Sanctuary Advisors LLC Makes New Investment in Edgewell Personal Care Co (NYSE:EPC)

Sanctuary Advisors LLC acquired a new stake in Edgewell Personal Care Co (NYSE:EPC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,634 shares of the company’s stock, valued at approximately $660,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clearstead Trust LLC acquired a new stake in Edgewell Personal Care in the 2nd quarter worth $33,000. Northwest Investment Counselors LLC acquired a new stake in Edgewell Personal Care during the first quarter worth about $35,000. Acadian Asset Management LLC bought a new position in Edgewell Personal Care during the second quarter valued at about $53,000. Innealta Capital LLC acquired a new position in Edgewell Personal Care in the 2nd quarter valued at approximately $76,000. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Edgewell Personal Care in the 2nd quarter worth approximately $84,000. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Stock Up 2.2 %

Shares of NYSE:EPC opened at $34.85 on Monday. The company’s fifty day moving average is $37.28 and its 200-day moving average is $38.24. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.94 and a current ratio of 1.79. Edgewell Personal Care Co has a 52 week low of $33.27 and a 52 week high of $41.50. The company has a market capitalization of $1.73 billion, a PE ratio of 14.58 and a beta of 0.86.

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

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $0.60 annualized dividend and a yield of 1.72%. Edgewell Personal Care’s dividend payout ratio (DPR) is 25.10%.

Analyst Ratings Changes

A number of research analysts recently commented on EPC shares. Barclays cut their target price on Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday. UBS Group dropped their price objective on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Finally, StockNews.com lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $41.20.

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.