Edgewell Personal Care Co (NYSE:EPC) Shares Acquired by LPL Financial LLC

LPL Financial LLC boosted its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 71.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,057 shares of the company’s stock after acquiring an additional 5,019 shares during the period. LPL Financial LLC’s holdings in Edgewell Personal Care were worth $405,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. R Squared Ltd purchased a new stake in shares of Edgewell Personal Care in the fourth quarter valued at approximately $36,000. Wolverine Asset Management LLC grew its holdings in Edgewell Personal Care by 217.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after buying an additional 800 shares in the last quarter. KBC Group NV increased its stake in shares of Edgewell Personal Care by 56.5% in the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after acquiring an additional 823 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Edgewell Personal Care by 18.7% during the 4th quarter. Blue Trust Inc. now owns 3,200 shares of the company’s stock worth $116,000 after acquiring an additional 503 shares during the period. Finally, Inspire Advisors LLC acquired a new position in shares of Edgewell Personal Care during the 4th quarter valued at about $204,000. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Canaccord Genuity Group reduced their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, February 11th. StockNews.com upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Friday. UBS Group raised their target price on Edgewell Personal Care from $31.00 to $32.00 and gave the stock a “neutral” rating in a research note on Thursday, April 17th. Royal Bank of Canada reduced their target price on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Finally, Morgan Stanley lowered their price target on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $35.71.

Edgewell Personal Care Stock Performance

Shares of Edgewell Personal Care stock opened at $30.79 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 16.83 and a beta of 0.94. The business has a 50-day moving average of $30.33 and a 200 day moving average of $32.86. Edgewell Personal Care Co has a 12 month low of $26.65 and a 12 month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. As a group, sell-side analysts forecast that Edgewell Personal Care Co will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend was Wednesday, March 5th. Edgewell Personal Care’s payout ratio is currently 32.79%.

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.