Edgewell Personal Care Co (NYSE:EPC) Shares Acquired by Gotham Asset Management LLC

Gotham Asset Management LLC grew its holdings in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 55.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,846 shares of the company's stock after purchasing an additional 12,011 shares during the quarter. Gotham Asset Management LLC owned approximately 0.07% of Edgewell Personal Care worth $1,137,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Quadrant Capital Group LLC boosted its position in Edgewell Personal Care by 85.9% during the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock worth $25,000 after acquiring an additional 347 shares during the last quarter. R Squared Ltd acquired a new stake in Edgewell Personal Care during the fourth quarter worth approximately $36,000. Wolverine Asset Management LLC boosted its position in Edgewell Personal Care by 217.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company's stock worth $39,000 after acquiring an additional 800 shares during the last quarter. Sterling Capital Management LLC boosted its position in Edgewell Personal Care by 805.9% during the fourth quarter. Sterling Capital Management LLC now owns 1,531 shares of the company's stock worth $51,000 after acquiring an additional 1,362 shares during the last quarter. Finally, KBC Group NV boosted its position in Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company's stock worth $77,000 after acquiring an additional 823 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Morgan Stanley decreased 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. UBS Group raised their target price on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. Canaccord Genuity Group cut their price target on shares of Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Barclays cut their price target on shares of Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 8th. Finally, Royal Bank of Canada cut their price target on shares of Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating on the stock in a research note on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $33.00.

Edgewell Personal Care Trading Up 1.0%

Shares of EPC stock traded up $0.27 during mid-day trading on Friday, reaching $27.38. The company's stock had a trading volume of 469,703 shares, compared to its average volume of 479,145. The company's 50 day simple moving average is $29.45 and its 200-day simple moving average is $32.00. 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. The firm has a market capitalization of $1.29 billion, a PE ratio of 14.96 and a beta of 0.91.

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

Edgewell Personal Care Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Friday, June 6th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Friday, June 6th. Edgewell Personal Care's payout ratio 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.