24,200 Shares in Edgewell Personal Care Co (NYSE:EPC) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS acquired a new position in Edgewell Personal Care Co (NYSE:EPC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,200 shares of the company's stock, valued at approximately $816,000.

A number of other institutional investors also recently bought and sold shares of EPC. Barclays PLC raised its stake in shares of Edgewell Personal Care by 563.6% in the third quarter. Barclays PLC now owns 148,553 shares of the company's stock worth $5,400,000 after buying an additional 126,168 shares during the period. JPMorgan Chase & Co. increased its holdings in Edgewell Personal Care by 6.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company's stock worth $24,345,000 after acquiring an additional 39,059 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in Edgewell Personal Care by 12.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company's stock worth $25,122,000 after acquiring an additional 85,467 shares during the period. BNP Paribas Financial Markets lifted its holdings in Edgewell Personal Care by 145.7% during the third quarter. BNP Paribas Financial Markets now owns 24,938 shares of the company's stock valued at $906,000 after purchasing an additional 14,787 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of Edgewell Personal Care by 208.2% in the fourth quarter. SG Americas Securities LLC now owns 16,553 shares of the company's stock worth $556,000 after purchasing an additional 11,183 shares during the period. 91.91% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

Several analysts have recently commented on EPC shares. Morgan Stanley decreased their price objective 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. Canaccord Genuity Group decreased their price target on Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating on the stock in a report on Tuesday, February 11th. Royal Bank of Canada dropped their price objective on 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. Wells Fargo & Company decreased their target price on Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 11th. Finally, Barclays lowered 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. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Edgewell Personal Care presently has an average rating of "Hold" and an average price target of $36.57.

Edgewell Personal Care Price Performance

Shares of NYSE EPC traded down $0.77 during midday trading on Friday, reaching $29.65. 689,571 shares of the stock traded hands, compared to its average volume of 447,532. The company's 50 day moving average is $30.95 and its 200 day moving average is $33.56. Edgewell Personal Care Co has a one year low of $26.65 and a one year high of $41.50. The stock has a market capitalization of $1.43 billion, a PE ratio of 16.20 and a beta of 0.94. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97.

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

Edgewell Personal Care Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 annualized dividend and a dividend yield of 2.02%. Edgewell Personal Care's dividend payout ratio (DPR) is 32.79%.

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.