Edgewell Personal Care Co (NYSE:EPC) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its position in Edgewell Personal Care Co (NYSE:EPC) by 0.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,620,865 shares of the company’s stock after purchasing an additional 24,513 shares during the quarter. Dimensional Fund Advisors LP owned approximately 7.31% of Edgewell Personal Care worth $145,524,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its position in shares of Edgewell Personal Care by 82.2% during the fourth quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock worth $26,000 after acquiring an additional 315 shares during the last quarter. Norges Bank purchased a new position in Edgewell Personal Care during the 4th quarter worth $11,647,000. Aigen Investment Management LP acquired a new position in Edgewell Personal Care in the fourth quarter valued at $267,000. US Bancorp DE boosted its stake in shares of Edgewell Personal Care by 49.1% during the fourth quarter. US Bancorp DE now owns 23,813 shares of the company’s stock worth $872,000 after buying an additional 7,841 shares during the period. Finally, SageView Advisory Group LLC purchased a new position in shares of Edgewell Personal Care during the fourth quarter worth about $339,000. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Trading Down 1.1 %

Shares of EPC opened at $36.28 on Friday. Edgewell Personal Care Co has a 1-year low of $33.71 and a 1-year high of $41.50. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.79 and a quick ratio of 0.94. The firm has a 50 day simple moving average of $38.70 and a 200-day simple moving average of $38.50. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of 15.18 and a beta of 0.87.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.21. The company had revenue of $647.80 million during the quarter, compared to analysts’ expectations of $649.67 million. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.98 earnings per share. Equities analysts forecast that Edgewell Personal Care Co will post 3 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 4th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.65%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 25.10%.

Analyst Ratings Changes

A number of research firms have weighed in on EPC. UBS Group decreased their price objective on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Barclays decreased their price target on Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating for the company in a report on Wednesday, August 7th. Finally, StockNews.com lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $41.80.

About Edgewell Personal Care

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.