JPMorgan Chase & Co. Has $24.35 Million Holdings in Edgewell Personal Care Co (NYSE:EPC)

JPMorgan Chase & Co. grew its stake in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 6.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 669,914 shares of the company's stock after acquiring an additional 39,059 shares during the period. JPMorgan Chase & Co. owned 1.38% of Edgewell Personal Care worth $24,345,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Clearstead Trust LLC bought a new position in shares of Edgewell Personal Care during the second quarter worth approximately $33,000. Prospera Private Wealth LLC acquired a new stake in Edgewell Personal Care during the third quarter worth approximately $48,000. Acadian Asset Management LLC bought a new position in Edgewell Personal Care during the 2nd quarter worth $53,000. Canada Pension Plan Investment Board acquired a new position in Edgewell Personal Care in the 2nd quarter valued at $84,000. Finally, Blue Trust Inc. lifted its position in shares of Edgewell Personal Care by 14.0% during the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company's stock valued at $108,000 after acquiring an additional 332 shares during the period. Institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

EPC stock traded up $0.20 during trading on Thursday, reaching $32.25. 409,272 shares of the company were exchanged, compared to its average volume of 411,778. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 16.45 and a beta of 0.88. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. The company has a 50-day moving average of $35.17 and a two-hundred day moving average of $36.92. Edgewell Personal Care Co has a twelve month low of $31.43 and a twelve month high of $41.50.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.05. The company had revenue of $517.60 million during the quarter, compared to analysts' expectations of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. Edgewell Personal Care's revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 EPS. As a group, equities analysts predict that Edgewell Personal Care Co will post 3.21 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend was Tuesday, December 3rd. Edgewell Personal Care's dividend payout ratio (DPR) is currently 30.61%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Wells Fargo & Company decreased their price target on Edgewell Personal Care from $42.00 to $37.00 and set an "overweight" rating on the stock in a research report on Tuesday. StockNews.com lowered shares of Edgewell Personal Care from a "buy" rating to a "hold" rating in a report on Friday, September 20th. Truist Financial cut their price target on shares of Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating for the company in a report on Wednesday, October 16th. Finally, Barclays decreased 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 note on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $41.20.

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.