Landscape Capital Management L.L.C. Makes New $2.30 Million Investment in Edgewell Personal Care Company $EPC

Key Points

• Landscape Capital Management L.L.C. has acquired 73,678 shares of Edgewell Personal Care Company valued at approximately $2,299,000, representing a 0.16% ownership stake.
• Recent institutional changes include Vanguard Group increasing its stake by 4.6% to 6,066,471 shares, while Millennium Management boosted its position by 117.3% in the last quarter.
• Edgewell Personal Care reported earnings of $0.92 per share for the last quarter, missing expectations, and declared a quarterly dividend of $0.15, with a yield of 2.5%.

Landscape Capital Management L.L.C. bought a new position in Edgewell Personal Care Company (NYSE:EPC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 73,678 shares of the company's stock, valued at approximately $2,299,000. Landscape Capital Management L.L.C. owned about 0.16% of Edgewell Personal Care at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its position in shares of Edgewell Personal Care by 238.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company's stock worth $30,000 after purchasing an additional 687 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Edgewell Personal Care by 35.3% in the first quarter. Blue Trust Inc. now owns 3,100 shares of the company's stock worth $97,000 after acquiring an additional 809 shares during the period. TD Private Client Wealth LLC lifted its position in Edgewell Personal Care by 24.1% during the first quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company's stock valued at $110,000 after purchasing an additional 686 shares during the period. Tower Research Capital LLC TRC boosted its holdings in Edgewell Personal Care by 166.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,362 shares of the company's stock worth $147,000 after purchasing an additional 2,725 shares during the last quarter. Finally, New Age Alpha Advisors LLC bought a new stake in Edgewell Personal Care in the 1st quarter worth approximately $219,000. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Price Performance

Shares of EPC traded down $0.27 during mid-day trading on Wednesday, hitting $23.45. 89,398 shares of the stock were exchanged, compared to its average volume of 660,476. The company has a market cap of $1.09 billion, a PE ratio of 17.35 and a beta of 0.85. Edgewell Personal Care Company has a 52-week low of $19.13 and a 52-week high of $40.25. The firm has a 50-day moving average of $24.41 and a two-hundred day moving average of $27.32. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.91 and a current ratio of 1.77.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.09). Edgewell Personal Care had a return on equity of 8.06% and a net margin of 2.94%.The business had revenue of $627.20 million during the quarter, compared to the consensus estimate of $658.51 million. During the same quarter in the prior year, the firm posted $1.22 EPS. The company's revenue for the quarter was down 3.2% on a year-over-year basis. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. On average, equities analysts predict that Edgewell Personal Care Company will post 3.16 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Thursday, September 4th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, September 4th. Edgewell Personal Care's dividend payout ratio is 44.44%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wells Fargo & Company reduced their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Canaccord Genuity Group cut their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set a "buy" rating for the company in a research report on Wednesday, August 6th. Morgan Stanley upgraded Edgewell Personal Care from an "underweight" rating to an "equal weight" rating and lowered their target price for the company from $26.00 to $23.00 in a research report on Wednesday, August 6th. UBS Group decreased their target price on shares of Edgewell Personal Care from $28.00 to $21.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 6th. Finally, 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 for the company in a report on Thursday, May 8th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $29.29.

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.