Edgewell Personal Care Co (NYSE:EPC) Shares Acquired by Wellington Management Group LLP

Wellington Management Group LLP increased its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 16.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,022 shares of the company’s stock after acquiring an additional 23,330 shares during the quarter. Wellington Management Group LLP owned about 0.34% of Edgewell Personal Care worth $6,155,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. HighTower Advisors LLC lifted its holdings in shares of Edgewell Personal Care by 53.9% in the 3rd quarter. HighTower Advisors LLC now owns 13,976 shares of the company’s stock valued at $527,000 after purchasing an additional 4,897 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Edgewell Personal Care by 6.9% in the third quarter. Deutsche Bank AG now owns 27,510 shares of the company’s stock valued at $1,017,000 after acquiring an additional 1,766 shares during the period. FMR LLC grew its position in shares of Edgewell Personal Care by 4,213.9% during the third quarter. FMR LLC now owns 104,872 shares of the company’s stock worth $3,876,000 after acquiring an additional 102,441 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Edgewell Personal Care by 11.1% in the 3rd quarter. Invesco Ltd. now owns 424,109 shares of the company’s stock valued at $15,675,000 after acquiring an additional 42,456 shares during the period. Finally, Gotham Asset Management LLC raised its position in Edgewell Personal Care by 217.8% in the 3rd quarter. Gotham Asset Management LLC now owns 17,775 shares of the company’s stock valued at $657,000 after purchasing an additional 12,181 shares during the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EPC has been the topic of a number of recent research reports. StockNews.com upgraded shares of Edgewell Personal Care from a “hold” rating to a “buy” rating in a research note on Saturday. Canaccord Genuity Group boosted their price target on Edgewell Personal Care from $52.00 to $53.00 and gave the company a “buy” rating in a research report on Thursday, May 9th. Finally, Barclays lifted their target price on 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. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $42.25.

Edgewell Personal Care Trading Down 0.7 %

NYSE EPC opened at $40.19 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.84 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $1.99 billion, a P/E ratio of 16.82 and a beta of 0.84. Edgewell Personal Care Co has a 52-week low of $33.71 and a 52-week high of $42.15. The firm has a 50-day moving average price of $38.94 and a 200 day moving average price of $37.88.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Wednesday, May 8th. The company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $606.74 million. During the same period in the prior year, the business posted $0.56 EPS. The company’s revenue for the quarter was up .2% on a year-over-year basis. Equities research analysts expect that Edgewell Personal Care Co will post 2.92 EPS for the current year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Thursday, June 6th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, June 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.49%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 25.10%.

Edgewell Personal Care Company 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.