Sherbrooke Park Advisers LLC Takes $351,000 Position in Edgewell Personal Care Co (NYSE:EPC)

Sherbrooke Park Advisers LLC acquired a new stake in Edgewell Personal Care Co (NYSE:EPC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,442 shares of the company's stock, valued at approximately $351,000.

Several other hedge funds and other institutional investors have also modified their holdings of EPC. Quadrant Capital Group LLC lifted its stake in shares of Edgewell Personal Care by 85.9% in the 4th quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock valued at $25,000 after purchasing an additional 347 shares in the last quarter. R Squared Ltd acquired a new position in Edgewell Personal Care during the 4th quarter worth approximately $36,000. Wolverine Asset Management LLC lifted its position in Edgewell Personal Care by 217.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company's stock worth $39,000 after acquiring an additional 800 shares in the last quarter. Sterling Capital Management LLC lifted its position in Edgewell Personal Care by 805.9% during the 4th 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 in the last quarter. Finally, KBC Group NV lifted its position in Edgewell Personal Care by 56.5% during the 4th quarter. KBC Group NV now owns 2,279 shares of the company's stock worth $77,000 after acquiring an additional 823 shares in the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Stock Up 1.0%

Shares of EPC traded up $0.27 during trading on Friday, reaching $27.38. The company's stock had a trading volume of 469,703 shares, compared to its average volume of 479,656. The company has a fifty day moving average of $29.45 and a two-hundred day moving average of $31.97. Edgewell Personal Care Co has a twelve month low of $24.35 and a twelve month high of $41.50. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 14.96 and a beta of 0.91. 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 (NYSE:EPC - Get Free Report) last announced its earnings results 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). 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 analyst estimates of $591.01 million. During the same period in the previous year, the company earned $0.88 earnings per share. The business's revenue for the quarter was down 3.1% on a year-over-year basis. On average, sell-side 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.19%. Edgewell Personal Care's dividend payout ratio (DPR) is 35.09%.

Wall Street Analysts Forecast Growth

EPC has been the topic of several recent research reports. Wall Street Zen raised Edgewell Personal Care from a "sell" rating to a "hold" rating in a research report on Saturday, May 17th. UBS Group boosted their price target 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. Barclays reduced their price target on Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 8th. Royal Bank of Canada reduced their price target 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, Wells Fargo & Company cut their target price on Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating on the stock in a research report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average 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.