25,400 Shares in Edgewell Personal Care Co (NYSE:EPC) Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new position in shares of Edgewell Personal Care Co (NYSE:EPC) during the fourth quarter, Holdings Channel reports. The firm purchased 25,400 shares of the company’s stock, valued at approximately $930,000.

A number of other large investors have also added to or reduced their stakes in EPC. Brandes Investment Partners LP grew its position in Edgewell Personal Care by 87.4% during the third quarter. Brandes Investment Partners LP now owns 1,074,269 shares of the company’s stock worth $39,705,000 after buying an additional 501,032 shares in the last quarter. American Century Companies Inc. grew its position in Edgewell Personal Care by 9.7% during the third quarter. American Century Companies Inc. now owns 2,960,134 shares of the company’s stock worth $109,407,000 after buying an additional 262,499 shares in the last quarter. FMR LLC boosted its holdings in shares of Edgewell Personal Care by 4,213.9% in the 3rd quarter. FMR LLC now owns 104,872 shares of the company’s stock valued at $3,876,000 after purchasing an additional 102,441 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at $2,366,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at $2,331,000. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EPC. Barclays reduced their target price on Edgewell Personal Care from $39.00 to $37.00 and set an “equal weight” rating on the stock in a report on Friday, April 12th. Wells Fargo & Company raised their target price on Edgewell Personal Care from $40.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, February 8th.

Edgewell Personal Care Stock Down 1.9 %

Shares of EPC opened at $37.50 on Friday. Edgewell Personal Care Co has a 52 week low of $33.71 and a 52 week high of $46.13. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 18.38 and a beta of 0.94. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.03 and a current ratio of 2.15. The stock has a fifty day moving average of $37.47 and a 200-day moving average of $36.59.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.18. Edgewell Personal Care had a return on equity of 8.38% and a net margin of 4.66%. The company had revenue of $488.90 million during the quarter, compared to analysts’ expectations of $481.41 million. During the same period in the prior year, the company earned $0.31 EPS. Edgewell Personal Care’s revenue was up 4.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Edgewell Personal Care Co will post 2.8 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 7th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Wednesday, March 6th. Edgewell Personal Care’s payout ratio is 29.41%.

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.