Edgewell Personal Care Co (NYSE:EPC) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund boosted its holdings in Edgewell Personal Care Co (NYSE:EPC) by 21.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 44,915 shares of the company’s stock after acquiring an additional 7,915 shares during the period. New York State Common Retirement Fund’s holdings in Edgewell Personal Care were worth $1,645,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. EMC Capital Management lifted its holdings in shares of Edgewell Personal Care by 38.7% in the 3rd quarter. EMC Capital Management now owns 4,220 shares of the company’s stock worth $156,000 after acquiring an additional 1,178 shares during the last quarter. Everence Capital Management Inc. acquired a new position in Edgewell Personal Care during the fourth quarter worth $239,000. Pearl River Capital LLC purchased a new position in shares of Edgewell Personal Care during the third quarter worth $273,000. SG Americas Securities LLC acquired a new stake in shares of Edgewell Personal Care in the fourth quarter valued at $306,000. Finally, Inspire Investing LLC raised its holdings in shares of Edgewell Personal Care by 9.0% in the 3rd quarter. Inspire Investing LLC now owns 8,332 shares of the company’s stock valued at $308,000 after buying an additional 691 shares during the period. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Wells Fargo & Company lifted their target price on Edgewell Personal Care from $40.00 to $43.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. Canaccord Genuity Group raised their price target on shares of Edgewell Personal Care from $52.00 to $53.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Barclays decreased their target price on Edgewell Personal Care from $39.00 to $37.00 and set an “equal weight” rating for the company in a report on Friday, April 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, Edgewell Personal Care has an average rating of “Hold” and an average price target of $41.50.

Edgewell Personal Care Stock Up 1.1 %

Shares of NYSE EPC opened at $39.26 on Friday. The business has a 50-day moving average of $37.38 and a two-hundred day moving average of $36.78. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 19.25 and a beta of 0.95. Edgewell Personal Care Co has a 1 year low of $33.71 and a 1 year high of $46.13. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.15 and a quick ratio of 1.03.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.14. Edgewell Personal Care had a return on equity of 8.38% and a net margin of 4.66%. The firm had revenue of $599.40 million during the quarter, compared to the consensus estimate of $606.74 million. During the same period in the prior year, the company posted $0.56 earnings per share. The firm’s quarterly revenue was up .2% compared to the same quarter last year. On average, analysts forecast 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 declared a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Thursday, June 6th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.60 dividend on an annualized basis and a yield of 1.53%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 29.41%.

Edgewell Personal Care 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.