Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Inspire Investing LLC

Inspire Investing LLC decreased its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 5.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,782 shares of the company’s stock after selling 493 shares during the quarter. Inspire Investing LLC’s holdings in Edgewell Personal Care were worth $353,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quadrant Capital Group LLC raised its stake in Edgewell Personal Care by 82.2% in the 4th quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock worth $26,000 after acquiring an additional 315 shares during the last quarter. Clearstead Trust LLC purchased a new position in shares of Edgewell Personal Care in the second quarter worth about $33,000. Northwest Investment Counselors LLC acquired a new stake in shares of Edgewell Personal Care during the first quarter worth about $35,000. TFO Wealth Partners LLC boosted its position in 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 last quarter. Finally, Acadian Asset Management LLC purchased a new stake in Edgewell Personal Care in the second quarter valued at approximately $53,000. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

EPC has been the subject of several research reports. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday. UBS Group decreased their target price on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Finally, Barclays lowered their price target on shares of 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 investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $41.80.

Edgewell Personal Care Price Performance

NYSE:EPC opened at $36.28 on Monday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.79 and a quick ratio of 0.94. The company has a 50 day moving average price of $38.70 and a 200-day moving average price of $38.51. Edgewell Personal Care Co has a 1-year low of $33.71 and a 1-year high of $41.50. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 15.18 and a beta of 0.87.

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

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 4th will be given a dividend of $0.15 per share. The ex-dividend date 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 currently 25.10%.

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.