Edgewell Personal Care Co (NYSE:EPC) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 9.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 146,124 shares of the company’s stock after selling 14,792 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.30% of Edgewell Personal Care worth $5,310,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clearstead Trust LLC acquired a new position in Edgewell Personal Care in the second quarter worth about $33,000. Prospera Private Wealth LLC acquired a new position in Edgewell Personal Care during the third quarter valued at $48,000. Acadian Asset Management LLC purchased a new stake in Edgewell Personal Care in the 2nd quarter worth approximately $53,000. Innealta Capital LLC bought a new stake in shares of Edgewell Personal Care in the 2nd quarter valued at approximately $76,000. Finally, Canada Pension Plan Investment Board acquired a new position in Edgewell Personal Care during the second quarter worth $84,000. 91.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Barclays lowered their target price on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Monday, November 11th. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. Finally, Truist Financial reduced their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Edgewell Personal Care has a consensus rating of “Moderate Buy” and a consensus price target of $42.40.

Edgewell Personal Care Stock Performance

Shares of EPC opened at $35.23 on Thursday. The stock’s 50-day simple moving average is $35.57 and its 200 day simple moving average is $37.59. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. Edgewell Personal Care Co has a 52-week low of $33.27 and a 52-week high of $41.50. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 17.97 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. The firm had revenue of $517.60 million for the quarter, compared to analysts’ expectations of $535.23 million. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.72 earnings per share. Research analysts forecast that Edgewell Personal Care Co will post 3.21 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Tuesday, December 3rd. Edgewell Personal Care’s payout ratio is currently 30.61%.

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.