Mutual of America Capital Management LLC Sells 728 Shares of Edgewell Personal Care Co (NYSE:EPC)

Mutual of America Capital Management LLC trimmed its stake in Edgewell Personal Care Co (NYSE:EPC) by 8.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,417 shares of the company’s stock after selling 728 shares during the period. Mutual of America Capital Management LLC’s holdings in Edgewell Personal Care were worth $270,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Empowered Funds LLC purchased a new stake in shares of Edgewell Personal Care in the third quarter worth $6,128,000. Dimensional Fund Advisors LP lifted its holdings in shares of Edgewell Personal Care by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company’s stock worth $145,524,000 after buying an additional 24,513 shares in the last quarter. Chartwell Investment Partners LLC grew its stake in Edgewell Personal Care by 54.3% during the third quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock valued at $7,670,000 after acquiring an additional 74,315 shares in the last quarter. Sei Investments Co. lifted its stake in Edgewell Personal Care by 6.8% in the 2nd quarter. Sei Investments Co. now owns 424,159 shares of the company’s stock worth $17,045,000 after purchasing an additional 27,119 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Edgewell Personal Care during the second quarter valued at about $569,000. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on EPC shares. Barclays lowered their target price on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a research report on Monday, November 11th. Truist Financial cut 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, October 16th. UBS Group reduced their target price on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. Finally, StockNews.com lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Edgewell Personal Care currently has an average rating of “Moderate Buy” and a consensus target price of $42.40.

Edgewell Personal Care Trading Down 0.7 %

Shares of NYSE:EPC opened at $36.70 on Friday. The business’s fifty day simple moving average is $35.42 and its 200-day simple moving average is $37.82. Edgewell Personal Care Co has a 12-month low of $33.27 and a 12-month high of $41.50. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $1.79 billion, a PE ratio of 18.72 and a beta of 0.86.

Edgewell Personal Care (NYSE:EPC) last posted its earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The company had revenue of $517.60 million during the quarter, compared to analysts’ expectations of $535.23 million. During the same quarter in the prior year, the company posted $0.72 earnings per share. Edgewell Personal Care’s revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, equities research analysts predict that Edgewell Personal Care Co will post 3.21 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Tuesday, December 3rd. Edgewell Personal Care’s payout ratio is currently 30.61%.

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.