Marshall Wace LLP Makes New $5.04 Million Investment in Edgewell Personal Care Co (NYSE:EPC)

Marshall Wace LLP bought a new position in Edgewell Personal Care Co (NYSE:EPC - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 149,993 shares of the company's stock, valued at approximately $5,040,000. Marshall Wace LLP owned 0.31% of Edgewell Personal Care at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quadrant Capital Group LLC lifted its holdings in shares of Edgewell Personal Care by 85.9% during the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock valued at $25,000 after acquiring an additional 347 shares during the period. Exchange Traded Concepts LLC lifted its holdings in shares of Edgewell Personal Care by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company's stock valued at $660,000 after acquiring an additional 495 shares during the period. Blue Trust Inc. lifted its holdings in shares of Edgewell Personal Care by 18.7% during the fourth quarter. Blue Trust Inc. now owns 3,200 shares of the company's stock valued at $116,000 after acquiring an additional 503 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of Edgewell Personal Care by 2.6% during the fourth quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company's stock valued at $695,000 after acquiring an additional 529 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of Edgewell Personal Care by 6.2% during the fourth quarter. Bank of Montreal Can now owns 10,890 shares of the company's stock valued at $366,000 after acquiring an additional 636 shares during the period. 91.91% of the stock is owned by institutional investors.

Edgewell Personal Care Trading Down 1.0 %

NYSE EPC traded down $0.31 during trading hours on Wednesday, hitting $30.55. The company's stock had a trading volume of 419,085 shares, compared to its average volume of 458,331. The stock has a fifty day moving average of $30.34 and a 200 day moving average of $32.80. 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 $1.47 billion, a P/E ratio of 16.69 and a beta of 0.94. 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 quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were issued a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.60 annualized dividend and a yield of 1.96%. Edgewell Personal Care's dividend payout ratio is currently 32.79%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on EPC shares. StockNews.com raised Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Friday, April 25th. Morgan Stanley cut their price target on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating for the company in a report on Tuesday, February 11th. 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 report on Tuesday, February 11th. Royal Bank of Canada cut their price target on Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating for the company in a report on Tuesday, February 11th. Finally, Canaccord Genuity Group cut their price target on Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating for the company in a report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $35.71.

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.