Edgewell Personal Care Co (NYSE:EPC) Position Boosted by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lifted its stake in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 63.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 664,902 shares of the company's stock after buying an additional 259,200 shares during the period. Allspring Global Investments Holdings LLC owned approximately 1.34% of Edgewell Personal Care worth $24,163,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Duality Advisers LP lifted its stake in shares of Edgewell Personal Care by 0.9% in the first quarter. Duality Advisers LP now owns 31,916 shares of the company's stock worth $1,233,000 after acquiring an additional 281 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Edgewell Personal Care by 14.0% in the third quarter. Blue Trust Inc. now owns 2,697 shares of the company's stock worth $108,000 after acquiring an additional 332 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its stake in shares of Edgewell Personal Care by 2.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 20,897 shares of the company's stock worth $886,000 after acquiring an additional 571 shares in the last quarter. ProShare Advisors LLC lifted its stake in shares of Edgewell Personal Care by 6.1% in the first quarter. ProShare Advisors LLC now owns 10,051 shares of the company's stock worth $388,000 after acquiring an additional 574 shares in the last quarter. Finally, Clearstead Trust LLC acquired a new position in shares of Edgewell Personal Care in the second quarter worth about $33,000. Hedge funds and other institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Stock Up 1.0 %

NYSE EPC traded up $0.33 on Thursday, hitting $34.90. 266,295 shares of the stock traded hands, compared to its average volume of 396,101. The stock has a 50-day moving average of $36.90 and a 200 day moving average of $38.10. Edgewell Personal Care Co has a twelve month low of $33.27 and a twelve month high of $41.50. The company has a market capitalization of $1.73 billion, a P/E ratio of 14.60 and a beta of 0.86. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.82.

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

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 4th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Wednesday, September 4th. Edgewell Personal Care's payout ratio is 25.10%.

Analysts Set New Price Targets

EPC has been the topic of several recent analyst reports. StockNews.com cut Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. UBS Group cut their price target on Edgewell Personal Care from $42.00 to $40.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 7th. Barclays cut their price target on Edgewell Personal Care from $40.00 to $37.00 and set an "equal weight" rating on the stock in a research note on Friday, October 11th. Finally, Truist Financial cut their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating on the stock in a research note on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Edgewell Personal Care presently has a consensus rating of "Hold" and an average price target of $41.00.

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.