Robeco Institutional Asset Management B.V. Purchases New Stake in Edgewell Personal Care Co (NYSE:EPC)

Robeco Institutional Asset Management B.V. purchased a new stake in Edgewell Personal Care Co (NYSE:EPC - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,396 shares of the company's stock, valued at approximately $559,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Edgewell Personal Care by 0.5% in the first quarter. Vanguard Group Inc. now owns 5,833,364 shares of the company's stock valued at $225,401,000 after buying an additional 29,217 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Edgewell Personal Care by 0.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company's stock valued at $145,524,000 after purchasing an additional 24,513 shares in the last quarter. Brandes Investment Partners LP raised its holdings in Edgewell Personal Care by 19.7% during the second quarter. Brandes Investment Partners LP now owns 1,529,647 shares of the company's stock worth $61,545,000 after purchasing an additional 252,235 shares during the last quarter. LSV Asset Management boosted its position in Edgewell Personal Care by 16.6% during the second quarter. LSV Asset Management now owns 1,071,354 shares of the company's stock worth $43,058,000 after purchasing an additional 152,200 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Edgewell Personal Care by 17.7% in the second quarter. Bank of New York Mellon Corp now owns 673,602 shares of the company's stock valued at $27,072,000 after purchasing an additional 101,533 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company's stock.

Wall Street Analyst Weigh In

EPC has been the subject of several research reports. StockNews.com downgraded Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. Truist Financial reduced 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 report on Wednesday, October 16th. Barclays dropped their price objective on shares of Edgewell Personal Care from $37.00 to $36.00 and set an "equal weight" rating for the company in a research note on Monday. Finally, UBS Group reduced their target price 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. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $42.40.

Edgewell Personal Care Trading Down 0.2 %

Shares of NYSE:EPC traded down $0.06 during trading on Monday, reaching $36.10. The stock had a trading volume of 509,897 shares, compared to its average volume of 396,396. The company has a quick ratio of 0.94, a current ratio of 1.66 and a debt-to-equity ratio of 0.80. The stock has a market cap of $1.78 billion, a P/E ratio of 18.45 and a beta of 0.86. The business has a fifty day moving average price of $36.00 and a 200-day moving average price of $38.05. Edgewell Personal Care Co has a fifty-two week low of $33.27 and a fifty-two week high of $41.50.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.05. The company had revenue of $517.60 million for 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%. The business's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.72 EPS. As a group, analysts anticipate that Edgewell Personal Care Co will post 3.22 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend is Tuesday, December 3rd. Edgewell Personal Care's dividend payout ratio (DPR) is 30.61%.

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.