Marshall Wace LLP Has $11.18 Million Stock Position in Edgewell Personal Care Co (NYSE:EPC)

Marshall Wace LLP lessened its holdings in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 7.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 278,080 shares of the company's stock after selling 23,617 shares during the period. Marshall Wace LLP owned 0.56% of Edgewell Personal Care worth $11,176,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Clearstead Trust LLC bought a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at about $33,000. Northwest Investment Counselors LLC bought a new stake in shares of Edgewell Personal Care during the 1st quarter valued at about $35,000. TFO Wealth Partners LLC grew its position in shares of Edgewell Personal Care by 32,900.0% during the 4th quarter. TFO Wealth Partners LLC now owns 990 shares of the company's stock valued at $36,000 after buying an additional 987 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at about $53,000. Finally, Innealta Capital LLC bought a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at about $76,000. Institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

EPC traded up $0.19 during trading on Friday, reaching $36.48. The stock had a trading volume of 355,738 shares, compared to its average volume of 397,851. The stock has a 50 day moving average of $38.28 and a two-hundred day moving average of $38.44. The company has a quick ratio of 0.94, a current ratio of 1.79 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 15.26 and a beta of 0.87. Edgewell Personal Care Co has a 1-year low of $33.71 and a 1-year high of $41.50.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.21. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The company had revenue of $647.80 million for the quarter, compared to the consensus estimate of $649.67 million. During the same quarter in the previous year, the business earned $0.98 EPS. The company's quarterly revenue was down .3% compared to the same quarter last year. As a group, equities analysts anticipate that Edgewell Personal Care Co will post 3 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 4th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Wednesday, September 4th. Edgewell Personal Care's dividend payout ratio is presently 25.10%.

Analyst Ratings Changes

Several research analysts have commented on the stock. Barclays decreased their target price on shares of Edgewell Personal Care from $41.00 to $40.00 and set an "equal weight" rating for the company in a research report on Wednesday, August 7th. StockNews.com cut shares of Edgewell Personal Care from a "buy" rating to a "hold" rating in a research report on Friday, September 20th. Finally, UBS Group decreased their target price on shares of Edgewell Personal Care from $42.00 to $40.00 and set a "neutral" rating for the company in a research report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $41.80.

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.