Barclays PLC Buys 126,168 Shares of Edgewell Personal Care Co (NYSE:EPC)

Barclays PLC boosted its stake in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 563.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 148,553 shares of the company's stock after acquiring an additional 126,168 shares during the period. Barclays PLC owned 0.30% of Edgewell Personal Care worth $5,400,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EPC. MML Investors Services LLC increased its holdings in Edgewell Personal Care by 72.6% in the 3rd quarter. MML Investors Services LLC now owns 19,931 shares of the company's stock valued at $724,000 after buying an additional 8,384 shares during the period. XTX Topco Ltd increased its stake in Edgewell Personal Care by 18.1% in the third quarter. XTX Topco Ltd now owns 16,731 shares of the company's stock valued at $608,000 after acquiring an additional 2,569 shares during the last quarter. Zacks Investment Management raised its position in Edgewell Personal Care by 37.4% during the third quarter. Zacks Investment Management now owns 39,585 shares of the company's stock valued at $1,439,000 after purchasing an additional 10,784 shares in the last quarter. Jane Street Group LLC lifted its stake in Edgewell Personal Care by 21.7% during the third quarter. Jane Street Group LLC now owns 102,001 shares of the company's stock worth $3,707,000 after purchasing an additional 18,214 shares during the last quarter. Finally, Petrus Trust Company LTA acquired a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at $819,000. 91.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EPC has been the subject of a number of research analyst reports. Truist Financial lowered their price target on Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating for the company in a report on Wednesday, October 16th. Barclays lowered their target price on Edgewell Personal Care from $37.00 to $36.00 and set an "equal weight" rating for the company in a research note on Monday, November 11th. Finally, StockNews.com downgraded shares of Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $42.40.

Edgewell Personal Care Price Performance

EPC traded down $0.29 on Friday, reaching $34.12. The stock had a trading volume of 1,517,199 shares, compared to its average volume of 405,274. The firm has a 50-day moving average of $35.66 and a 200-day moving average of $37.45. Edgewell Personal Care Co has a fifty-two week low of $33.27 and a fifty-two week high of $41.50. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 17.41 and a beta of 0.88. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.05. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The company had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. During the same quarter in the prior year, the firm posted $0.72 earnings per share. The firm's revenue was down 3.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Edgewell Personal Care Co will post 3.21 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.60 annualized dividend and a dividend yield of 1.76%. Edgewell Personal Care's dividend payout ratio is 30.61%.

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.