Invesco Ltd. Grows Stake in Edgewell Personal Care Co (NYSE:EPC)

Invesco Ltd. raised its holdings in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 18.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 430,128 shares of the company's stock after acquiring an additional 65,944 shares during the period. Invesco Ltd. owned approximately 0.88% of Edgewell Personal Care worth $14,452,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in EPC. Quadrant Capital Group LLC lifted its position in Edgewell Personal Care by 85.9% during the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock worth $25,000 after buying an additional 347 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Edgewell Personal Care by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company's stock worth $660,000 after acquiring an additional 495 shares during the period. Blue Trust Inc. boosted its position in shares of Edgewell Personal Care by 18.7% during the 4th quarter. Blue Trust Inc. now owns 3,200 shares of the company's stock valued at $116,000 after acquiring an additional 503 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of Edgewell Personal Care by 2.6% during the 4th quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company's stock valued at $695,000 after acquiring an additional 529 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in shares of Edgewell Personal Care by 6.2% in the fourth quarter. Bank of Montreal Can now owns 10,890 shares of the company's stock valued at $366,000 after purchasing an additional 636 shares during the period. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Edgewell Personal Care Trading Down 0.7 %

Edgewell Personal Care stock traded down $0.22 during midday trading on Friday, reaching $30.41. 37,730 shares of the stock traded hands, compared to its average volume of 455,359. The firm has a market cap of $1.47 billion, a PE ratio of 16.58 and a beta of 0.94. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. The company has a 50-day simple moving average of $30.31 and a two-hundred day simple moving average of $32.89. Edgewell Personal Care Co has a 12-month low of $26.65 and a 12-month high of $41.50.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. Research analysts expect that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.60 annualized dividend and a yield of 1.97%. Edgewell Personal Care's dividend payout ratio (DPR) is 32.79%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Canaccord Genuity Group decreased their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating on the stock in a report on Tuesday, February 11th. Wells Fargo & Company cut their target price on Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating for the company in a research note on Tuesday, February 11th. Barclays decreased their price target on Edgewell Personal Care from $30.00 to $28.00 and set an "equal weight" rating on the stock in a research note on Friday, April 11th. Morgan Stanley cut their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating for the company in a research report on Tuesday, February 11th. Finally, Royal Bank of Canada lowered their target price on shares of Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating for the company in a research note on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $35.71.

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.