Yousif Capital Management LLC Cuts Stake in Edgewell Personal Care Co (NYSE:EPC)

Yousif Capital Management LLC lowered its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,582 shares of the company’s stock after selling 605 shares during the period. Yousif Capital Management LLC’s holdings in Edgewell Personal Care were worth $624,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC acquired a new stake in Edgewell Personal Care in the third quarter worth about $6,128,000. Chartwell Investment Partners LLC boosted its holdings in Edgewell Personal Care by 54.3% in the third quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock worth $7,670,000 after acquiring an additional 74,315 shares in the last quarter. Intech Investment Management LLC acquired a new stake in Edgewell Personal Care in the third quarter worth about $639,000. Barclays PLC boosted its holdings in Edgewell Personal Care by 563.6% in the third quarter. Barclays PLC now owns 148,553 shares of the company’s stock worth $5,400,000 after acquiring an additional 126,168 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Edgewell Personal Care by 6.2% in the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock worth $24,345,000 after acquiring an additional 39,059 shares in the last quarter. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Stock Up 0.3 %

Shares of EPC stock opened at $29.81 on Monday. The stock has a 50 day moving average of $33.13 and a 200 day moving average of $35.42. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. The stock has a market cap of $1.45 billion, a P/E ratio of 15.21 and a beta of 0.88. Edgewell Personal Care Co has a twelve month low of $26.65 and a twelve month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. As a group, sell-side analysts expect that Edgewell Personal Care Co will post 3.19 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.01%. The ex-dividend date is Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio is currently 30.61%.

Analyst Ratings Changes

EPC has been the subject of several recent analyst reports. Morgan Stanley lowered their price target on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a report on Tuesday, February 11th. Canaccord Genuity Group lowered their price target on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. Barclays decreased their target price on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, February 11th. Wells Fargo & Company decreased their target price on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, February 11th. Finally, UBS Group decreased their target price on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $36.57.

Edgewell Personal Care Profile

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.