American Century Companies Inc. Raises Holdings in Edgewell Personal Care Co (NYSE:EPC)

American Century Companies Inc. lifted its stake in Edgewell Personal Care Co (NYSE:EPC) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,222,739 shares of the company’s stock after acquiring an additional 64,257 shares during the period. American Century Companies Inc. owned about 0.07% of Edgewell Personal Care worth $108,284,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of EPC. Brandes Investment Partners LP increased its stake in Edgewell Personal Care by 21.1% during the 4th 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. Geode Capital Management LLC increased its position in shares of Edgewell Personal Care by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock valued at $41,078,000 after acquiring an additional 6,964 shares during the period. William Blair Investment Management LLC raised its stake in Edgewell Personal Care by 40.5% in the 4th quarter. William Blair Investment Management LLC now owns 878,390 shares of the company’s stock worth $29,514,000 after acquiring an additional 253,014 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Edgewell Personal Care by 4.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 817,042 shares of the company’s stock worth $27,453,000 after acquiring an additional 38,353 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in Edgewell Personal Care by 12.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock worth $25,122,000 after acquiring an additional 85,467 shares during the period. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EPC has been the subject of several research analyst reports. Royal Bank of Canada reduced their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Wells Fargo & Company reduced their price target on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th. Barclays dropped their price objective on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. UBS Group reduced their target price on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Finally, Morgan Stanley lowered their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $36.57.

Edgewell Personal Care Stock Down 0.7 %

EPC stock opened at $29.37 on Monday. The firm’s fifty day moving average is $31.52 and its 200 day moving average is $34.00. The firm has a market cap of $1.42 billion, a PE ratio of 16.05 and a beta of 1.04. Edgewell Personal Care Co has a one year low of $26.65 and a one year 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.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results 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%. On average, research analysts forecast that Edgewell Personal Care Co will post 3.16 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.04%. Edgewell Personal Care’s dividend payout ratio (DPR) is 32.79%.

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.