Kiker Wealth Management LLC Takes $1.14 Million Position in Edgewell Personal Care Co (NYSE:EPC)

Kiker Wealth Management LLC bought a new position in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 33,801 shares of the company's stock, valued at approximately $1,136,000. Edgewell Personal Care makes up about 0.9% of Kiker Wealth Management LLC's portfolio, making the stock its 28th largest position. Kiker Wealth Management LLC owned approximately 0.07% of Edgewell Personal Care at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brandes Investment Partners LP lifted its stake in Edgewell Personal Care by 21.1% during the 4th quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company's stock valued at $68,600,000 after acquiring an additional 355,224 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Edgewell Personal Care by 0.6% during the third quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company's stock valued at $41,078,000 after purchasing an additional 6,964 shares in the last quarter. William Blair Investment Management LLC lifted its position in shares of Edgewell Personal Care by 40.5% during the fourth quarter. William Blair Investment Management LLC now owns 878,390 shares of the company's stock valued at $29,514,000 after purchasing an additional 253,014 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Edgewell Personal Care by 4.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 817,042 shares of the company's stock worth $27,453,000 after purchasing an additional 38,353 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in Edgewell Personal Care by 12.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company's stock worth $25,122,000 after purchasing an additional 85,467 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company's stock.

Remove Ads

Edgewell Personal Care Stock Performance

Shares of EPC stock traded down $0.30 during trading on Tuesday, reaching $29.34. 431,679 shares of the company's stock traded hands, compared to its average volume of 420,518. Edgewell Personal Care Co has a 1 year low of $26.65 and a 1 year high of $41.50. The company has a market capitalization of $1.42 billion, a P/E ratio of 16.03 and a beta of 1.04. 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 firm's 50-day moving average is $31.47 and its 200 day moving average is $33.93.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its earnings results 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 return on equity of 9.29% and a net margin of 4.09%. Equities research analysts expect that Edgewell Personal Care Co will post 3.16 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend is Wednesday, March 5th. Edgewell Personal Care's dividend payout ratio (DPR) is 32.79%.

Analyst Ratings Changes

EPC has been the topic of several recent analyst reports. Morgan Stanley dropped their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating on the stock in a research report on Tuesday, February 11th. Barclays dropped their price target on Edgewell Personal Care from $33.00 to $30.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 11th. Wells Fargo & Company reduced their price objective 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. Canaccord Genuity Group lowered their target price on Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating on the stock in a research note on Tuesday, February 11th. Finally, UBS Group reduced their price target on shares of Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $36.57.

Edgewell Personal Care 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.