APG Asset Management N.V. Sells 87,083 Shares of Edgewell Personal Care Co (NYSE:EPC)

APG Asset Management N.V. trimmed its position in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 57.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 64,050 shares of the company's stock after selling 87,083 shares during the quarter. APG Asset Management N.V. owned approximately 0.13% of Edgewell Personal Care worth $2,078,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Invesco Ltd. increased its holdings in Edgewell Personal Care by 18.1% in the fourth quarter. Invesco Ltd. now owns 430,128 shares of the company's stock valued at $14,452,000 after purchasing an additional 65,944 shares during the period. Bank of Montreal Can grew its position in shares of Edgewell Personal Care by 6.2% in the 4th quarter. Bank of Montreal Can now owns 10,890 shares of the company's stock valued at $366,000 after buying an additional 636 shares during the last quarter. Federated Hermes Inc. acquired a new stake in shares of Edgewell Personal Care in the fourth quarter valued at about $1,669,000. Quadrant Capital Group LLC raised its position in shares of Edgewell Personal Care by 85.9% during the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock worth $25,000 after acquiring an additional 347 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of Edgewell Personal Care by 14.9% in the fourth quarter. Wells Fargo & Company MN now owns 52,057 shares of the company's stock worth $1,749,000 after acquiring an additional 6,768 shares during the period. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Stock Up 1.4 %

EPC stock opened at $29.80 on Friday. The stock's 50 day simple moving average is $30.32 and its 200 day simple moving average is $33.21. The company has a market cap of $1.44 billion, a P/E ratio of 16.28 and a beta of 0.94. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. Edgewell Personal Care Co has a fifty-two week low of $26.65 and a fifty-two week high of $41.50.

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Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its earnings results on Monday, February 10th. The company reported $0.07 earnings per share 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, research analysts expect that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date was Wednesday, March 5th. Edgewell Personal Care's dividend payout ratio is currently 32.79%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EPC. StockNews.com upgraded shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a research report on Tuesday. Canaccord Genuity Group lowered their price objective on Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating for the company in a research report on Tuesday, February 11th. Wells Fargo & Company cut their target price on Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 11th. Royal Bank of Canada lowered their target price on Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating for the company in a report on Tuesday, February 11th. Finally, Morgan Stanley cut their price target 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Edgewell Personal Care has a consensus rating of "Hold" and an average target price of $36.29.

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.

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