HighTower Advisors LLC Sells 575 Shares of Edgewell Personal Care Co (NYSE:EPC)

HighTower Advisors LLC lessened its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 5.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,764 shares of the company’s stock after selling 575 shares during the period. HighTower Advisors LLC’s holdings in Edgewell Personal Care were worth $362,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC raised its position in shares of Edgewell Personal Care by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock worth $41,078,000 after acquiring an additional 6,964 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Edgewell Personal Care by 4.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 817,042 shares of the company’s stock worth $27,453,000 after purchasing an additional 38,353 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in Edgewell Personal Care by 12.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock worth $25,122,000 after purchasing an additional 85,467 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Edgewell Personal Care by 6.2% in the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock valued at $24,345,000 after buying an additional 39,059 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of Edgewell Personal Care by 13.5% during the 4th quarter. Victory Capital Management Inc. now owns 477,803 shares of the company’s stock worth $16,054,000 after buying an additional 56,917 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on EPC shares. Morgan Stanley lowered 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 note on Tuesday, February 11th. UBS Group decreased their price target on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Wells Fargo & Company cut their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 11th. Canaccord Genuity Group decreased their target price on 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. Finally, Royal Bank of Canada cut their price target on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $36.57.

Edgewell Personal Care Stock Up 1.9 %

EPC stock opened at $31.24 on Tuesday. The firm has a market capitalization of $1.51 billion, a PE ratio of 17.07 and a beta of 1.04. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. Edgewell Personal Care Co has a twelve month low of $26.65 and a twelve month high of $41.50. The stock’s 50 day moving average is $31.19 and its 200-day moving average is $33.71.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share 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 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently announced 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 of this dividend is Wednesday, March 5th. This represents a $0.60 annualized dividend and a dividend yield of 1.92%. Edgewell Personal Care’s dividend payout ratio is currently 32.79%.

About Edgewell Personal Care

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.