Chartwell Investment Partners LLC Has $7.67 Million Stock Position in Edgewell Personal Care Co (NYSE:EPC)

Chartwell Investment Partners LLC lifted its stake in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 54.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 211,056 shares of the company's stock after purchasing an additional 74,315 shares during the period. Chartwell Investment Partners LLC owned about 0.43% of Edgewell Personal Care worth $7,670,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Blue Trust Inc. grew its stake in shares of Edgewell Personal Care by 14.0% in the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company's stock worth $108,000 after purchasing an additional 332 shares during the last quarter. State Board of Administration of Florida Retirement System increased its stake in Edgewell Personal Care by 2.8% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 20,897 shares of the company's stock worth $886,000 after acquiring an additional 571 shares during the last quarter. ProShare Advisors LLC raised its stake in Edgewell Personal Care by 6.1% in the first quarter. ProShare Advisors LLC now owns 10,051 shares of the company's stock valued at $388,000 after purchasing an additional 574 shares in the last quarter. Clearstead Trust LLC bought a new stake in Edgewell Personal Care in the 2nd quarter worth approximately $33,000. Finally, Daiwa Securities Group Inc. increased its holdings in Edgewell Personal Care by 16.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 7,060 shares of the company's stock worth $284,000 after purchasing an additional 1,000 shares during the period. Institutional investors and hedge funds own 91.91% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on EPC. Truist Financial dropped their target price 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. StockNews.com downgraded Edgewell Personal Care from a "buy" rating to a "hold" rating in a report on Friday, September 20th. UBS Group cut their target price on shares of Edgewell Personal Care from $42.00 to $40.00 and set a "neutral" rating for the company in a research note on Wednesday, August 7th. Finally, Barclays reduced their price objective on shares of Edgewell Personal Care from $37.00 to $36.00 and set an "equal weight" rating for the company in a research note on Monday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Edgewell Personal Care has an average rating of "Moderate Buy" and a consensus target price of $42.40.

Edgewell Personal Care Stock Performance

Shares of EPC traded down $0.78 during mid-day trading on Tuesday, hitting $35.35. The company's stock had a trading volume of 523,792 shares, compared to its average volume of 396,978. The firm has a market capitalization of $1.74 billion, a PE ratio of 18.42 and a beta of 0.86. Edgewell Personal Care Co has a one year low of $33.27 and a one year high of $41.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.94 and a current ratio of 1.66. The stock's 50-day moving average is $35.92 and its two-hundred day moving average is $38.04.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share 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 business had revenue of $517.60 million for the quarter, compared to analysts' expectations of $535.23 million. During the same period last year, the business earned $0.72 EPS. The business's revenue was down 3.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Edgewell Personal Care Co will post 3.22 EPS for the current year.

Edgewell Personal Care Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.70%. Edgewell Personal Care's dividend payout ratio is currently 30.61%.

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.