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

Deutsche Bank AG increased its position in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 53.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,283 shares of the company's stock after acquiring an additional 15,461 shares during the period. Deutsche Bank AG owned approximately 0.09% of Edgewell Personal Care worth $1,488,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EPC. Vanguard Group Inc. boosted its holdings in Edgewell Personal Care by 0.4% during 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. grew its holdings 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 worth $108,284,000 after acquiring an additional 64,257 shares during the last quarter. Brandes Investment Partners LP raised its position in shares of 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 worth $68,600,000 after purchasing an additional 355,224 shares during the period. LSV Asset Management lifted its stake in Edgewell Personal Care by 6.8% during the fourth quarter. LSV Asset Management now owns 1,166,152 shares of the company's stock valued at $39,183,000 after buying an additional 74,231 shares in the last quarter. Finally, William Blair Investment Management LLC lifted its holdings 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 valued at $29,514,000 after purchasing an additional 253,014 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on EPC. 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. Barclays cut their price objective on Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday, May 8th. Royal Bank of Canada decreased their target price on shares of Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating for the company in a research report on Thursday, May 8th. Morgan Stanley lowered their target price 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. Finally, UBS Group upped 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. One 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 data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $33.00.

Edgewell Personal Care Stock Performance

Shares of NYSE EPC traded up $0.27 during trading hours on Monday, hitting $27.38. 469,703 shares of the company's stock were exchanged, compared to its average volume of 479,656. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 14.96 and a beta of 0.91. The company's 50-day moving average price is $29.39 and its 200-day moving average price is $31.88. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. Edgewell Personal Care Co has a 1-year low of $24.35 and a 1-year high of $41.50.

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

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Friday, June 6th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care's dividend payout ratio (DPR) is presently 35.09%.

About Edgewell Personal Care

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.