Church & Dwight Co., Inc. (CHD) Formed Double Top; Buyers Could Thrive

September 17, 2017 - By Marie Mckinney

Investors sentiment increased to 0.84 in Q4 2016. Its up 0.02, from 0.82 in 2016Q3. It increased, as 59 investors sold Church & Dwight Co., Inc. shares while 232 reduced holdings. 57 funds opened positions while 187 raised stakes. 199.48 million shares or 49.74% less from 396.89 million shares in 2016Q3 were reported.
Coastline Tru Company holds 0.16% or 19,000 shares in its portfolio. Carnegie Cap Asset Management Limited Company holds 152,359 shares. Suntrust Banks accumulated 50,625 shares. Patten Group Inc Inc holds 3,270 shares. Martingale Asset Limited Partnership holds 0.06% of its portfolio in Church & Dwight Co., Inc. (NYSE:CHD) for 89,237 shares. Voya Investment Mngmt Lc accumulated 5.30M shares. Grantham Mayo Van Otterloo And Comm Ltd Liability Company invested in 0% or 11,745 shares. Endurance Wealth reported 0.91% in Church & Dwight Co., Inc. (NYSE:CHD). Bnp Paribas Arbitrage Sa accumulated 90,588 shares. The New York-based State Teachers Retirement has invested 0.06% in Church & Dwight Co., Inc. (NYSE:CHD). Tdam Usa Inc has 0.05% invested in Church & Dwight Co., Inc. (NYSE:CHD). Trillium Asset Lc holds 0.32% of its portfolio in Church & Dwight Co., Inc. (NYSE:CHD) for 108,941 shares. The Pennsylvania-based Janney Montgomery Scott Llc has invested 0.09% in Church & Dwight Co., Inc. (NYSE:CHD). Security stated it has 1,180 shares. Renaissance Technology Limited Liability, a New York-based fund reported 64,400 shares.

The chart of Church & Dwight Co., Inc. (CHD) shows a double top with $54.46 target or 8.00 % above today’s $50.43 share price. The 5 months chart pattern indicates low risk for the $12.58 billion company. It was reported on Sep, 17 by Finviz.com. If the $54.46 price target is reached, the company will be worth $1.01B more. Double tops are rare but powerful chart patterns.

The stock increased 1.58% or $0.78 on September 15, reaching $50.43. About 2.64 million shares traded or 97.01% up from the average. Church & Dwight Co., Inc. (NYSE:CHD) has risen 0.39% since September 17, 2016 and is uptrending. It has underperformed by 16.31% the S&P500.

Analysts expect Church & Dwight Co., Inc. (NYSE:CHD) to report $0.46 EPS on November, 2.They anticipate $0.01 EPS change or 2.13 % from last quarter’s $0.47 EPS. CHD’s profit would be $114.75M giving it 27.41 P/E if the $0.46 EPS is correct. After having $0.41 EPS previously, Church & Dwight Co., Inc.’s analysts see 12.20 % EPS growth.

Church & Dwight Co., Inc. (NYSE:CHD) Ratings Coverage

Among 19 analysts covering Church & Dwight (NYSE:CHD), 2 have Buy rating, 5 Sell and 12 Hold. Therefore 11% are positive. Church & Dwight had 38 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank maintained Church & Dwight Co., Inc. (NYSE:CHD) on Friday, August 5 with “Buy” rating. The rating was downgraded by Goldman Sachs on Wednesday, January 13 to “Sell”. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, August 23. BMO Capital Markets initiated the shares of CHD in report on Friday, December 16 with “Market Perform” rating. Sterne Agee CRT initiated the shares of CHD in report on Tuesday, July 21 with “Neutral” rating. As per Friday, August 5, the company rating was maintained by Citigroup. The stock has “Buy” rating by Jefferies on Tuesday, June 13. On Thursday, April 13 the stock rating was maintained by Jefferies with “Buy”. The company was downgraded on Wednesday, January 18 by Deutsche Bank. On Thursday, July 6 the stock rating was maintained by Jefferies with “Buy”.

More news for Church & Dwight Co., Inc. (NYSE:CHD) were recently published by: Seekingalpha.com, which released: “Companies eyeing Teva’s women’s health assets – Bloomberg” on August 22, 2017. Nasdaq.com‘s article titled: “Why Is Church & Dwight (CHD) Down 3% Since the Last Earnings Report?” and published on September 05, 2017 is yet another important article.

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