Edgewell Personal Care Company (NYSE:EPC) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its stake in shares of Edgewell Personal Care Company (NYSE:EPC - Free Report) by 13.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 542,525 shares of the company's stock after buying an additional 64,722 shares during the quarter. Victory Capital Management Inc. owned 1.12% of Edgewell Personal Care worth $16,932,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. GAMMA Investing LLC increased its holdings in Edgewell Personal Care by 4,732.4% during the 1st quarter. GAMMA Investing LLC now owns 23,002 shares of the company's stock worth $737,000 after purchasing an additional 22,526 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Edgewell Personal Care by 3.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,986 shares of the company's stock worth $561,000 after purchasing an additional 517 shares during the last quarter. Blue Trust Inc. increased its holdings 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 purchasing an additional 809 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Edgewell Personal Care by 2.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,633 shares of the company's stock worth $928,000 after purchasing an additional 702 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in Edgewell Personal Care by 71.3% during the 4th quarter. LPL Financial LLC now owns 12,057 shares of the company's stock worth $405,000 after purchasing an additional 5,019 shares during the last quarter. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Wells Fargo & Company dropped their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating on the stock in a report on Thursday, May 8th. Barclays lifted their target price on Edgewell Personal Care from $25.00 to $26.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 15th. UBS Group lifted 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 for the company in a research report on Thursday, May 8th. Finally, Wall Street Zen upgraded Edgewell Personal Care from a "sell" rating to a "hold" rating in a research report on Saturday, May 17th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $33.14.

Edgewell Personal Care Stock Performance

NYSE:EPC traded up $0.21 during midday trading on Friday, reaching $26.96. 370,618 shares of the company traded hands, compared to its average volume of 765,094. Edgewell Personal Care Company has a twelve month low of $22.61 and a twelve month high of $40.71. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 15.77 and a beta of 0.78. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.89 and a quick ratio of 0.93. The company has a fifty day moving average price of $25.66 and a 200 day moving average price of $28.94.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released 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). Edgewell Personal Care had a net margin of 3.81% and a return on equity of 9.20%. The company had revenue of $580.70 million for the quarter, compared to analyst estimates of $591.01 million. During the same quarter in the prior year, the firm earned $0.88 EPS. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. On average, analysts expect that Edgewell Personal Care Company will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Friday, June 6th were given a dividend of $0.15 per share. The ex-dividend date was Friday, June 6th. This represents a $0.60 dividend on an annualized basis and a yield of 2.23%. Edgewell Personal Care's dividend payout ratio is currently 35.09%.

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.