Jane Street Group LLC Sells 57,061 Shares of Edgewell Personal Care Co (NYSE:EPC)

Jane Street Group LLC lowered its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 55.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 44,940 shares of the company’s stock after selling 57,061 shares during the quarter. Jane Street Group LLC’s holdings in Edgewell Personal Care were worth $1,510,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Edgewell Personal Care by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company’s stock worth $194,875,000 after purchasing an additional 24,850 shares during the last quarter. American Century Companies Inc. increased its stake in shares of 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 worth $108,284,000 after purchasing an additional 64,257 shares during the last quarter. Brandes Investment Partners LP increased its stake in shares of 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 worth $68,600,000 after purchasing an additional 355,224 shares during the last quarter. LSV Asset Management increased its stake in shares of Edgewell Personal Care by 6.8% during the 4th quarter. LSV Asset Management now owns 1,166,152 shares of the company’s stock worth $39,183,000 after purchasing an additional 74,231 shares during the last quarter. Finally, William Blair Investment Management LLC increased its stake in shares of 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 worth $29,514,000 after purchasing an additional 253,014 shares during the last quarter. Institutional investors own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

EPC has been the topic of a number of recent research reports. UBS Group increased their price objective on Edgewell Personal Care from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Thursday, April 17th. Morgan Stanley dropped their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. StockNews.com raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday. Barclays dropped their price objective on 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. Finally, Canaccord Genuity Group reduced their price target on shares of Edgewell Personal Care from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $33.00.

Edgewell Personal Care Trading Up 1.0%

NYSE:EPC opened at $28.61 on Monday. Edgewell Personal Care Co has a one year low of $24.35 and a one year high of $41.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The firm has a market cap of $1.35 billion, a P/E ratio of 15.63 and a beta of 0.91. The firm has a 50-day simple moving average of $29.71 and a 200-day simple moving average of $32.22.

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

Edgewell Personal Care Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, June 6th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date is Friday, June 6th. Edgewell Personal Care’s payout ratio is 35.09%.

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.