Edgewell Personal Care (NYSE:EPC) Price Target Raised to $32.00

Edgewell Personal Care (NYSE:EPC) had its price target lifted by UBS Group from $31.00 to $32.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a neutral rating on the stock.

Other research analysts have also issued reports about the stock. Barclays reduced their target price on shares of Edgewell Personal Care from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Friday, April 11th. StockNews.com upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Tuesday, April 8th. Morgan Stanley lowered their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research report on Tuesday, February 11th. Royal Bank of Canada lowered their price target on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. Finally, Canaccord Genuity Group cut their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, Edgewell Personal Care currently has an average rating of “Hold” and a consensus price target of $35.71.

Edgewell Personal Care Trading Up 2.7 %

Shares of EPC opened at $30.00 on Thursday. The firm’s 50-day moving average is $30.25 and its two-hundred day moving average is $32.99. The firm has a market capitalization of $1.45 billion, a P/E ratio of 16.39 and a beta of 0.94. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. Edgewell Personal Care has a twelve month low of $26.65 and a twelve month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. On average, research analysts predict that Edgewell Personal Care will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were paid a $0.15 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.00%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 32.79%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. HighTower Advisors LLC raised its stake in Edgewell Personal Care by 12.2% during the third quarter. HighTower Advisors LLC now owns 11,339 shares of the company’s stock valued at $421,000 after buying an additional 1,234 shares in the last quarter. Jane Street Group LLC lifted its stake in Edgewell Personal Care by 21.7% during the third quarter. Jane Street Group LLC now owns 102,001 shares of the company’s stock worth $3,707,000 after purchasing an additional 18,214 shares during the last quarter. MML Investors Services LLC boosted its holdings in Edgewell Personal Care by 72.6% in the third quarter. MML Investors Services LLC now owns 19,931 shares of the company’s stock worth $724,000 after purchasing an additional 8,384 shares during the period. Barclays PLC raised its holdings in shares of Edgewell Personal Care by 563.6% during the third quarter. Barclays PLC now owns 148,553 shares of the company’s stock worth $5,400,000 after purchasing an additional 126,168 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Edgewell Personal Care by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock worth $41,078,000 after buying an additional 6,964 shares during the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

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.