Texas Permanent School Fund Corp Has $1.62 Million Position in Edgewell Personal Care Co (NYSE:EPC)

Texas Permanent School Fund Corp cut its position in Edgewell Personal Care Co (NYSE:EPC) by 7.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,298 shares of the company’s stock after selling 3,403 shares during the quarter. Texas Permanent School Fund Corp owned about 0.08% of Edgewell Personal Care worth $1,620,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EPC. Quadrant Capital Group LLC raised its holdings in shares of Edgewell Personal Care by 82.2% during the 4th quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock worth $26,000 after buying an additional 315 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in Edgewell Personal Care in the 1st quarter worth about $35,000. TFO Wealth Partners LLC increased its stake in shares of Edgewell Personal Care by 32,900.0% in the fourth quarter. TFO Wealth Partners LLC now owns 990 shares of the company’s stock valued at $36,000 after buying an additional 987 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Edgewell Personal Care in the second quarter valued at about $53,000. Finally, Innealta Capital LLC acquired a new stake in shares of Edgewell Personal Care in the second quarter valued at about $76,000. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Trading Down 0.1 %

Shares of EPC stock opened at $36.44 on Thursday. The firm has a market cap of $1.81 billion, a P/E ratio of 15.25 and a beta of 0.87. The business has a 50-day moving average price of $38.91 and a two-hundred day moving average price of $38.53. The company has a quick ratio of 0.94, a current ratio of 1.79 and a debt-to-equity ratio of 0.82. Edgewell Personal Care Co has a 12-month low of $33.71 and a 12-month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.21. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The company had revenue of $647.80 million for the quarter, compared to the consensus estimate of $649.67 million. During the same quarter in the previous year, the business earned $0.98 EPS. Edgewell Personal Care’s revenue was down .3% compared to the same quarter last year. Equities analysts anticipate that Edgewell Personal Care Co will post 3 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a $0.60 dividend on an annualized basis and a yield of 1.65%. Edgewell Personal Care’s dividend payout ratio is presently 25.10%.

Analyst Upgrades and Downgrades

EPC has been the topic of several research analyst reports. UBS Group cut their target price on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th. StockNews.com upgraded Edgewell Personal Care from a “hold” rating to a “buy” rating in a report on Wednesday, September 11th. Finally, Barclays dropped their target price on Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $41.80.

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.