Edgewell Personal Care (NYSE:EPC) Price Target Lowered to $36.00 at UBS Group

Edgewell Personal Care (NYSE:EPC) had its price objective lowered by UBS Group from $40.00 to $36.00 in a research report released on Thursday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Other research analysts have also recently issued research reports about the company. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. Barclays lowered their target price on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a research note on Monday, November 11th. Wells Fargo & Company lowered their target price on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, Truist Financial lowered their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $39.80.

Edgewell Personal Care Trading Up 1.7 %

NYSE EPC opened at $33.76 on Thursday. Edgewell Personal Care has a fifty-two week low of $31.20 and a fifty-two week high of $41.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. The stock has a 50 day simple moving average of $34.73 and a two-hundred day simple moving average of $36.54. The stock has a market cap of $1.64 billion, a P/E ratio of 17.22 and a beta of 0.89.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.05. The business had revenue of $517.60 million during the quarter, compared to analysts’ expectations of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The business’s revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the business posted $0.72 EPS. On average, analysts forecast that Edgewell Personal Care will post 3.21 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend was Tuesday, December 3rd. Edgewell Personal Care’s payout ratio is 30.61%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EPC. Allspring Global Investments Holdings LLC increased its holdings in shares of Edgewell Personal Care by 63.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 664,902 shares of the company’s stock worth $24,163,000 after purchasing an additional 259,200 shares in the last quarter. Brandes Investment Partners LP increased its holdings in shares of Edgewell Personal Care by 19.7% in the 2nd quarter. Brandes Investment Partners LP now owns 1,529,647 shares of the company’s stock worth $61,545,000 after purchasing an additional 252,235 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of Edgewell Personal Care in the 3rd quarter worth $6,128,000. Barclays PLC increased its holdings in shares of 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 purchasing an additional 126,168 shares in the last quarter. Finally, Chartwell Investment Partners LLC increased its holdings in shares of Edgewell Personal Care by 54.3% in the 3rd quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock worth $7,670,000 after purchasing an additional 74,315 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

About Edgewell Personal Care

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.