $113.50.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. Church & Dwight's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.74 earnings per share. On average, analysts expect that Church & Dwight will post 3.44 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a dividend of $0.2838 per share. The ex-dividend date was Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.07%. Church & Dwight's dividend payout ratio (DPR) is presently 50.67%.

Insider Activity at Church & Dwight

In related news, CEO Matthew Farrell sold 165,823 shares of the stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the completion of the sale, the chief executive officer now owns 112,719 shares in the company, valued at $11,613,438.57. This represents a 59.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now owns 400 shares of the company's stock, valued at approximately $44,976. The trade was a 95.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 593,035 shares of company stock worth $62,282,808 in the last 90 days. 1.40% of the stock is owned by company insiders.

Institutional Trading of Church & Dwight

Hedge funds have recently modified their holdings of the company. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight in the 3rd quarter worth approximately $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Church & Dwight in the 3rd quarter worth approximately $28,000. Versant Capital Management Inc raised its holdings in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after buying an additional 184 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight in the 2nd quarter worth approximately $33,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Church & Dwight in the 2nd quarter worth approximately $46,000. Institutional investors 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.