Jane Street Group LLC Acquires 18,214 Shares of Edgewell Personal Care Co (NYSE:EPC)

Jane Street Group LLC grew its stake in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 21.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 102,001 shares of the company's stock after buying an additional 18,214 shares during the period. Jane Street Group LLC owned approximately 0.21% of Edgewell Personal Care worth $3,707,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Clearstead Trust LLC bought a new position in Edgewell Personal Care during the 2nd quarter worth approximately $33,000. Prospera Private Wealth LLC acquired a new position in shares of Edgewell Personal Care in the 3rd quarter valued at $48,000. Acadian Asset Management LLC bought a new stake in shares of Edgewell Personal Care in the 2nd quarter valued at $53,000. Innealta Capital LLC acquired a new stake in Edgewell Personal Care during the 2nd quarter worth $76,000. Finally, Canada Pension Plan Investment Board bought a new position in Edgewell Personal Care during the second quarter worth about $84,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EPC. Barclays dropped their price target 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. Truist Financial dropped 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 report on Wednesday, October 16th. Finally, StockNews.com lowered shares of Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $42.40.

Edgewell Personal Care Stock Down 0.8 %

Edgewell Personal Care stock traded down $0.29 during mid-day trading on Friday, reaching $34.12. The company's stock had a trading volume of 1,517,199 shares, compared to its average volume of 405,274. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. Edgewell Personal Care Co has a 12 month low of $33.27 and a 12 month high of $41.50. The business's 50 day simple moving average is $35.68 and its 200 day simple moving average is $37.48. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 17.41 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 the consensus estimate of $535.23 million. During the same quarter in the previous year, the business earned $0.72 earnings per share. Edgewell Personal Care's quarterly revenue was down 3.1% on a year-over-year basis. As a group, research analysts anticipate 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. Investors of record on Tuesday, December 3rd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.60 annualized dividend and a dividend yield of 1.76%. Edgewell Personal Care's dividend payout ratio is presently 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.