Northern Trust Corp raised its holdings in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 7.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 561,010 shares of the company's stock after purchasing an additional 39,696 shares during the period. Northern Trust Corp owned 1.15% of Edgewell Personal Care worth $18,850,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC increased its position 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 purchasing an additional 347 shares during the period. R Squared Ltd purchased a new position in Edgewell Personal Care during the 4th quarter valued at about $36,000. Wolverine Asset Management LLC increased 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 valued at $39,000 after purchasing an additional 800 shares during the period. Sterling Capital Management LLC increased 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 valued at $51,000 after purchasing an additional 1,362 shares during the period. Finally, KBC Group NV increased 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 valued at $77,000 after purchasing an additional 823 shares during the period. Hedge funds and other institutional investors own 91.91% of the company's stock.
Edgewell Personal Care Stock Performance
EPC stock traded down $0.10 during midday trading on Monday, reaching $28.48. The stock had a trading volume of 431,847 shares, compared to its average volume of 476,915. The stock has a market cap of $1.34 billion, a PE ratio of 15.56 and a beta of 0.91. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The firm has a fifty day simple moving average of $29.66 and a two-hundred day simple moving average of $32.17. Edgewell Personal Care Co has a 52-week low of $24.35 and a 52-week high of $41.50.
Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued 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). The firm had revenue of $580.70 million during the quarter, compared to analysts' expectations of $591.01 million. Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. The business's revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the business earned $0.88 EPS. As a group, equities research analysts anticipate that Edgewell Personal Care Co will post 3.16 EPS for the current year.
Edgewell Personal Care Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Friday, June 6th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.11%. The ex-dividend date is Friday, June 6th. Edgewell Personal Care's payout ratio is 35.09%.
Analysts Set New Price Targets
A number of research analysts have commented on the stock. Royal Bank of Canada cut their target price on shares of 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. Barclays decreased their target price on shares of Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating for the company in a research report on Thursday, May 8th. StockNews.com raised shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday. Wells Fargo & Company decreased their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Finally, UBS Group boosted their target price on Edgewell Personal Care from $31.00 to $32.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $33.00.
Check Out Our Latest Research Report on Edgewell Personal Care
Edgewell Personal Care Company Profile
(
Free Report)
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.
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