Edgewell Personal Care Co (NYSE:EPC) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lessened its stake in Edgewell Personal Care Co (NYSE:EPC) by 4.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 79,700 shares of the company’s stock after selling 3,718 shares during the period. New York State Teachers Retirement System owned about 0.16% of Edgewell Personal Care worth $2,678,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in EPC. R Squared Ltd acquired a new stake in Edgewell Personal Care in the 4th quarter valued at approximately $36,000. Prospera Private Wealth LLC acquired a new stake in Edgewell Personal Care in the 3rd quarter valued at approximately $48,000. KBC Group NV increased its holdings in Edgewell Personal Care by 56.5% in the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock valued at $77,000 after purchasing an additional 823 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after purchasing an additional 693 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Edgewell Personal Care by 14.0% in the third quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after acquiring an additional 332 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on EPC. UBS Group dropped 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. Morgan Stanley dropped their price target 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. Royal Bank of Canada dropped their price target on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Canaccord Genuity Group dropped their price target on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Finally, Barclays dropped their price target on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $36.57.

Edgewell Personal Care Price Performance

Edgewell Personal Care stock opened at $30.81 on Friday. The stock has a market cap of $1.49 billion, a P/E ratio of 16.83 and a beta of 0.88. The company has a fifty day simple moving average of $32.57 and a 200-day simple moving average of $35.17. Edgewell Personal Care Co has a 12-month low of $26.65 and a 12-month high of $41.50. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. Equities analysts expect that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be given a $0.15 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a yield of 1.95%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 32.79%.

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.