Zurcher Kantonalbank Zurich Cantonalbank Has $10.37 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Zurcher Kantonalbank Zurich Cantonalbank trimmed its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 8.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 99,074 shares of the company's stock after selling 9,306 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Church & Dwight were worth $10,374,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of CHD. Amundi lifted its position in shares of Church & Dwight by 13.7% in the 4th quarter. Amundi now owns 1,833,603 shares of the company's stock valued at $188,073,000 after acquiring an additional 220,829 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich lifted its holdings in shares of Church & Dwight by 7.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 12,214 shares of the company's stock valued at $1,411,000 after purchasing an additional 842 shares in the last quarter. West Family Investments Inc. boosted its position in shares of Church & Dwight by 45.9% in the fourth quarter. West Family Investments Inc. now owns 5,000 shares of the company's stock worth $524,000 after buying an additional 1,572 shares during the period. Callan Family Office LLC grew its holdings in shares of Church & Dwight by 119.3% during the fourth quarter. Callan Family Office LLC now owns 4,582 shares of the company's stock valued at $480,000 after buying an additional 2,493 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Church & Dwight in the 4th quarter worth about $76,565,000. 86.60% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Stifel Nicolaus increased their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. Barclays increased their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 4th. Royal Bank of Canada restated a "sector perform" rating and set a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. JPMorgan Chase & Co. cut their price objective on Church & Dwight from $107.00 to $106.00 and set an "underweight" rating for the company in a report on Friday, February 21st. Finally, Truist Financial boosted their target price on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $111.56.

Church & Dwight Stock Performance

Shares of Church & Dwight stock traded up $0.28 on Monday, reaching $109.38. The stock had a trading volume of 1,616,140 shares, compared to its average volume of 1,383,389. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The business's 50-day moving average price is $106.84 and its two-hundred day moving average price is $105.71. The stock has a market cap of $26.90 billion, a P/E ratio of 46.15, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting analysts' consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the business posted $0.65 earnings per share. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a $0.295 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.08%. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's dividend payout ratio (DPR) is 49.79%.

Insiders Place Their Bets

In related news, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president now owns 6,437 shares in the company, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction dated Monday, March 10th. The stock was 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 directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock valued at $7,538,449 in the last three months. Company insiders own 2.00% of the company's stock.

Church & Dwight Company 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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.