Barclays PLC Sells 38,434 Shares of Edgewell Personal Care Co (NYSE:EPC)

Barclays PLC lessened its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 25.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,119 shares of the company’s stock after selling 38,434 shares during the quarter. Barclays PLC owned about 0.23% of Edgewell Personal Care worth $3,699,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Edgewell Personal Care by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company’s stock valued at $194,875,000 after buying an additional 24,850 shares in the last quarter. American Century Companies Inc. grew its holdings in Edgewell Personal Care by 2.0% during the 4th quarter. American Century Companies Inc. now owns 3,222,739 shares of the company’s stock valued at $108,284,000 after buying an additional 64,257 shares in the last quarter. Brandes Investment Partners LP grew its holdings in Edgewell Personal Care by 21.1% during the 4th quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company’s stock valued at $68,600,000 after buying an additional 355,224 shares in the last quarter. LSV Asset Management grew its holdings in Edgewell Personal Care by 6.8% during the 4th quarter. LSV Asset Management now owns 1,166,152 shares of the company’s stock valued at $39,183,000 after buying an additional 74,231 shares in the last quarter. Finally, William Blair Investment Management LLC grew its holdings in Edgewell Personal Care by 40.5% during the 4th quarter. William Blair Investment Management LLC now owns 878,390 shares of the company’s stock valued at $29,514,000 after buying an additional 253,014 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Trading Up 0.2 %

Shares of NYSE EPC opened at $30.88 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. The business has a fifty day simple moving average of $30.34 and a two-hundred day simple moving average of $32.83. The firm has a market cap of $1.49 billion, a PE ratio of 16.87 and a beta of 0.94. 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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. Analysts expect that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.60 annualized dividend and a yield of 1.94%. Edgewell Personal Care’s dividend payout ratio (DPR) is 32.79%.

Analysts Set New Price Targets

EPC has been the subject of a number of recent research reports. Barclays dropped their target price on Edgewell Personal Care from $30.00 to $28.00 and set an “equal weight” rating for the company in a report on Friday, April 11th. Morgan Stanley dropped their target price 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 dropped their target price 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. StockNews.com raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Friday. Finally, UBS Group raised their price target on Edgewell Personal Care from $31.00 to $32.00 and gave the stock a “neutral” rating in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Edgewell Personal Care currently has a consensus rating of “Hold” and an average price target of $35.71.

About Edgewell Personal Care

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.