Edgewell Personal Care Co (NYSE:EPC) Shares Bought by Northern Trust Corp

Northern Trust Corp lifted its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 7.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 561,010 shares of the company’s stock after purchasing an additional 39,696 shares during the quarter. Northern Trust Corp’s holdings in Edgewell Personal Care were worth $18,850,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Voya Investment Management LLC increased its position in shares of Edgewell Personal Care by 4.6% in the fourth quarter. Voya Investment Management LLC now owns 39,472 shares of the company’s stock valued at $1,326,000 after buying an additional 1,743 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Edgewell Personal Care by 8.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 41,320 shares of the company’s stock valued at $1,389,000 after acquiring an additional 3,057 shares in the last quarter. Susquehanna International Group LLP increased its holdings in Edgewell Personal Care by 169.1% during the 4th quarter. Susquehanna International Group LLP now owns 44,776 shares of the company’s stock valued at $1,504,000 after acquiring an additional 28,136 shares in the last quarter. Tower Research Capital LLC TRC raised its position in Edgewell Personal Care by 166.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,362 shares of the company’s stock worth $147,000 after acquiring an additional 2,725 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its holdings in shares of Edgewell Personal Care by 5.2% in the fourth quarter. MetLife Investment Management LLC now owns 30,020 shares of the company’s stock valued at $1,009,000 after purchasing an additional 1,495 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Trading Down 0.8%

Shares of NYSE EPC opened at $28.50 on Wednesday. Edgewell Personal Care Co has a 12-month low of $24.35 and a 12-month high of $41.50. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 15.57 and a beta of 0.91. 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’s 50 day simple moving average is $29.92 and its 200 day simple moving average is $32.39.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.03). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. The business had revenue of $580.70 million for the quarter, compared to analyst estimates of $591.01 million. During the same quarter in the prior year, the firm posted $0.88 earnings per share. The business’s quarterly revenue was down 3.1% on a year-over-year basis. Equities research analysts expect that Edgewell Personal Care Co will post 3.16 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Friday, June 6th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care’s payout ratio is 35.09%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. StockNews.com downgraded Edgewell Personal Care from a “hold” rating to a “sell” rating in a research report on Friday, May 9th. UBS Group boosted their target price on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the company a “neutral” rating in a research note on Thursday, April 17th. Barclays reduced their target price on shares of Edgewell Personal Care from $28.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday, May 8th. Royal Bank of Canada lowered their price target on shares of Edgewell Personal Care from $43.00 to $35.00 and set an “outperform” rating for the company in a report on Thursday, May 8th. Finally, Canaccord Genuity Group reduced their price objective on shares of Edgewell Personal Care from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Edgewell Personal Care presently has an average rating of “Hold” and a consensus price target of $33.00.

Edgewell Personal Care Company 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.