Janus Henderson Group PLC increased its position in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 71.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,918 shares of the company's stock after purchasing an additional 34,656 shares during the period. Janus Henderson Group PLC owned 0.17% of Edgewell Personal Care worth $3,014,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the business. Empowered Funds LLC acquired a new stake in Edgewell Personal Care during the third quarter worth approximately $6,128,000. Dimensional Fund Advisors LP raised its stake in Edgewell Personal Care by 0.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company's stock worth $145,524,000 after acquiring an additional 24,513 shares in the last quarter. Chartwell Investment Partners LLC lifted its position in Edgewell Personal Care by 54.3% in the third quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company's stock valued at $7,670,000 after acquiring an additional 74,315 shares during the last quarter. Sei Investments Co. lifted its position in Edgewell Personal Care by 6.8% in the second quarter. Sei Investments Co. now owns 424,159 shares of the company's stock valued at $17,045,000 after acquiring an additional 27,119 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in Edgewell Personal Care in the second quarter valued at $569,000. Hedge funds and other institutional investors own 91.91% of the company's stock.
Edgewell Personal Care Stock Performance
EPC stock traded up $0.23 during trading on Thursday, hitting $35.46. The company had a trading volume of 541,270 shares, compared to its average volume of 399,095. Edgewell Personal Care Co has a 1-year low of $33.27 and a 1-year high of $41.50. The firm has a 50-day moving average price of $35.59 and a 200-day moving average price of $37.58. 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 firm has a market cap of $1.73 billion, a PE ratio of 18.09 and a beta of 0.88.
Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) 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 business had revenue of $517.60 million for the quarter, compared to analyst estimates of $535.23 million. During the same quarter in the previous year, the company posted $0.72 earnings per share. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. On average, analysts expect that Edgewell Personal Care Co will post 3.21 earnings per share for the current year.
Edgewell Personal Care Announces Dividend
The company 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 $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Tuesday, December 3rd. Edgewell Personal Care's dividend payout ratio (DPR) is presently 30.61%.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on EPC. Barclays cut their target price 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. StockNews.com cut Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. Finally, Truist Financial lowered their target price on shares of 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. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $42.40.
Check Out Our Latest Stock Report on Edgewell Personal Care
About Edgewell Personal Care
(
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.
Featured Articles
Before you consider Edgewell Personal Care, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Edgewell Personal Care wasn't on the list.
While Edgewell Personal Care currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
