Intech Investment Management LLC Purchases 2,587 Shares of Edgewell Personal Care Co (NYSE:EPC)

Intech Investment Management LLC raised its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 14.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 20,170 shares of the company’s stock after purchasing an additional 2,587 shares during the period. Intech Investment Management LLC’s holdings in Edgewell Personal Care were worth $678,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Barclays PLC increased its stake in Edgewell Personal Care by 563.6% in the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock worth $5,400,000 after buying an additional 126,168 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Edgewell Personal Care by 6.2% in the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock worth $24,345,000 after acquiring an additional 39,059 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of Edgewell Personal Care by 12.9% in the fourth 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. BNP Paribas Financial Markets grew its position in shares of Edgewell Personal Care by 145.7% during the third quarter. BNP Paribas Financial Markets now owns 24,938 shares of the company’s stock worth $906,000 after purchasing an additional 14,787 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Edgewell Personal Care by 208.2% in the 4th quarter. SG Americas Securities LLC now owns 16,553 shares of the company’s stock worth $556,000 after purchasing an additional 11,183 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on EPC shares. UBS Group dropped their price target on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Royal Bank of Canada reduced their price target on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Wells Fargo & Company dropped their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, February 11th. Canaccord Genuity Group cut their price objective on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, February 11th. Finally, Morgan Stanley dropped their price target on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Edgewell Personal Care presently has a consensus rating of “Hold” and an average target price of $36.57.

Edgewell Personal Care Stock Down 0.7 %

Shares of NYSE EPC opened at $29.37 on Monday. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. Edgewell Personal Care Co has a 12-month low of $26.65 and a 12-month high of $41.50. The firm’s 50-day moving average price is $31.52 and its 200-day moving average price is $34.00. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 16.05 and a beta of 1.04.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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, 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 disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.04%. The ex-dividend date is Wednesday, March 5th. Edgewell Personal Care’s payout ratio is 32.79%.

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.