New York State Teachers Retirement System Trims Stock Position in Edgewell Personal Care Co (NYSE:EPC)

New York State Teachers Retirement System cut its stake in Edgewell Personal Care Co (NYSE:EPC) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,700 shares of the company’s stock after selling 3,718 shares during the period. New York State Teachers Retirement System’s holdings in Edgewell Personal Care were worth $2,678,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EPC. Empowered Funds LLC purchased a new stake in shares of Edgewell Personal Care in the third quarter valued at about $6,128,000. Chartwell Investment Partners LLC raised its holdings in shares of Edgewell Personal Care by 54.3% in the third quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock valued at $7,670,000 after buying an additional 74,315 shares during the last quarter. Intech Investment Management LLC purchased a new stake in shares of Edgewell Personal Care in the third quarter valued at about $639,000. Barclays PLC raised its holdings in shares of Edgewell Personal Care by 563.6% in the third quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after buying an additional 126,168 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Edgewell Personal Care by 6.2% in the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock valued at $24,345,000 after buying an additional 39,059 shares during the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on EPC. Barclays reduced their target price on shares of 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 reduced their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th. UBS Group reduced their price objective on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Canaccord Genuity Group reduced their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, February 11th. Finally, Royal Bank of Canada reduced their price objective on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $36.57.

Edgewell Personal Care Trading Up 1.3 %

Shares of Edgewell Personal Care stock opened at $30.81 on Friday. Edgewell Personal Care Co has a 12-month low of $26.65 and a 12-month high of $41.50. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. The stock has a market cap of $1.49 billion, a PE ratio of 16.83 and a beta of 0.88. The company has a 50-day moving average of $32.57 and a two-hundred day moving average of $35.17.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. On average, research analysts anticipate that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a yield of 1.95%. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 32.79%.

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.