Quantedge Capital Pte Ltd Has $816,000 Stock Position in Edgewell Personal Care Co (NYSE:EPC)

Quantedge Capital Pte Ltd lowered its holdings in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 64.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 24,300 shares of the company's stock after selling 44,200 shares during the period. Quantedge Capital Pte Ltd's holdings in Edgewell Personal Care were worth $816,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the company. Brandes Investment Partners LP raised its position in Edgewell Personal Care by 21.1% during the fourth quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company's stock valued at $68,600,000 after purchasing an additional 355,224 shares in the last quarter. William Blair Investment Management LLC boosted its position in shares of Edgewell Personal Care by 40.5% during the 4th quarter. William Blair Investment Management LLC now owns 878,390 shares of the company's stock valued at $29,514,000 after purchasing an additional 253,014 shares in the last quarter. Millennium Management LLC raised its stake in shares of Edgewell Personal Care by 117.3% in the fourth quarter. Millennium Management LLC now owns 443,507 shares of the company's stock worth $14,902,000 after purchasing an additional 239,404 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Edgewell Personal Care in the fourth quarter worth approximately $7,473,000. Finally, Marshall Wace LLP purchased a new stake in shares of Edgewell Personal Care in the fourth quarter worth approximately $5,040,000. Institutional investors own 91.91% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on EPC shares. Barclays dropped their target price on shares of Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 8th. 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 report on Thursday, April 17th. Canaccord Genuity Group reduced their target price on Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Royal Bank of Canada dropped their price target on Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating for the company in a research note on Thursday, May 8th. Finally, StockNews.com lowered Edgewell Personal Care from a "hold" rating to a "sell" rating in a research note on Friday, May 9th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Edgewell Personal Care currently has an average rating of "Hold" and a consensus target price of $33.00.

Edgewell Personal Care Stock Down 0.8%

Shares of NYSE:EPC opened at $28.20 on Thursday. Edgewell Personal Care Co has a 52-week low of $24.35 and a 52-week high of $41.50. 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 stock has a 50 day moving average price of $29.85 and a 200-day moving average price of $32.36. The firm has a market capitalization of $1.33 billion, a P/E ratio of 15.41 and a beta of 0.91.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by ($0.03). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. The company had revenue of $580.70 million for the quarter, compared to the consensus estimate of $591.01 million. During the same period last year, the business earned $0.88 EPS. The firm's quarterly revenue was down 3.1% on a year-over-year basis. As a group, equities research analysts anticipate that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, June 6th will be paid a $0.15 dividend. The ex-dividend date is Friday, June 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.13%. Edgewell Personal Care's dividend payout ratio (DPR) is currently 35.09%.

Edgewell Personal Care Company 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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