SageView Advisory Group LLC Makes New $339,000 Investment in Edgewell Personal Care Co (NYSE:EPC)

SageView Advisory Group LLC bought a new stake in shares of Edgewell Personal Care Co (NYSE:EPC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,000 shares of the company’s stock, valued at approximately $339,000.

A number of other institutional investors and hedge funds have also made changes to their positions in EPC. Quadrant Capital Group LLC grew its stake in Edgewell Personal Care by 82.2% during the 4th quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock worth $26,000 after buying an additional 315 shares during the last quarter. TFO Wealth Partners LLC grew its position in shares of Edgewell Personal Care by 32,900.0% during the fourth quarter. TFO Wealth Partners LLC now owns 990 shares of the company’s stock worth $36,000 after acquiring an additional 987 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in shares of Edgewell Personal Care in the 4th quarter worth about $239,000. Aigen Investment Management LP bought a new stake in Edgewell Personal Care in the 4th quarter valued at about $267,000. Finally, Pearl River Capital LLC acquired a new position in Edgewell Personal Care during the 3rd quarter valued at about $273,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Edgewell Personal Care Stock Performance

EPC opened at $39.51 on Thursday. Edgewell Personal Care Co has a 1-year low of $33.71 and a 1-year high of $43.47. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 16.53 and a beta of 0.84. The business has a 50 day moving average price of $38.32 and a two-hundred day moving average price of $37.64. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.84 and a quick ratio of 0.92.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Wednesday, May 8th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.14. Edgewell Personal Care had a return on equity of 9.29% and a net margin of 5.40%. The business had revenue of $599.40 million during the quarter, compared to analysts’ expectations of $606.74 million. During the same quarter last year, the business posted $0.56 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis. Research analysts predict that Edgewell Personal Care Co will post 2.92 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Thursday, June 6th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.52%. Edgewell Personal Care’s payout ratio is currently 25.10%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Barclays raised their price target on shares of Edgewell Personal Care from $37.00 to $40.00 and gave the company an “equal weight” rating in a research note on Friday, May 10th. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Canaccord Genuity Group lifted their price objective on shares of Edgewell Personal Care from $52.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, Edgewell Personal Care presently has an average rating of “Hold” and an average price target of $42.25.

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.