Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp cut its holdings in Edgewell Personal Care Co (NYSE:EPCGet Rating) by 74.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,924 shares of the company’s stock after selling 8,579 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Edgewell Personal Care were worth $101,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Profund Advisors LLC boosted its stake in Edgewell Personal Care by 23.7% in the 1st quarter. Profund Advisors LLC now owns 7,508 shares of the company’s stock worth $275,000 after buying an additional 1,438 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new stake in Edgewell Personal Care in the first quarter valued at approximately $1,929,000. American Century Companies Inc. increased its position in Edgewell Personal Care by 3.8% during the first quarter. American Century Companies Inc. now owns 3,128,559 shares of the company’s stock worth $114,724,000 after purchasing an additional 115,360 shares during the last quarter. SG Americas Securities LLC purchased a new position in Edgewell Personal Care during the first quarter worth approximately $391,000. Finally, M&T Bank Corp acquired a new position in shares of Edgewell Personal Care in the 1st quarter valued at $330,000. Institutional investors and hedge funds own 93.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EPC. Barclays lifted their target price on Edgewell Personal Care from $31.00 to $35.00 and gave the company an “underweight” rating in a report on Monday, November 14th. Morgan Stanley decreased their target price on Edgewell Personal Care from $36.00 to $35.00 and set an “underweight” rating for the company in a report on Friday, November 11th. The Goldman Sachs Group downgraded shares of Edgewell Personal Care from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $47.00 to $42.00 in a research report on Tuesday, October 25th. StockNews.com initiated coverage on shares of Edgewell Personal Care in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, Wells Fargo & Company raised their target price on shares of Edgewell Personal Care to $44.00 in a research note on Wednesday, November 16th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Edgewell Personal Care currently has a consensus rating of “Hold” and an average target price of $40.80.

Edgewell Personal Care Price Performance

EPC opened at $41.26 on Thursday. Edgewell Personal Care Co has a twelve month low of $32.00 and a twelve month high of $51.86. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 22.42 and a beta of 0.88. The company has a current ratio of 1.72, a quick ratio of 0.90 and a debt-to-equity ratio of 0.95. The company has a fifty day simple moving average of $38.92 and a 200 day simple moving average of $37.96.

Edgewell Personal Care Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 4th. Shareholders of record on Tuesday, November 29th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, November 28th. This represents a $0.60 dividend on an annualized basis and a yield of 1.45%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 32.61%.

Edgewell Personal Care Company Profile

(Get Rating)

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

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

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