Exchange Traded Concepts LLC Raises Holdings in Edgewell Personal Care Co (NYSE:EPC)

Exchange Traded Concepts LLC grew its position in Edgewell Personal Care Co (NYSE:EPC) by 9.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,138 shares of the company’s stock after buying an additional 1,591 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Edgewell Personal Care were worth $695,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Sei Investments Co. lifted its holdings in shares of Edgewell Personal Care by 4.0% in the 1st quarter. Sei Investments Co. now owns 397,040 shares of the company’s stock worth $15,342,000 after buying an additional 15,131 shares during the period. BNP Paribas Financial Markets raised its position in shares of Edgewell Personal Care by 91.5% in the 1st quarter. BNP Paribas Financial Markets now owns 27,175 shares of the company’s stock worth $1,050,000 after acquiring an additional 12,988 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Edgewell Personal Care by 0.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company’s stock worth $145,524,000 after acquiring an additional 24,513 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Edgewell Personal Care in the 2nd quarter worth $569,000. Finally, Lombard Odier Asset Management USA Corp bought a new position in shares of Edgewell Personal Care in the 2nd quarter worth $681,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Edgewell Personal Care Stock Down 0.4 %

Shares of EPC stock opened at $35.77 on Friday. The stock’s 50-day simple moving average is $37.12 and its 200-day simple moving average is $38.16. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.94 and a current ratio of 1.79. The firm has a market capitalization of $1.77 billion, a PE ratio of 14.91 and a beta of 0.86. Edgewell Personal Care Co has a fifty-two week low of $33.27 and a fifty-two week high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced 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 business had revenue of $647.80 million for the quarter, compared to analyst estimates of $649.67 million. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The company’s revenue was down .3% on a year-over-year basis. During the same period in the prior year, the company earned $0.98 earnings per share. Equities analysts expect that Edgewell Personal Care Co will post 3 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 4th were paid a $0.15 dividend. The ex-dividend date was Wednesday, September 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.68%. Edgewell Personal Care’s payout ratio is 25.10%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on EPC shares. Truist Financial reduced their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday. UBS Group reduced 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 lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Finally, Barclays reduced their target price on Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Friday, October 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $41.00.

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.