Strs Ohio trimmed its holdings in Edgewell Personal Care Co (NYSE:EPC – Get Rating) by 74.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,400 shares of the company’s stock after selling 12,600 shares during the quarter. Strs Ohio’s holdings in Edgewell Personal Care were worth $161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC purchased a new stake in Edgewell Personal Care in the fourth quarter worth about $26,444,000. Goldman Sachs Group Inc. boosted its holdings in Edgewell Personal Care by 65.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 637,787 shares of the company’s stock worth $29,153,000 after acquiring an additional 252,939 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Edgewell Personal Care by 23.8% in the fourth quarter. JPMorgan Chase & Co. now owns 399,596 shares of the company’s stock worth $18,266,000 after acquiring an additional 76,841 shares during the last quarter. Wasatch Advisors Inc. increased its holdings in shares of Edgewell Personal Care by 14.2% during the fourth quarter. Wasatch Advisors Inc. now owns 577,296 shares of the company’s stock valued at $26,388,000 after acquiring an additional 71,674 shares in the last quarter. Finally, State Street Corp raised its position in shares of Edgewell Personal Care by 2.9% in the 4th quarter. State Street Corp now owns 1,894,090 shares of the company’s stock worth $86,856,000 after purchasing an additional 53,785 shares during the last quarter. 91.06% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on EPC shares. Barclays lowered their price objective on Edgewell Personal Care from $34.00 to $29.00 in a research report on Thursday, May 12th. TheStreet upgraded shares of Edgewell Personal Care from a “c+” rating to a “b” rating in a report on Tuesday, May 10th. The Goldman Sachs Group decreased their target price on shares of Edgewell Personal Care from $57.00 to $53.00 in a research note on Tuesday, March 29th. Finally, StockNews.com started coverage on Edgewell Personal Care in a report on Thursday, March 31st. They issued a “hold” rating for the company. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Edgewell Personal Care presently has an average rating of “Hold” and an average price target of $44.33.
Edgewell Personal Care Trading Up 3.1 %
Edgewell Personal Care (NYSE:EPC – Get Rating) last released its earnings results on Tuesday, May 10th. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.05). Edgewell Personal Care had a net margin of 5.61% and a return on equity of 10.06%. The company had revenue of $547.70 million for the quarter, compared to analysts’ expectations of $564.13 million. During the same quarter last year, the firm posted $0.70 earnings per share. Edgewell Personal Care’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, equities analysts anticipate that Edgewell Personal Care Co will post 2.48 earnings per share for the current year.
Edgewell Personal Care Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 7th. Investors of record on Thursday, June 2nd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, June 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.59%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 27.65%.
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.
- Get a free copy of the StockNews.com research report on Edgewell Personal Care (EPC)
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