Allspring Global Investments Holdings LLC Acquires 85,467 Shares of Edgewell Personal Care Co (NYSE:EPC)

Allspring Global Investments Holdings LLC lifted its position in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 12.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 750,369 shares of the company's stock after purchasing an additional 85,467 shares during the period. Allspring Global Investments Holdings LLC owned 1.54% of Edgewell Personal Care worth $25,122,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EPC. R Squared Ltd purchased a new stake in Edgewell Personal Care in the 4th quarter worth approximately $36,000. Prospera Private Wealth LLC bought a new position in shares of Edgewell Personal Care during the third quarter valued at approximately $48,000. KBC Group NV lifted its stake in Edgewell Personal Care by 56.5% in the fourth quarter. KBC Group NV now owns 2,279 shares of the company's stock worth $77,000 after acquiring an additional 823 shares during the period. TD Private Client Wealth LLC boosted its holdings in Edgewell Personal Care by 33.1% in the third 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. boosted its holdings in Edgewell Personal Care by 14.0% in the third quarter. Blue Trust Inc. now owns 2,697 shares of the company's stock valued at $108,000 after acquiring an additional 332 shares in the last quarter. 91.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on EPC. Canaccord Genuity Group decreased 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 report on Tuesday, February 11th. Wells Fargo & Company decreased their price target on shares of Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating for the company in a research note on Tuesday, February 11th. UBS Group cut their price objective on Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Morgan Stanley decreased their target price on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating for the company in a research report on Tuesday, February 11th. Finally, Royal Bank of Canada dropped their price target on Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. One 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 company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $36.57.

Edgewell Personal Care Stock Up 0.3 %

Shares of EPC traded up $0.09 during mid-day trading on Wednesday, reaching $30.03. The company had a trading volume of 402,282 shares, compared to its average volume of 549,919. Edgewell Personal Care Co has a 52 week low of $26.65 and a 52 week 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 company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 16.41 and a beta of 0.88. The firm has a 50-day moving average price of $32.99 and a 200 day moving average price of $35.36.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its earnings results on Monday, February 10th. The company reported $0.07 EPS 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, sell-side analysts forecast that Edgewell Personal Care Co will post 3.16 EPS for the current year.

Edgewell Personal Care Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 annualized dividend and a dividend yield of 2.00%. Edgewell Personal Care's dividend payout ratio is presently 32.79%.

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.