Yousif Capital Management LLC Trims Stock Position in Edgewell Personal Care Co (NYSE:EPC)

Yousif Capital Management LLC reduced its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,582 shares of the company’s stock after selling 605 shares during the quarter. Yousif Capital Management LLC’s holdings in Edgewell Personal Care were worth $624,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Blue Trust Inc. increased its position in Edgewell Personal Care by 14.0% during the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock valued at $108,000 after purchasing an additional 332 shares during the period. Exchange Traded Concepts LLC increased its position in Edgewell Personal Care by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company’s stock valued at $660,000 after purchasing an additional 495 shares during the period. TD Private Client Wealth LLC increased its position in Edgewell Personal Care by 33.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after purchasing an additional 693 shares during the period. KBC Group NV increased its position in Edgewell Personal Care by 56.5% during the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock valued at $77,000 after purchasing an additional 823 shares during the period. Finally, R Squared Ltd purchased a new position in Edgewell Personal Care during the 4th quarter valued at $36,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

Edgewell Personal Care Stock Up 0.3 %

Shares of EPC opened at $29.81 on Monday. The company has a market cap of $1.45 billion, a PE ratio of 15.21 and a beta of 0.88. The business has a fifty day moving average of $33.13 and a 200 day moving average of $35.42. Edgewell Personal Care Co has a 52-week low of $26.65 and a 52-week high of $41.50. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. On average, sell-side analysts expect that Edgewell Personal Care Co will post 3.19 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a yield of 2.01%. Edgewell Personal Care’s payout ratio is 30.61%.

Analysts Set New Price Targets

A number of analysts have recently commented on EPC shares. Wells Fargo & Company dropped 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 report on Tuesday, February 11th. Morgan Stanley dropped their price target 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. UBS Group dropped their price target on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Canaccord Genuity Group dropped their price target 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. Finally, Royal Bank of Canada dropped their price target on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $36.57.

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.