JPMorgan Chase & Co. Sells 103,514 Shares of Edgewell Personal Care Co (NYSE:EPC)

JPMorgan Chase & Co. trimmed its position in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 15.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 566,400 shares of the company's stock after selling 103,514 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.16% of Edgewell Personal Care worth $19,031,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of Edgewell Personal Care during the 4th quarter worth approximately $36,000. Wolverine Asset Management LLC boosted its holdings in shares of 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 period. KBC Group NV grew its position in shares of Edgewell Personal Care by 56.5% during the fourth 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. TD Private Client Wealth LLC increased its holdings in shares of Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company's stock worth $101,000 after acquiring an additional 693 shares during the period. Finally, Blue Trust Inc. grew its position in 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 purchasing an additional 503 shares during the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Trading Up 0.8 %

NYSE EPC traded up $0.24 during trading hours on Wednesday, hitting $29.73. The company's stock had a trading volume of 26,532 shares, compared to its average volume of 452,488. The stock has a fifty day moving average of $30.24 and a 200 day moving average of $33.12. 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 Co has a twelve month low of $26.65 and a twelve month high of $41.50. The firm has a market capitalization of $1.43 billion, a P/E ratio of 16.22 and a beta of 0.94.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. Equities research analysts forecast that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.60 annualized dividend and a yield of 2.02%. Edgewell Personal Care's payout ratio is presently 32.79%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Royal Bank of Canada decreased their target price on shares of Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. UBS Group cut their target price on Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Barclays cut their price objective on Edgewell Personal Care from $30.00 to $28.00 and set an "equal weight" rating for the company in a report on Friday, April 11th. Canaccord Genuity Group cut their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating for the company in a research note on Tuesday, February 11th. Finally, Wells Fargo & Company cut their price target on Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating for the company in a research note on Tuesday, February 11th. 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 stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $36.29.

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.