Nuveen LLC Invests $3.53 Million in Edgewell Personal Care Company $EPC

Key Points

• Nuveen LLC has invested approximately $3.53 million in Edgewell Personal Care Company, acquiring 113,237 shares, which accounts for about 0.23% of the company's stock.
• Analyst ratings for Edgewell Personal Care have varied, with four analysts rating it as a Buy, three as Hold, and one as Sell, while the consensus price target is $29.29.
• The company recently announced a quarterly dividend of $0.15 per share, representing an annualized yield of 2.5%.

Nuveen LLC bought a new stake in Edgewell Personal Care Company (NYSE:EPC - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 113,237 shares of the company's stock, valued at approximately $3,534,000. Nuveen LLC owned 0.23% of Edgewell Personal Care at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. PNC Financial Services Group Inc. raised its position in Edgewell Personal Care by 238.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company's stock worth $30,000 after buying an additional 687 shares during the last quarter. Blue Trust Inc. raised its position in Edgewell Personal Care by 35.3% during the 1st quarter. Blue Trust Inc. now owns 3,100 shares of the company's stock worth $97,000 after buying an additional 809 shares during the last quarter. TD Private Client Wealth LLC grew its stake in shares of Edgewell Personal Care by 24.1% during the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company's stock worth $110,000 after purchasing an additional 686 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of Edgewell Personal Care by 166.5% during the 4th 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 period. Finally, New Age Alpha Advisors LLC acquired a new position in shares of Edgewell Personal Care during the 1st quarter worth $219,000. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Trading Down 1.2%

NYSE EPC traded down $0.30 during mid-day trading on Tuesday, hitting $23.73. The company's stock had a trading volume of 562,584 shares, compared to its average volume of 917,432. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.77 and a quick ratio of 0.91. Edgewell Personal Care Company has a 52-week low of $19.13 and a 52-week high of $40.28. The stock's fifty day simple moving average is $24.41 and its two-hundred day simple moving average is $27.32. The firm has a market capitalization of $1.10 billion, a P/E ratio of 17.57 and a beta of 0.85.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($0.09). Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The firm had revenue of $627.20 million during the quarter, compared to analyst estimates of $658.51 million. During the same period last year, the business earned $1.22 EPS. The firm's revenue was down 3.2% compared to the same quarter last year. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. Research analysts expect that Edgewell Personal Care Company will post 3.16 EPS 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. Shareholders of record on Thursday, September 4th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $0.60 annualized dividend and a yield of 2.5%. Edgewell Personal Care's dividend payout ratio (DPR) is 44.44%.

Analyst Ratings Changes

A number of research firms have recently weighed in on EPC. UBS Group lowered their price target 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. Wall Street Zen upgraded shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday, May 17th. Barclays reduced their target price on shares of Edgewell Personal Care from $26.00 to $22.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 6th. Zacks Research lowered shares of Edgewell Personal Care from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 19th. Finally, Canaccord Genuity Group cut their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set a "buy" rating on the stock in a report on Wednesday, August 6th. Four 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, Edgewell Personal Care has a consensus rating of "Hold" and an average target price of $29.29.

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.