Schroder Investment Management Group lifted its position in shares of Edgewell Personal Care Co (NYSE:EPC – Free Report) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,067 shares of the company’s stock after acquiring an additional 800 shares during the quarter. Schroder Investment Management Group owned 0.05% of Edgewell Personal Care worth $889,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. R Squared Ltd purchased a new stake in Edgewell Personal Care during the fourth quarter worth $36,000. Wolverine Asset Management LLC boosted its position in shares of Edgewell Personal Care by 217.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock worth $39,000 after buying an additional 800 shares in the last quarter. KBC Group NV grew its stake in Edgewell Personal Care by 56.5% in the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock valued at $77,000 after acquiring an additional 823 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in Edgewell Personal Care by 33.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after acquiring an additional 693 shares in the last quarter. Finally, Blue Trust Inc. raised its position in Edgewell Personal Care by 18.7% during the fourth quarter. Blue Trust Inc. now owns 3,200 shares of the company’s stock worth $116,000 after acquiring an additional 503 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on EPC shares. StockNews.com cut shares of Edgewell Personal Care from a “hold” rating to a “sell” rating in a research note on Saturday, March 29th. Barclays dropped their price target on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. Wells Fargo & Company reduced their price objective on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 11th. Canaccord Genuity Group dropped their price objective on 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, Morgan Stanley decreased their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Edgewell Personal Care presently has a consensus rating of “Hold” and a consensus price target of $36.57.
Edgewell Personal Care Stock Down 5.7 %
EPC opened at $27.98 on Tuesday. Edgewell Personal Care Co has a 12 month low of $26.65 and a 12 month high of $41.50. The business has a 50-day moving average of $30.82 and a two-hundred day moving average of $33.48. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 15.29 and a beta of 0.94.
Edgewell Personal Care (NYSE:EPC – Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate 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 expect that Edgewell Personal Care Co will post 3.16 earnings per share for the current year.
Edgewell Personal Care Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 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.
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