Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its holdings in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 55.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,940 shares of the company's stock after selling 57,061 shares during the quarter. Jane Street Group LLC owned 0.09% of Edgewell Personal Care worth $1,510,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Quadrant Capital Group LLC boosted its stake in shares of Edgewell Personal Care by 85.9% during the 4th quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock worth $25,000 after acquiring an additional 347 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of Edgewell Personal Care by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company's stock worth $660,000 after acquiring an additional 495 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Edgewell Personal Care by 18.7% during the 4th quarter. Blue Trust Inc. now owns 3,200 shares of the company's stock worth $116,000 after acquiring an additional 503 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in shares of Edgewell Personal Care by 2.6% during the 4th quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company's stock worth $695,000 after acquiring an additional 529 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of Edgewell Personal Care by 6.2% during the 4th quarter. Bank of Montreal Can now owns 10,890 shares of the company's stock worth $366,000 after acquiring an additional 636 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

Shares of Edgewell Personal Care stock traded up $0.27 during trading on Friday, hitting $27.38. 469,703 shares of the company were exchanged, compared to its average volume of 479,656. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. Edgewell Personal Care Co has a fifty-two week low of $24.35 and a fifty-two week high of $41.50. 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 firm has a 50 day moving average price of $29.45 and a 200 day moving average price of $31.97.

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

Edgewell Personal Care Dividend Announcement

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. The ex-dividend date is Friday, June 6th. This represents a $0.60 annualized dividend and a yield of 2.19%. Edgewell Personal Care's dividend payout ratio (DPR) is presently 35.09%.

Wall Street Analysts Forecast Growth

EPC has been the topic of several research analyst reports. Morgan Stanley decreased their price target on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating on the stock in a research note on Tuesday, February 11th. Canaccord Genuity Group cut their price objective on Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Wall Street Zen upgraded 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 research report on Thursday, May 8th. Finally, Royal Bank of Canada cut their price objective on 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. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $33.00.

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.