PDT Partners LLC Sells 27,498 Shares of Edgewell Personal Care Co (NYSE:EPC)

PDT Partners LLC lowered its position in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 70.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,418 shares of the company's stock after selling 27,498 shares during the quarter. PDT Partners LLC's holdings in Edgewell Personal Care were worth $415,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Clearstead Trust LLC bought a new position in shares of Edgewell Personal Care during the 2nd quarter worth about $33,000. Prospera Private Wealth LLC bought a new position in shares of Edgewell Personal Care during the 3rd quarter worth about $48,000. Acadian Asset Management LLC bought a new position in Edgewell Personal Care in the 2nd quarter valued at about $53,000. Innealta Capital LLC bought a new position in Edgewell Personal Care in the 2nd quarter valued at about $76,000. Finally, Canada Pension Plan Investment Board bought a new position in Edgewell Personal Care in the 2nd quarter valued at about $84,000. Institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

Shares of EPC stock traded up $0.44 on Wednesday, reaching $38.25. The company's stock had a trading volume of 671,381 shares, compared to its average volume of 398,341. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80. Edgewell Personal Care Co has a 12-month low of $33.27 and a 12-month high of $41.50. The company has a market capitalization of $1.86 billion, a P/E ratio of 19.25 and a beta of 0.88. The stock's 50 day simple moving average is $35.49 and its 200-day simple moving average is $37.71.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.67 by $0.05. The company had revenue of $517.60 million during the quarter, compared to analyst estimates of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. Edgewell Personal Care's revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.72 earnings per share. As a group, equities analysts predict that Edgewell Personal Care Co will post 3.21 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.57%. Edgewell Personal Care's dividend payout ratio is presently 30.61%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Barclays dropped their price target on shares of Edgewell Personal Care from $37.00 to $36.00 and set an "equal weight" rating on the stock in a research report on Monday, November 11th. UBS Group dropped their price target on shares of Edgewell Personal Care from $42.00 to $40.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 7th. Truist Financial dropped their price target on shares of Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating on the stock in a research report on Wednesday, October 16th. Finally, StockNews.com lowered shares of Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $42.40.

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.