Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,659 shares of the company’s stock after selling 1,063 shares during the period. Thrivent Financial for Lutherans owned about 0.08% of Edgewell Personal Care worth $1,265,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brandes Investment Partners LP grew its holdings in shares of Edgewell Personal Care by 21.1% in the fourth quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company’s stock valued at $68,600,000 after purchasing an additional 355,224 shares in the last quarter. William Blair Investment Management LLC grew its stake in Edgewell Personal Care by 40.5% during the 4th quarter. William Blair Investment Management LLC now owns 878,390 shares of the company’s stock worth $29,514,000 after purchasing an additional 253,014 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Edgewell Personal Care during the 4th quarter worth about $7,473,000. 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 in the last quarter. Finally, Madison Investment Advisors LLC purchased a new position in shares of Edgewell Personal Care in the 4th quarter valued at about $3,866,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Canaccord Genuity Group cut their target price 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. Royal Bank of Canada dropped their price objective on shares of 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. Barclays decreased 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. Wells Fargo & Company dropped their target price on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a report on Tuesday, February 11th. Finally, StockNews.com downgraded Edgewell Personal Care from a “hold” rating to a “sell” rating in a report on Saturday. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $36.57.

Edgewell Personal Care Price Performance

Shares of NYSE:EPC opened at $31.24 on Tuesday. Edgewell Personal Care Co has a 12 month low of $26.65 and a 12 month high of $41.50. The firm has a market capitalization of $1.51 billion, a P/E ratio of 17.07 and a beta of 1.04. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. The company’s fifty day moving average price is $31.19 and its 200 day moving average price is $33.71.

Edgewell Personal Care (NYSE:EPC) last posted 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, sell-side analysts predict that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.92%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 32.79%.

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.