New York State Teachers Retirement System Sells 500 Shares of Edgewell Personal Care Co (NYSE:EPC)

New York State Teachers Retirement System cut its holdings in Edgewell Personal Care Co (NYSE:EPC) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 84,580 shares of the company’s stock after selling 500 shares during the period. New York State Teachers Retirement System’s holdings in Edgewell Personal Care were worth $3,098,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. First Manhattan CO. LLC. bought a new position in Edgewell Personal Care in the first quarter worth approximately $30,000. State of Wyoming purchased a new stake in shares of Edgewell Personal Care in the second quarter worth $29,000. Advisor Group Holdings Inc. increased its stake in shares of Edgewell Personal Care by 52.8% in the fourth quarter. Advisor Group Holdings Inc. now owns 1,183 shares of the company’s stock worth $45,000 after purchasing an additional 409 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Edgewell Personal Care in the second quarter worth $49,000. Finally, Lazard Asset Management LLC purchased a new stake in shares of Edgewell Personal Care in the second quarter worth $55,000. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Price Performance

EPC stock opened at $35.49 on Tuesday. Edgewell Personal Care Co has a 52 week low of $33.71 and a 52 week high of $46.13. The company has a quick ratio of 1.03, a current ratio of 2.15 and a debt-to-equity ratio of 0.94. The company has a fifty day simple moving average of $37.78 and a two-hundred day simple moving average of $36.57. The firm has a market capitalization of $1.77 billion, a P/E ratio of 17.40 and a beta of 0.94.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Wednesday, February 7th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.18. The firm had revenue of $488.90 million during the quarter, compared to analyst estimates of $481.41 million. Edgewell Personal Care had a net margin of 4.66% and a return on equity of 8.38%. The business’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the business earned $0.31 EPS. Analysts anticipate that Edgewell Personal Care Co will post 2.8 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 7th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.60 dividend on an annualized basis and a yield of 1.69%. Edgewell Personal Care’s payout ratio is 29.41%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EPC. Barclays reduced their price objective on shares of Edgewell Personal Care from $39.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday. Wells Fargo & Company raised their target price on shares of Edgewell Personal Care from $40.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, February 8th.

Edgewell Personal Care Company 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.