California State Teachers Retirement System Reduces Position in Edgewell Personal Care Co (NYSE:EPC)

California State Teachers Retirement System decreased its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,681 shares of the company’s stock after selling 688 shares during the quarter. California State Teachers Retirement System owned approximately 0.08% of Edgewell Personal Care worth $1,333,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quadrant Capital Group LLC boosted its position in shares of Edgewell Personal Care by 85.9% during the 4th quarter. Quadrant Capital Group LLC now owns 751 shares of the company’s stock valued at $25,000 after acquiring an additional 347 shares during the last quarter. Wolverine Asset Management LLC boosted its position in shares of Edgewell Personal Care by 217.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after acquiring an additional 800 shares during the last quarter. Sterling Capital Management LLC boosted its position in shares of Edgewell Personal Care by 805.9% during the 4th quarter. Sterling Capital Management LLC now owns 1,531 shares of the company’s stock valued at $51,000 after acquiring an additional 1,362 shares during the last quarter. KBC Group NV boosted its position in shares of Edgewell Personal Care by 56.5% during the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock valued at $77,000 after acquiring an additional 823 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Edgewell Personal Care by 166.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,362 shares of the company’s stock valued at $147,000 after acquiring an additional 2,725 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Price Performance

Edgewell Personal Care stock opened at $26.65 on Tuesday. The firm has a market cap of $1.25 billion, a PE ratio of 14.56 and a beta of 0.84. Edgewell Personal Care Co has a 52-week low of $24.35 and a 52-week high of $41.50. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. The company’s 50 day moving average is $28.74 and its two-hundred day moving average is $31.32.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Wednesday, May 7th. The company reported $0.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 quarter last year, the company earned $0.88 earnings per share. Edgewell Personal Care’s quarterly revenue was down 3.1% compared to the same quarter last year. On average, 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. Shareholders of record on Friday, June 6th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care’s dividend payout ratio is presently 35.09%.

Analyst Upgrades and Downgrades

A number of research firms have commented on EPC. Wall Street Zen raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Saturday, May 17th. Royal Bank of Canada reduced their price target on shares of Edgewell Personal Care from $43.00 to $35.00 and set an “outperform” rating on the stock in a research note on Thursday, May 8th. Morgan Stanley decreased their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. Wells Fargo & Company decreased their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “overweight” rating on the stock in a report on Thursday, May 8th. Finally, Barclays decreased their price objective on shares of Edgewell Personal Care from $28.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target 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.