Yousif Capital Management LLC Lowers Holdings in Edgewell Personal Care Company (NYSE:EPC)

Yousif Capital Management LLC lowered its holdings in shares of Edgewell Personal Care Company (NYSE:EPC) by 4.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,782 shares of the company’s stock after selling 800 shares during the quarter. Yousif Capital Management LLC’s holdings in Edgewell Personal Care were worth $555,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Quadrant Capital Group LLC increased its holdings in shares of Edgewell Personal Care by 85.9% in the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company’s stock valued at $25,000 after purchasing an additional 347 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in Edgewell Personal Care by 2.6% in the fourth quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company’s stock valued at $695,000 after purchasing an additional 529 shares during the period. Bank of Montreal Can raised its stake in Edgewell Personal Care by 6.2% in the fourth quarter. Bank of Montreal Can now owns 10,890 shares of the company’s stock valued at $366,000 after buying an additional 636 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 in the last quarter. Finally, Central Pacific Bank Trust Division increased its position in shares of Edgewell Personal Care by 4.5% during the first quarter. Central Pacific Bank Trust Division now owns 17,450 shares of the company’s stock worth $545,000 after purchasing an additional 750 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wells Fargo & Company cut their target price on Edgewell Personal Care from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Thursday, May 8th. UBS Group boosted their price target 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. Barclays reduced their target price on Edgewell Personal Care from $28.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 8th. Canaccord Genuity Group reduced their price target on Edgewell Personal Care from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. Finally, Royal Bank Of Canada cut their target price on Edgewell Personal Care from $43.00 to $35.00 and set an “outperform” rating on the stock in a research report on Thursday, May 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $33.00.

Edgewell Personal Care Stock Up 0.8%

Shares of Edgewell Personal Care stock opened at $23.19 on Friday. The business has a 50-day moving average of $27.81 and a 200-day moving average of $30.58. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.89 and a quick ratio of 0.93. The company has a market capitalization of $1.09 billion, a PE ratio of 13.56 and a beta of 0.84. Edgewell Personal Care Company has a 1-year low of $22.61 and a 1-year high of $41.50.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.87 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.03). Edgewell Personal Care had a return on equity of 9.20% and a net margin of 3.81%. The firm had revenue of $580.70 million during the quarter, compared to analyst estimates of $591.01 million. During the same quarter last year, the business posted $0.88 earnings per share. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. As a group, equities analysts forecast that Edgewell Personal Care Company will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business 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 dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.60 dividend on an annualized basis and a yield of 2.59%. Edgewell Personal Care’s payout ratio is currently 35.09%.

Edgewell Personal Care 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.