UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Holdings in Edgewell Personal Care Co (NYSE:EPC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 31.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,842 shares of the company's stock after selling 45,282 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.21% of Edgewell Personal Care worth $3,388,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Quadrant Capital Group LLC raised its holdings in Edgewell Personal Care by 85.9% during the 4th quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock valued at $25,000 after buying an additional 347 shares during the period. Wolverine Asset Management LLC increased its position in Edgewell Personal Care by 217.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company's stock valued at $39,000 after acquiring an additional 800 shares during the last quarter. Sterling Capital Management LLC raised 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 valued at $51,000 after acquiring an additional 1,362 shares during the period. KBC Group NV lifted its holdings in shares of Edgewell Personal Care by 56.5% in 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 during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Edgewell Personal Care by 18.7% in 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 during the last quarter. Hedge funds and other institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Trading Up 1.3%

Shares of NYSE:EPC traded up $0.34 during trading on Friday, reaching $27.09. 538,194 shares of the company were exchanged, compared to its average volume of 486,583. The business's fifty day simple moving average is $28.84 and its 200-day simple moving average is $31.38. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. Edgewell Personal Care Co has a 12-month low of $24.35 and a 12-month high of $41.50. The firm has a market capitalization of $1.27 billion, a PE ratio of 14.80 and a beta of 0.84.

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

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors 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 dividend yield of 2.22%. Edgewell Personal Care's payout ratio is currently 35.09%.

Analyst Upgrades and Downgrades

EPC has been the topic of several analyst reports. Royal Bank of Canada cut their price target on shares of Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th. UBS Group boosted their target price on Edgewell Personal Care from $31.00 to $32.00 and gave the company 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 report on Thursday, May 8th. Wall Street Zen raised Edgewell Personal Care from a "sell" rating to a "hold" rating in a research note on Saturday, May 17th. Finally, Canaccord Genuity Group dropped their price objective on Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating for the company in a report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, Edgewell Personal Care currently has an average rating of "Hold" and an average price target of $33.00.

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.