Traders Are Bullish Church & Dwight Co., Inc. (CHD) After The Stock Formed Bullish Double Top

September 17, 2017 - By Richard Conner

Investors sentiment increased to 0.84 in 2016 Q4. 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.
Ronald Blue Commerce Limited Liability Corporation holds 79,439 shares. Hillsdale Inv Mngmt Inc invested 0% in Church & Dwight Co., Inc. (NYSE:CHD). Dorsey Whitney Tru Co Ltd Com has invested 0.29% of its portfolio in Church & Dwight Co., Inc. (NYSE:CHD). Haverford Trust holds 0.02% in Church & Dwight Co., Inc. (NYSE:CHD) or 15,150 shares. Us Bancorporation De reported 0.03% of its portfolio in Church & Dwight Co., Inc. (NYSE:CHD). Cantab Llp has 0% invested in Church & Dwight Co., Inc. (NYSE:CHD). Price T Rowe Associates Md invested in 0.01% or 929,608 shares. Pacad accumulated 25,343 shares or 0.14% of the stock. Trillium Asset Mgmt Ltd Company holds 108,941 shares or 0.32% of its portfolio. Dimensional Fund Advisors Ltd Partnership holds 0.02% or 845,647 shares. Fmr Lc has invested 0.01% of its portfolio in Church & Dwight Co., Inc. (NYSE:CHD). Massachusetts Financial Svcs Company Ma holds 0.03% in Church & Dwight Co., Inc. (NYSE:CHD) or 1.24 million shares. Sei Invs Co has 0.02% invested in Church & Dwight Co., Inc. (NYSE:CHD) for 114,845 shares. Edge Wealth Mngmt Limited Co accumulated 50 shares. Natixis Asset Mngmt owns 0.76% invested in Church & Dwight Co., Inc. (NYSE:CHD) for 182,665 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 2.64M 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.

Investors wait Church & Dwight Co., Inc. (NYSE:CHD) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.46 earnings per share, down $0.01 or 2.13 % from last year’s $0.47 same quarter earnings. This translates into $114.75 million profit for CHD giving the stock a 27.41 P/E. This is assuming the current $0.46 EPS is accurate. Church & Dwight Co., Inc.’s Wall Street analysts see 12.20 % EPS growth, taking into account the $0.41 EPS reproted in the previous quarter,

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. On Wednesday, August 23 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The rating was maintained by Jefferies with “Buy” on Thursday, April 13. Jefferies maintained it with “Buy” rating and $6300 target in Monday, July 17 report. As per Friday, June 23, the company rating was maintained by Stifel Nicolaus. Jefferies maintained the stock with “Buy” rating in Tuesday, June 13 report. UBS downgraded Church & Dwight Co., Inc. (NYSE:CHD) rating on Friday, September 11. UBS has “Sell” rating and $78 target. The stock of Church & Dwight Co., Inc. (NYSE:CHD) earned “Hold” rating by Deutsche Bank on Wednesday, January 18. The firm has “Buy” rating by Jefferies given on Tuesday, August 22. The stock has “Hold” rating by Stifel Nicolaus on Friday, September 16. The firm has “Sell” rating by UBS given on Friday, August 5.

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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