Charles Schwab Investment Management Inc. Boosts Stake in Edgewell Personal Care Co (NYSE:EPC)

Charles Schwab Investment Management Inc. boosted its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 817,042 shares of the company’s stock after acquiring an additional 38,353 shares during the period. Charles Schwab Investment Management Inc. owned 1.68% of Edgewell Personal Care worth $27,453,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. R Squared Ltd acquired a new position in Edgewell Personal Care during the fourth quarter worth $36,000. Wolverine Asset Management LLC boosted its position in shares of Edgewell Personal Care by 217.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after acquiring an additional 800 shares during the last quarter. Prospera Private Wealth LLC purchased a new stake in shares of Edgewell Personal Care in the third quarter valued at about $48,000. KBC Group NV increased its position in Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after purchasing an additional 823 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its stake in Edgewell Personal Care by 33.1% during the third quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after purchasing an additional 693 shares during the period. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Stock Down 0.3 %

Shares of NYSE EPC opened at $30.25 on Tuesday. Edgewell Personal Care Co has a 12-month low of $26.65 and a 12-month high of $41.50. The stock has a market cap of $1.46 billion, a P/E ratio of 16.53 and a beta of 1.04. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. The business’s fifty day simple moving average is $31.69 and its 200-day simple moving average is $34.29.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. As a group, equities analysts predict that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently declared 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 annualized dividend and a yield of 1.98%. Edgewell Personal Care’s dividend payout ratio is currently 32.79%.

Wall Street Analysts Forecast Growth

EPC has been the subject of a number of recent analyst reports. Wells Fargo & Company cut their price target on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, February 11th. Canaccord Genuity Group decreased their price target on 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. UBS Group cut their price objective on 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. Morgan Stanley lowered their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday, February 11th. Finally, Barclays dropped their price target 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 investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Edgewell Personal Care presently has an average rating of “Hold” and an average target price of $36.57.

Edgewell Personal Care Company 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.