CANADA LIFE ASSURANCE Co Reduces Holdings in Edgewell Personal Care Co (NYSE:EPC)

CANADA LIFE ASSURANCE Co trimmed its holdings in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 46.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,240 shares of the company's stock after selling 54,028 shares during the quarter. CANADA LIFE ASSURANCE Co owned approximately 0.13% of Edgewell Personal Care worth $2,058,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Barclays PLC grew its position in shares of Edgewell Personal Care by 563.6% in the 3rd quarter. Barclays PLC now owns 148,553 shares of the company's stock worth $5,400,000 after buying an additional 126,168 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Edgewell Personal Care by 2.1% in the 3rd quarter. Franklin Resources Inc. now owns 128,064 shares of the company's stock valued at $4,499,000 after purchasing an additional 2,684 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Edgewell Personal Care by 2.9% in the 3rd quarter. Principal Financial Group Inc. now owns 251,422 shares of the company's stock valued at $9,137,000 after purchasing an additional 7,018 shares during the last quarter. JPMorgan Chase & Co. grew its position in Edgewell Personal Care by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company's stock worth $24,345,000 after purchasing an additional 39,059 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Edgewell Personal Care by 208.2% in the fourth quarter. SG Americas Securities LLC now owns 16,553 shares of the company's stock worth $556,000 after buying an additional 11,183 shares during the last quarter. Institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

Shares of Edgewell Personal Care stock traded up $0.34 during trading hours on Friday, reaching $30.55. The stock had a trading volume of 60,204 shares, compared to its average volume of 456,644. Edgewell Personal Care Co has a twelve month low of $26.65 and a twelve 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. The firm has a market capitalization of $1.47 billion, a PE ratio of 16.64 and a beta of 0.94. The stock's 50 day moving average is $30.33 and its 200 day moving average is $32.76.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.96%. The ex-dividend date was Wednesday, March 5th. Edgewell Personal Care's payout ratio is presently 32.79%.

Analyst Upgrades and Downgrades

EPC has been the subject of a number of research analyst reports. UBS Group raised their target price on Edgewell Personal Care from $31.00 to $32.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. Morgan Stanley reduced 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 report on Tuesday, February 11th. Royal Bank of Canada dropped their price objective on shares of Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating on the stock in a report on Tuesday, February 11th. StockNews.com raised shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Friday, April 25th. Finally, Canaccord Genuity Group lowered their price target on shares of Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating on the stock in a report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, Edgewell Personal Care has an average rating of "Hold" and an average price target of $35.71.

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.