Janus Henderson Group PLC Acquires 96,853 Shares of Edgewell Personal Care Co (NYSE:EPC)

Janus Henderson Group PLC lifted its holdings in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 116.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 179,771 shares of the company's stock after acquiring an additional 96,853 shares during the period. Janus Henderson Group PLC owned 0.37% of Edgewell Personal Care worth $6,045,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Quadrant Capital Group LLC boosted its stake in shares of Edgewell Personal Care by 85.9% in 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 period. R Squared Ltd bought a new position in shares of Edgewell Personal Care in the fourth quarter worth about $36,000. Wolverine Asset Management LLC boosted its stake in shares of Edgewell Personal Care by 217.4% in 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 period. Sterling Capital Management LLC boosted its stake in shares of Edgewell Personal Care by 805.9% in 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 period. Finally, KBC Group NV boosted its stake in shares of Edgewell Personal Care by 56.5% in 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 period. Institutional investors own 91.91% of the company's stock.

Analyst Ratings Changes

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

Edgewell Personal Care Trading Up 1.0%

EPC stock traded up $0.27 during midday trading on Friday, reaching $27.38. 469,703 shares of the company traded hands, compared to its average volume of 479,145. Edgewell Personal Care Co has a 52-week low of $24.35 and a 52-week high of $41.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The business has a 50 day moving average of $29.45 and a 200-day moving average of $32.00. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 14.96 and a beta of 0.91.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by ($0.03). The company had revenue of $580.70 million for the quarter, compared to analysts' expectations 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 for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the company earned $0.88 earnings per share. As a group, sell-side 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 announced a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, June 6th will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, June 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.19%. Edgewell Personal Care's dividend payout ratio is 35.09%.

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.