Edgewell Personal Care Co (NYSE:EPC) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 145.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,938 shares of the company's stock after acquiring an additional 14,787 shares during the period. BNP Paribas Financial Markets owned 0.05% of Edgewell Personal Care worth $906,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC raised its position in Edgewell Personal Care by 5.4% during the 3rd quarter. FMR LLC now owns 188,006 shares of the company's stock worth $6,832,000 after buying an additional 9,664 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Edgewell Personal Care in the third quarter worth $337,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Edgewell Personal Care by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 778,689 shares of the company's stock worth $28,298,000 after purchasing an additional 22,209 shares during the last quarter. Intech Investment Management LLC acquired a new position in Edgewell Personal Care during the third quarter valued at $639,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in Edgewell Personal Care by 411.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,320 shares of the company's stock valued at $3,137,000 after purchasing an additional 69,435 shares during the period. Hedge funds and other institutional investors own 91.91% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on EPC. StockNews.com lowered Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. Barclays dropped their target price on Edgewell Personal Care from $37.00 to $36.00 and set an "equal weight" rating on the stock in a report on Monday, November 11th. Finally, Truist Financial decreased 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. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $42.40.

Edgewell Personal Care Price Performance

Shares of NYSE:EPC traded up $0.23 during trading on Thursday, reaching $35.46. 541,270 shares of the company's stock traded hands, compared to its average volume of 399,095. The firm has a market cap of $1.73 billion, a PE ratio of 18.22 and a beta of 0.88. 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 quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80. The company has a 50-day simple moving average of $35.57 and a 200-day simple moving average of $37.59.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.72 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 for the quarter, compared to analyst estimates of $535.23 million. During the same period last year, the company earned $0.72 earnings per share. Edgewell Personal Care's quarterly revenue was down 3.1% compared to the same quarter last year. As a group, analysts predict that Edgewell Personal Care Co will post 3.21 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Tuesday, December 3rd. Edgewell Personal Care's payout ratio is 30.61%.

About Edgewell Personal Care

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.