Edgewell Personal Care Company (NYSE:EPC) Shares Purchased by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC raised its holdings in Edgewell Personal Care Company (NYSE:EPC - Free Report) by 196.3% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 58,177 shares of the company's stock after acquiring an additional 38,544 shares during the quarter. Exchange Traded Concepts LLC owned approximately 0.12% of Edgewell Personal Care worth $1,816,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of EPC. Brandes Investment Partners LP grew its holdings in shares of Edgewell Personal Care by 21.1% in 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 last quarter. William Blair Investment Management LLC grew its stake in Edgewell Personal Care by 40.5% in the 4th quarter. William Blair Investment Management LLC now owns 878,390 shares of the company's stock worth $29,514,000 after acquiring an additional 253,014 shares in the last quarter. Millennium Management LLC grew its stake in Edgewell Personal Care by 117.3% in the 4th quarter. Millennium Management LLC now owns 443,507 shares of the company's stock worth $14,902,000 after acquiring an additional 239,404 shares in the last quarter. Raymond James Financial Inc. bought a new position in Edgewell Personal Care in the 4th quarter worth about $7,473,000. Finally, Marshall Wace LLP bought a new position in Edgewell Personal Care in the 4th quarter worth about $5,040,000. Institutional investors own 91.91% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Wells Fargo & Company dropped their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. Canaccord Genuity Group dropped their price target on Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Barclays dropped their price target on Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 8th. UBS Group increased their target price on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th. Finally, Royal Bank Of Canada dropped their target price on shares of 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 equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $33.00.

Edgewell Personal Care Stock Up 0.8%

EPC stock traded up $0.19 during trading on Friday, reaching $23.19. 1,602,998 shares of the company traded hands, compared to its average volume of 505,121. Edgewell Personal Care Company has a 12 month low of $22.61 and a 12 month high of $41.50. The business has a 50 day simple moving average of $27.81 and a 200 day simple moving average of $30.53. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 13.56 and a beta of 0.84. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.93 and a current ratio of 1.89.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by ($0.03). Edgewell Personal Care had a net margin of 3.81% and a return on equity of 9.20%. The company had revenue of $580.70 million for the quarter, compared to the consensus estimate of $591.01 million. During the same period in the previous year, the business earned $0.88 EPS. Edgewell Personal Care's revenue for the quarter was down 3.1% compared to the same quarter last year. On average, equities research analysts anticipate that Edgewell Personal Care Company will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Friday, June 6th will be paid 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 2.59%. Edgewell Personal Care's dividend payout ratio (DPR) is 35.09%.

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.