UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 14,792 Shares of Edgewell Personal Care Co (NYSE:EPC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 9.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 146,124 shares of the company's stock after selling 14,792 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.30% of Edgewell Personal Care worth $5,310,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. SG Americas Securities LLC grew its position in Edgewell Personal Care by 42.1% during the second quarter. SG Americas Securities LLC now owns 13,637 shares of the company's stock valued at $548,000 after buying an additional 4,037 shares during the period. Welch Group LLC purchased a new stake in shares of Edgewell Personal Care in the second quarter worth $281,000. Blue Trust Inc. raised its position in shares of Edgewell Personal Care by 32.5% during the 2nd quarter. Blue Trust Inc. now owns 2,365 shares of the company's stock valued at $91,000 after purchasing an additional 580 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in Edgewell Personal Care by 17.6% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,363 shares of the company's stock worth $296,000 after buying an additional 1,100 shares during the period. Finally, Everhart Financial Group Inc. purchased a new stake in Edgewell Personal Care in the 2nd quarter worth $207,000. Institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

Shares of EPC traded up $0.23 during mid-day trading on Thursday, hitting $35.46. 541,270 shares of the stock were exchanged, compared to its average volume of 399,095. The firm has a 50-day moving average of $35.57 and a two-hundred day moving average of $37.59. Edgewell Personal Care Co has a 52-week low of $33.27 and a 52-week high of $41.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. The company has a market cap of $1.73 billion, a PE ratio of 18.22 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released 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 net margin of 4.38% and a return on equity of 9.78%. The business had revenue of $517.60 million during the quarter, compared to analyst estimates of $535.23 million. During the same quarter last year, the business earned $0.72 earnings per share. Edgewell Personal Care's quarterly revenue was down 3.1% compared to the same quarter last year. On average, equities analysts predict 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. Shareholders of record on Tuesday, December 3rd will be given 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 yield of 1.69%. Edgewell Personal Care's dividend payout ratio (DPR) is presently 30.61%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Truist Financial dropped their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th. Barclays reduced their price objective on shares of 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. Finally, StockNews.com lowered shares of Edgewell Personal Care from a "buy" rating to a "hold" rating in a research report on Friday, September 20th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $42.40.

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.