Wealthfront Advisers LLC purchased a new position in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,864 shares of the company's stock, valued at approximately $331,000.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Empowered Funds LLC acquired a new position in Edgewell Personal Care in the 3rd quarter worth $6,128,000. Intech Investment Management LLC acquired a new position in Edgewell Personal Care in the 3rd quarter worth $639,000. Barclays PLC lifted its holdings in Edgewell Personal Care by 563.6% in the 3rd quarter. Barclays PLC now owns 148,553 shares of the company's stock worth $5,400,000 after buying an additional 126,168 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Edgewell Personal Care by 6.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company's stock worth $24,345,000 after buying an additional 39,059 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings 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 worth $25,122,000 after buying an additional 85,467 shares in the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.
Edgewell Personal Care Stock Performance
EPC traded down $0.37 on Thursday, hitting $29.65. 447,509 shares of the company's stock were exchanged, compared to its average volume of 417,362. The firm has a market cap of $1.43 billion, a PE ratio of 16.20 and a beta of 1.04. Edgewell Personal Care Co has a twelve month low of $26.65 and a twelve month high of $41.50. The stock has a fifty day moving average of $31.61 and a two-hundred day moving average of $34.19. 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 (NYSE:EPC - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. On average, research analysts anticipate that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.
Edgewell Personal Care Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be paid 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 yield of 2.02%. Edgewell Personal Care's dividend payout ratio (DPR) is 32.79%.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. Royal Bank of Canada cut their price objective on shares of Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating on the stock in a report on Tuesday, February 11th. Morgan Stanley cut their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating on the stock in a research note on Tuesday, February 11th. Barclays cut their target price on shares of Edgewell Personal Care from $33.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 11th. Wells Fargo & Company cut their target price on shares of Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 11th. Finally, Canaccord Genuity Group cut their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating on the stock in a research note on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Edgewell Personal Care currently has a consensus rating of "Hold" and a consensus price target of $36.57.
View Our Latest Report on Edgewell Personal Care
About Edgewell Personal Care
(
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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