Nicola Wealth Management LTD. Has $2.72 Million Position in Edgewell Personal Care Co (NYSE:EPC)

Nicola Wealth Management LTD. boosted its stake in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 36.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,200 shares of the company's stock after acquiring an additional 20,000 shares during the quarter. Nicola Wealth Management LTD. owned 0.15% of Edgewell Personal Care worth $2,718,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Quadrant Capital Group LLC raised its stake in Edgewell Personal Care by 82.2% during the fourth quarter. Quadrant Capital Group LLC now owns 698 shares of the company's stock worth $26,000 after acquiring an additional 315 shares in the last quarter. EMC Capital Management grew its holdings in shares of Edgewell Personal Care by 38.7% during the third quarter. EMC Capital Management now owns 4,220 shares of the company's stock worth $156,000 after purchasing an additional 1,178 shares during the last quarter. Everence Capital Management Inc. bought a new stake in shares of Edgewell Personal Care during the fourth quarter worth $239,000. Pearl River Capital LLC bought a new stake in shares of Edgewell Personal Care during the third quarter worth $273,000. Finally, SG Americas Securities LLC bought a new stake in shares of Edgewell Personal Care during the fourth quarter worth $306,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Edgewell Personal Care Trading Down 0.1 %

Edgewell Personal Care stock traded down $0.04 during mid-day trading on Friday, hitting $40.38. The stock had a trading volume of 447,535 shares, compared to its average volume of 370,684. The stock has a 50-day simple moving average of $37.68 and a two-hundred day simple moving average of $37.02. The stock has a market capitalization of $2.00 billion, a PE ratio of 16.90 and a beta of 0.95. Edgewell Personal Care Co has a 12 month low of $33.71 and a 12 month high of $43.90. The company has a current ratio of 1.84, a quick ratio of 0.92 and a debt-to-equity ratio of 0.87.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.14. The business had revenue of $599.40 million for the quarter, compared to analysts' expectations of $606.74 million. Edgewell Personal Care had a return on equity of 9.29% and a net margin of 5.40%. The firm's quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the business earned $0.56 earnings per share. As a group, sell-side analysts forecast that Edgewell Personal Care Co will post 2.92 EPS for the current year.

Edgewell Personal Care Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Thursday, June 6th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, June 6th. Edgewell Personal Care's dividend payout ratio (DPR) is currently 25.10%.

Analyst Upgrades and Downgrades

EPC has been the topic of several research analyst reports. Wells Fargo & Company increased their target price on Edgewell Personal Care from $40.00 to $43.00 and gave the stock an "overweight" rating in a report on Thursday, February 8th. Barclays increased their target price on Edgewell Personal Care from $37.00 to $40.00 and gave the stock an "equal weight" rating in a report on Friday, May 10th. Finally, Canaccord Genuity Group increased their target price on Edgewell Personal Care from $52.00 to $53.00 and gave the stock a "buy" rating in a report on Thursday, May 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $42.25.

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.

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