GAMMA Investing LLC Increases Stock Position in Edgewell Personal Care Company (NYSE:EPC)

GAMMA Investing LLC boosted its stake in Edgewell Personal Care Company (NYSE:EPC - Free Report) by 4,732.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,002 shares of the company's stock after purchasing an additional 22,526 shares during the quarter. GAMMA Investing LLC's holdings in Edgewell Personal Care were worth $737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Central Pacific Bank Trust Division grew its holdings in shares of Edgewell Personal Care by 4.5% in the first quarter. Central Pacific Bank Trust Division now owns 17,450 shares of the company's stock worth $545,000 after purchasing an additional 750 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new stake in Edgewell Personal Care in the fourth quarter valued at $351,000. ProShare Advisors LLC boosted its holdings in Edgewell Personal Care by 42.7% in the fourth quarter. ProShare Advisors LLC now owns 14,645 shares of the company's stock valued at $492,000 after acquiring an additional 4,379 shares in the last quarter. Millennium Management LLC boosted its holdings in Edgewell Personal Care by 117.3% in the fourth quarter. Millennium Management LLC now owns 443,507 shares of the company's stock valued at $14,902,000 after acquiring an additional 239,404 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Edgewell Personal Care by 2.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,633 shares of the company's stock valued at $928,000 after acquiring an additional 702 shares in the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

Edgewell Personal Care Stock Up 0.8%

Shares of EPC stock traded up $0.19 during mid-day trading on Friday, reaching $23.19. 1,602,998 shares of the company's stock 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 company has a market cap of $1.09 billion, a P/E ratio of 13.56 and a beta of 0.84. The company has a quick ratio of 0.93, a current ratio of 1.89 and a debt-to-equity ratio of 0.95. The company's 50-day moving average price is $27.81 and its 200-day moving average price is $30.53.

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 analysts' expectations of $591.01 million. Edgewell Personal Care had a return on equity of 9.20% and a net margin of 3.81%. Edgewell Personal Care's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.88 EPS. On average, equities analysts expect that Edgewell Personal Care Company will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, June 6th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care's dividend payout ratio is presently 35.09%.

Wall Street Analysts Forecast Growth

EPC has been the topic of several recent analyst reports. UBS Group lifted their price target on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Wall Street Zen upgraded shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday, May 17th. 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. Barclays dropped their target price on shares of Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating on the stock in a report on Thursday, May 8th. Finally, Wells Fargo & Company dropped their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" 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. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $33.00.

Edgewell Personal Care Company 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.