GAMMA Investing LLC Purchases 22,526 Shares of Edgewell Personal Care Company (NYSE:EPC)

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

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

Edgewell Personal Care Stock Down 2.2%

NYSE EPC opened at $22.80 on Wednesday. The company has a current ratio of 1.89, a quick ratio of 0.93 and a debt-to-equity ratio of 0.95. Edgewell Personal Care Company has a 1-year low of $22.63 and a 1-year high of $41.50. The company has a 50 day moving average of $28.20 and a 200-day moving average of $30.84. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 13.33 and a beta of 0.84.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.87 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $580.70 million for the quarter, compared to analyst estimates of $591.01 million. During the same quarter in the prior year, the firm earned $0.88 earnings per share. The firm's revenue for the quarter was down 3.1% on a year-over-year basis. On average, equities research analysts expect that Edgewell Personal Care Company will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors 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 dividend yield of 2.63%. Edgewell Personal Care's dividend payout ratio is 35.09%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Wells Fargo & Company reduced their price target on Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Barclays reduced 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. Wall Street Zen upgraded Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday, May 17th. UBS Group boosted their price objective on 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 reduced their price objective on Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating for the company 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 company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average 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.

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