Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lessened its stake in Edgewell Personal Care Co (NYSE:EPC) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,749 shares of the company’s stock after selling 3,635 shares during the period. Rhumbline Advisers owned 0.31% of Edgewell Personal Care worth $4,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in EPC. Empowered Funds LLC purchased a new position in Edgewell Personal Care during the 3rd quarter worth approximately $6,128,000. Chartwell Investment Partners LLC increased its holdings in shares of Edgewell Personal Care by 54.3% in the 3rd quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock valued at $7,670,000 after acquiring an additional 74,315 shares during the period. Intech Investment Management LLC acquired a new position in shares of Edgewell Personal Care in the 3rd quarter valued at $639,000. Barclays PLC raised its position in Edgewell Personal Care by 563.6% in the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after purchasing an additional 126,168 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Edgewell Personal Care by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock worth $24,345,000 after purchasing an additional 39,059 shares during the period. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Trading Down 0.8 %

NYSE EPC opened at $31.14 on Friday. The company’s 50 day moving average price is $32.30 and its 200 day moving average price is $35.00. Edgewell Personal Care Co has a one year low of $26.65 and a one year high of $41.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 17.02 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share (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%. On average, sell-side analysts predict that Edgewell Personal Care Co will post 3.16 EPS for the current year.

Edgewell Personal Care Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend is Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio (DPR) is 32.79%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on EPC. Canaccord Genuity Group decreased their price target on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. Barclays reduced their target price on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research note 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 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. Finally, Royal Bank of Canada dropped their target price on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Edgewell Personal Care presently has an average rating of “Hold” and a consensus price target 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.