Zacks Investment Management Sells 5,741 Shares of Edgewell Personal Care Co (NYSE:EPC)

Zacks Investment Management reduced its holdings in shares of Edgewell Personal Care Co (NYSE:EPCFree Report) by 14.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,844 shares of the company’s stock after selling 5,741 shares during the quarter. Zacks Investment Management’s holdings in Edgewell Personal Care were worth $1,137,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sterling Capital Management LLC lifted its position in shares of Edgewell Personal Care by 805.9% during the fourth quarter. Sterling Capital Management LLC now owns 1,531 shares of the company’s stock worth $51,000 after acquiring an additional 1,362 shares in the last quarter. LSV Asset Management boosted its stake in Edgewell Personal Care by 6.8% in the 4th quarter. LSV Asset Management now owns 1,166,152 shares of the company’s stock worth $39,183,000 after purchasing an additional 74,231 shares during the period. Raymond James Financial Inc. purchased a new position in Edgewell Personal Care during the 4th quarter valued at about $7,473,000. Invesco Ltd. increased its position in shares of Edgewell Personal Care by 18.1% during the fourth quarter. Invesco Ltd. now owns 430,128 shares of the company’s stock valued at $14,452,000 after buying an additional 65,944 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of Edgewell Personal Care by 6.2% in the fourth quarter. Bank of Montreal Can now owns 10,890 shares of the company’s stock worth $366,000 after buying an additional 636 shares in the last quarter. 91.91% of the stock is owned by institutional investors.

Edgewell Personal Care Price Performance

Shares of Edgewell Personal Care stock opened at $30.00 on Friday. 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 Co has a 52-week low of $26.65 and a 52-week high of $41.50. The company has a fifty day moving average of $30.25 and a 200-day moving average of $33.00. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 16.39 and a beta of 0.94.

Edgewell Personal Care (NYSE:EPCGet Free Report) last posted its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) 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%. Equities research analysts expect that Edgewell Personal Care Co will post 3.16 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a yield of 2.00%. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 32.79%.

Analyst Ratings Changes

A number of analysts recently weighed in on EPC shares. Barclays decreased their target price on shares of Edgewell Personal Care from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Friday, April 11th. UBS Group increased their price objective on Edgewell Personal Care from $31.00 to $32.00 and gave the stock a “neutral” rating in a research report on Thursday. Royal Bank of Canada reduced their target price on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. Canaccord Genuity Group lowered their price target on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Finally, Wells Fargo & Company cut their price objective on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Edgewell Personal Care currently has a consensus rating of “Hold” and a consensus target price of $35.71.

View Our Latest Stock Report on EPC

About Edgewell Personal Care

(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.

See Also

Want to see what other hedge funds are holding EPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Edgewell Personal Care Co (NYSE:EPCFree Report).

Institutional Ownership by Quarter for Edgewell Personal Care (NYSE:EPC)

Receive News & Ratings for Edgewell Personal Care Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edgewell Personal Care and related companies with MarketBeat.com's FREE daily email newsletter.