Victory Capital Management Inc. Acquires 56,917 Shares of Edgewell Personal Care Co (NYSE:EPC)

Victory Capital Management Inc. increased its stake in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 13.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 477,803 shares of the company's stock after buying an additional 56,917 shares during the quarter. Victory Capital Management Inc. owned 0.98% of Edgewell Personal Care worth $16,054,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of EPC. Empowered Funds LLC bought a new position in shares of Edgewell Personal Care during the 3rd quarter worth approximately $6,128,000. Barclays PLC raised its position in Edgewell Personal Care by 563.6% in the 3rd quarter. Barclays PLC now owns 148,553 shares of the company's stock valued at $5,400,000 after purchasing an additional 126,168 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Edgewell Personal Care by 12.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company's stock valued at $25,122,000 after purchasing an additional 85,467 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Edgewell Personal Care by 411.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,320 shares of the company's stock valued at $3,137,000 after purchasing an additional 69,435 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its position in Edgewell Personal Care by 27.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 311,930 shares of the company's stock valued at $11,336,000 after purchasing an additional 66,960 shares during the last quarter. Institutional investors own 91.91% of the company's stock.

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Analyst Ratings Changes

Several equities analysts have issued reports on EPC shares. Morgan Stanley cut their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating for the company in a research report on Tuesday, February 11th. UBS Group cut their price objective on Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Royal Bank of Canada cut their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. Canaccord Genuity Group cut their price objective on Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating for the company in a research report on Tuesday, February 11th. Finally, Wells Fargo & Company cut their price objective on Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating for the company in a research report on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $36.57.

Edgewell Personal Care Trading Up 0.6 %

Shares of EPC stock traded up $0.18 on Friday, reaching $30.37. 316,481 shares of the stock were exchanged, compared to its average volume of 415,438. The stock has a market cap of $1.46 billion, a PE ratio of 16.59 and a beta of 1.04. Edgewell Personal Care Co has a one year low of $26.65 and a one year high of $41.50. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. The stock has a 50 day moving average price of $31.73 and a 200 day moving average price of $34.40.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The company reported $0.07 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%. Equities research analysts forecast that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a yield of 1.98%. Edgewell Personal Care's dividend payout ratio 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.