Deutsche Bank AG Purchases 15,461 Shares of Edgewell Personal Care Co (NYSE:EPC)

Deutsche Bank AG raised its holdings in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 53.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,283 shares of the company's stock after acquiring an additional 15,461 shares during the quarter. Deutsche Bank AG owned about 0.09% of Edgewell Personal Care worth $1,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Edgewell Personal Care by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company's stock worth $194,875,000 after buying an additional 24,850 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Edgewell Personal Care by 2.0% in the 4th quarter. American Century Companies Inc. now owns 3,222,739 shares of the company's stock valued at $108,284,000 after purchasing an additional 64,257 shares in the last quarter. Brandes Investment Partners LP boosted its position in Edgewell Personal Care by 21.1% during the fourth quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company's stock valued at $68,600,000 after buying an additional 355,224 shares during the period. LSV Asset Management grew its position in Edgewell Personal Care by 6.8% during the 4th quarter. LSV Asset Management now owns 1,166,152 shares of the company's stock worth $39,183,000 after acquiring an additional 74,231 shares during the last quarter. Finally, William Blair Investment Management LLC increased its stake in shares of Edgewell Personal Care by 40.5% in the fourth quarter. William Blair Investment Management LLC now owns 878,390 shares of the company's stock worth $29,514,000 after buying an additional 253,014 shares during the period. Hedge funds and other institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

EPC stock traded down $0.07 during midday trading on Thursday, hitting $27.66. The company's stock had a trading volume of 502,321 shares, compared to its average volume of 480,541. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 15.11 and a beta of 0.91. The company has a 50 day moving average of $29.29 and a two-hundred day moving average of $31.77. Edgewell Personal Care Co has a 12 month low of $24.35 and a 12 month high of $41.50. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by ($0.03). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. The firm had revenue of $580.70 million during the quarter, compared to the consensus estimate of $591.01 million. During the same period in the previous year, the firm earned $0.88 EPS. The business's revenue was down 3.1% compared to the same quarter last year. On average, analysts expect that Edgewell Personal Care Co will post 3.16 EPS for the current year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Friday, June 6th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.60 annualized dividend and a yield of 2.17%. Edgewell Personal Care's dividend payout ratio is currently 35.09%.

Analyst Ratings Changes

A number of research analysts have issued reports on EPC shares. Morgan Stanley reduced their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating on the stock in a research report on Tuesday, February 11th. UBS Group boosted their price target 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. Canaccord Genuity Group dropped their target price on shares of Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Wall Street Zen raised shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a research report on Saturday, May 17th. Finally, Royal Bank of Canada decreased their target price on Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $33.00.

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.