Canada Post Corp Registered Pension Plan Makes New Investment in Church & Dwight Co., Inc. (NYSE:CHD)

Canada Post Corp Registered Pension Plan acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 45,083 shares of the company's stock, valued at approximately $4,721,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. YANKCOM Partnership acquired a new stake in shares of Church & Dwight during the 4th quarter valued at about $25,000. Versant Capital Management Inc raised its position in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after acquiring an additional 184 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in Church & Dwight in the fourth quarter valued at approximately $39,000. Bernard Wealth Management Corp. acquired a new position in shares of Church & Dwight during the 4th quarter worth $40,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of Church & Dwight during the 4th quarter valued at $43,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Price Performance

Shares of NYSE CHD traded up $2.36 during mid-day trading on Friday, hitting $105.32. 1,703,949 shares of the stock traded hands, compared to its average volume of 1,514,386. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The firm has a 50 day simple moving average of $107.23 and a two-hundred day simple moving average of $106.08. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company has a market cap of $25.92 billion, a PE ratio of 44.44, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting 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 period in the prior year, the company earned $0.65 earnings per share. As a group, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.12%. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. Church & Dwight's dividend payout ratio is presently 49.79%.

Analysts Set New Price Targets

CHD has been the subject of a number of recent research reports. Royal Bank of Canada reiterated a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a report on Monday, February 3rd. Barclays decreased their price target on Church & Dwight from $97.00 to $94.00 and set an "underweight" rating for the company in a research note on Friday, April 11th. Wells Fargo & Company raised their price objective on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research note on Wednesday, April 2nd. Piper Sandler decreased their target price on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a report on Friday, April 11th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and an average target price of $112.59.

Insider Buying and Selling

In related news, EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value 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. The trade was a 63.21 % decrease in their ownership of the stock. 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 company's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares in the company, 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 a total of 65,570 shares of company stock valued at $7,538,449 in the last three months. Insiders own 1.20% of the company's stock.

Church & Dwight 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.