Madison Investment Advisors LLC Takes $3.87 Million Position in Edgewell Personal Care Co (NYSE:EPC)

Madison Investment Advisors LLC purchased a new stake in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 115,056 shares of the company's stock, valued at approximately $3,866,000. Madison Investment Advisors LLC owned approximately 0.24% of Edgewell Personal Care as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EPC. R Squared Ltd purchased a new position in Edgewell Personal Care during the fourth quarter valued at $36,000. Wolverine Asset Management LLC increased its stake in shares of Edgewell Personal Care by 217.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company's stock worth $39,000 after acquiring an additional 800 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in Edgewell Personal Care during the third quarter worth about $48,000. KBC Group NV grew its holdings in Edgewell Personal Care by 56.5% in the fourth quarter. KBC Group NV now owns 2,279 shares of the company's stock worth $77,000 after purchasing an additional 823 shares during the period. Finally, TD Private Client Wealth LLC increased its stake in shares of Edgewell Personal Care by 33.1% during the third quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company's stock valued at $101,000 after purchasing an additional 693 shares in the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on EPC shares. Wells Fargo & Company dropped their price target on Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 11th. UBS Group cut their target price on Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Barclays reduced their price target on Edgewell Personal Care from $33.00 to $30.00 and set an "equal weight" rating for the company in a report on Tuesday, February 11th. Royal Bank of Canada cut their price objective on shares of Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. Finally, Canaccord Genuity Group decreased their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating for the company in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $36.57.

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Edgewell Personal Care Stock Performance

NYSE:EPC traded up $0.41 during mid-day trading on Wednesday, reaching $29.74. The company's stock had a trading volume of 478,544 shares, compared to its average volume of 421,437. 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 stock has a market cap of $1.43 billion, a P/E ratio of 16.25 and a beta of 1.04. The firm's fifty day moving average price is $31.41 and its two-hundred day moving average price is $33.87. 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 released its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share 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%. On average, equities analysts forecast that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

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

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.