Teacher Retirement System of Texas lifted its holdings in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 121.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,883 shares of the company's stock after purchasing an additional 38,346 shares during the quarter. Teacher Retirement System of Texas owned about 0.14% of Edgewell Personal Care worth $2,348,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EPC. R Squared Ltd acquired a new stake in Edgewell Personal Care in the fourth quarter worth about $36,000. Wolverine Asset Management LLC boosted its stake in Edgewell Personal Care by 217.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company's stock worth $39,000 after purchasing an additional 800 shares in the last quarter. KBC Group NV grew its position in Edgewell Personal Care by 56.5% during the 4th quarter. KBC Group NV now owns 2,279 shares of the company's stock worth $77,000 after purchasing an additional 823 shares during the last quarter. TD Private Client Wealth LLC increased its stake in Edgewell Personal Care by 33.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company's stock valued at $101,000 after purchasing an additional 693 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. raised its holdings in shares of Edgewell Personal Care by 76.5% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,205 shares of the company's stock worth $116,000 after buying an additional 1,389 shares during the last quarter. 91.91% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on EPC. Royal Bank of Canada cut their target price 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. Morgan Stanley cut their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating on the stock in a 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 for the company in a report on Tuesday, February 11th. StockNews.com downgraded shares of Edgewell Personal Care from a "hold" rating to a "sell" rating in a report on Saturday. Finally, Barclays decreased their target price 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. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Edgewell Personal Care presently has an average rating of "Hold" and an average target price of $36.57.
Check Out Our Latest Stock Analysis on Edgewell Personal Care
Edgewell Personal Care Price Performance
EPC stock traded down $0.20 during mid-day trading on Friday, reaching $30.68. 366,848 shares of the company's stock were exchanged, compared to its average volume of 442,462. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. Edgewell Personal Care Co has a 12-month low of $26.65 and a 12-month high of $41.50. The stock's 50 day moving average is $31.24 and its 200 day moving average is $33.74. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 16.77 and a beta of 1.04.
Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) 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%. On average, research analysts expect that Edgewell Personal Care Co will post 3.16 EPS for the current year.
Edgewell Personal Care Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 annualized dividend and a dividend yield of 1.96%. Edgewell Personal Care's dividend payout ratio (DPR) is presently 32.79%.
Edgewell Personal Care Profile
(
Free Report)
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.
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