American Century Companies Inc. Raises Holdings in Edgewell Personal Care Co (NYSE:EPC)

American Century Companies Inc. increased its stake in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 2.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,222,739 shares of the company's stock after purchasing an additional 64,257 shares during the period. American Century Companies Inc. owned approximately 6.63% of Edgewell Personal Care worth $108,284,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in Edgewell Personal Care during the fourth quarter worth $36,000. Wolverine Asset Management LLC raised its holdings 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 valued at $39,000 after buying an additional 800 shares during the period. KBC Group NV lifted its stake in Edgewell Personal Care by 56.5% during the 4th quarter. KBC Group NV now owns 2,279 shares of the company's stock worth $77,000 after acquiring an additional 823 shares in the last quarter. TD Private Client Wealth LLC boosted 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 during the period. Finally, Point72 Asia Singapore Pte. Ltd. grew its position in Edgewell Personal Care by 76.5% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,205 shares of the company's stock valued at $116,000 after acquiring an additional 1,389 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company's stock.

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Edgewell Personal Care Stock Up 3.8 %

Shares of EPC traded up $1.13 during midday trading on Thursday, reaching $30.87. The stock had a trading volume of 510,513 shares, compared to its average volume of 422,517. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 16.87 and a beta of 1.04. The company's fifty day simple moving average is $31.35 and its two-hundred day simple moving average is $33.84. Edgewell Personal Care Co has a 1-year low of $26.65 and a 1-year high of $41.50. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its 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 net margin of 4.09% and a return on equity of 9.29%. Equities 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 firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Wednesday, March 5th. Edgewell Personal Care's dividend payout ratio (DPR) is 32.79%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EPC. Royal Bank of Canada reduced their price target on shares of 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. UBS Group reduced their target price on shares of Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. Morgan Stanley decreased their price target on shares of 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. Barclays cut their price objective on Edgewell Personal Care from $33.00 to $30.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 11th. Finally, Canaccord Genuity Group decreased 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $36.57.

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.