Charles Schwab Investment Management Inc. raised its stake in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 2.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 778,689 shares of the company's stock after acquiring an additional 22,209 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.58% of Edgewell Personal Care worth $28,298,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the stock. Blue Trust Inc. grew its stake in shares of Edgewell Personal Care by 14.0% in the third quarter. Blue Trust Inc. now owns 2,697 shares of the company's stock worth $108,000 after acquiring an additional 332 shares during the last quarter. Clearstead Trust LLC purchased a new stake in shares of Edgewell Personal Care in the second quarter worth $33,000. Daiwa Securities Group Inc. grew its stake in shares of Edgewell Personal Care by 16.5% in the second quarter. Daiwa Securities Group Inc. now owns 7,060 shares of the company's stock worth $284,000 after acquiring an additional 1,000 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Edgewell Personal Care by 17.6% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,363 shares of the company's stock worth $296,000 after acquiring an additional 1,100 shares during the last quarter. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Edgewell Personal Care in the third quarter worth $48,000. 91.91% of the stock is owned by hedge funds and other institutional investors.
Edgewell Personal Care Stock Performance
EPC stock traded down $1.09 during trading on Thursday, reaching $37.16. The stock had a trading volume of 548,375 shares, compared to its average volume of 398,984. Edgewell Personal Care Co has a 52 week low of $33.27 and a 52 week high of $41.50. The stock's 50 day moving average is $35.53 and its two-hundred day moving average is $37.71. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. The firm has a market cap of $1.81 billion, a PE ratio of 19.52 and a beta of 0.88.
Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $535.23 million. During the same quarter in the prior year, the company earned $0.72 earnings per share. Edgewell Personal Care's revenue was down 3.1% on a year-over-year basis. As a group, equities analysts anticipate that Edgewell Personal Care Co will post 3.21 earnings per share for the current year.
Edgewell Personal Care Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.61%. The ex-dividend date is Tuesday, December 3rd. Edgewell Personal Care's dividend payout ratio (DPR) is currently 30.61%.
Wall Street Analyst Weigh In
EPC has been the topic of several recent analyst reports. Truist Financial dropped their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating on the stock in a research report on Wednesday, October 16th. StockNews.com cut Edgewell Personal Care from a "buy" rating to a "hold" rating in a research report on Friday, September 20th. UBS Group dropped their price objective on Edgewell Personal Care from $42.00 to $40.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 7th. Finally, Barclays dropped their price objective on Edgewell Personal Care from $37.00 to $36.00 and set an "equal weight" rating on the stock in a research report on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $42.40.
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About Edgewell Personal Care
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Free Report)
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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