Plancorp LLC Reduces Stake in Edgewell Personal Care Co (NYSE:EPC)

Plancorp LLC lessened its stake in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 26.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,335 shares of the company's stock after selling 12,499 shares during the quarter. Plancorp LLC owned about 0.07% of Edgewell Personal Care worth $1,154,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in EPC. Intech Investment Management LLC bought a new stake in Edgewell Personal Care in the 3rd quarter worth approximately $639,000. Barclays PLC grew its holdings 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 acquiring an additional 126,168 shares during the period. JPMorgan Chase & Co. increased its position in Edgewell Personal Care by 6.2% during the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company's stock valued at $24,345,000 after acquiring an additional 39,059 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Edgewell Personal Care by 12.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company's stock valued at $25,122,000 after acquiring an additional 85,467 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in Edgewell Personal Care by 145.7% in the third quarter. BNP Paribas Financial Markets now owns 24,938 shares of the company's stock worth $906,000 after purchasing an additional 14,787 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

A number of research firms recently issued reports on EPC. Wells Fargo & Company dropped their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating on the stock in a report on Tuesday, February 11th. Barclays cut their price objective on shares of Edgewell Personal Care from $33.00 to $30.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 11th. Canaccord Genuity Group decreased their target price 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. Morgan Stanley cut their price target on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating for the company in a report on Tuesday, February 11th. Finally, Royal Bank of Canada lowered their price objective on 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. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $36.57.

Edgewell Personal Care Price Performance

EPC traded up $0.41 on Wednesday, hitting $29.74. 478,544 shares of the company's stock traded hands, compared to its average volume of 422,161. The company's 50 day simple moving average is $31.35 and its 200-day simple moving average is $33.84. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. Edgewell Personal Care Co has a one year low of $26.65 and a one year high of $41.50. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 16.25 and a beta of 1.04.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. As a group, research analysts anticipate that Edgewell Personal Care Co will post 3.16 EPS 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. Investors of record on Wednesday, March 5th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend is Wednesday, March 5th. Edgewell Personal Care's dividend payout ratio (DPR) is presently 32.79%.

Edgewell Personal Care 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.