Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC lowered its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 17.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 116,488 shares of the company’s stock after selling 25,389 shares during the quarter. Nuveen Asset Management LLC owned about 0.24% of Edgewell Personal Care worth $3,914,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Barclays PLC boosted its position in Edgewell Personal Care by 563.6% in the third quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after buying an additional 126,168 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in Edgewell Personal Care by 12.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock valued at $25,122,000 after buying an additional 85,467 shares during the last quarter. Amundi boosted its position in Edgewell Personal Care by 188.6% in the fourth quarter. Amundi now owns 25,051 shares of the company’s stock valued at $807,000 after buying an additional 16,370 shares during the last quarter. LPL Financial LLC boosted its position in Edgewell Personal Care by 71.3% in the fourth quarter. LPL Financial LLC now owns 12,057 shares of the company’s stock valued at $405,000 after buying an additional 5,019 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Edgewell Personal Care by 2.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,633 shares of the company’s stock valued at $928,000 after buying an additional 702 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Trading Down 0.2%

Shares of EPC stock opened at $27.63 on Monday. 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 company has a market cap of $1.30 billion, a price-to-earnings ratio of 15.10 and a beta of 0.91. The stock has a 50 day simple moving average of $29.25 and a 200-day simple moving average of $31.67. Edgewell Personal Care Co has a 1-year low of $24.35 and a 1-year high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Wednesday, May 7th. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.03). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. The business had revenue of $580.70 million for the quarter, compared to analyst estimates of $591.01 million. During the same period in the previous year, the company earned $0.88 earnings per share. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. On average, equities research analysts expect that Edgewell Personal Care Co will post 3.16 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, July 9th. Investors of record on Friday, June 6th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care’s dividend payout ratio is currently 35.09%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Barclays lowered their price objective on Edgewell Personal Care from $28.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 8th. Canaccord Genuity Group lowered their price objective on Edgewell Personal Care from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, May 8th. Wall Street Zen upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Saturday, May 17th. UBS Group upped their price objective on Edgewell Personal Care from $31.00 to $32.00 and gave the stock a “neutral” rating in a research report on Thursday, April 17th. Finally, Morgan Stanley lowered their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $33.00.

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.