Blue Trust Inc. Lowers Holdings in Edgewell Personal Care Co (NYSE:EPC)

Blue Trust Inc. decreased its holdings in Edgewell Personal Care Co (NYSE:EPC) by 15.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,291 shares of the company’s stock after selling 406 shares during the quarter. Blue Trust Inc.’s holdings in Edgewell Personal Care were worth $77,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Empowered Funds LLC acquired a new position in Edgewell Personal Care during the 3rd quarter worth approximately $6,128,000. Barclays PLC grew its holdings in Edgewell Personal Care by 563.6% during the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock worth $5,400,000 after acquiring an additional 126,168 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Edgewell Personal Care by 12.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock worth $25,122,000 after acquiring an additional 85,467 shares in the last quarter. Chartwell Investment Partners LLC grew its holdings in Edgewell Personal Care by 54.3% during the 3rd quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock worth $7,670,000 after acquiring an additional 74,315 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in Edgewell Personal Care by 411.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,320 shares of the company’s stock worth $3,137,000 after acquiring an additional 69,435 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on EPC shares. UBS Group reduced their price objective on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Canaccord Genuity Group reduced their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, February 11th. Royal Bank of Canada reduced their price objective on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. Morgan Stanley reduced their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research report on Tuesday, February 11th. Finally, Barclays reduced their price objective on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $36.57.

Edgewell Personal Care Stock Up 1.3 %

EPC stock opened at $30.81 on Monday. The company has a fifty day moving average price of $32.57 and a 200 day moving average price of $35.14. Edgewell Personal Care Co has a 12 month low of $26.65 and a 12 month high of $41.50. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 16.83 and a beta of 0.88. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. Sell-side analysts expect that Edgewell Personal Care Co will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a yield of 1.95%. Edgewell Personal Care’s payout ratio is currently 32.79%.

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.