Cetera Investment Advisers Purchases 845 Shares of Edgewell Personal Care Company $EPC

Cetera Investment Advisers grew its position in Edgewell Personal Care Company (NYSE:EPC) by 12.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,407 shares of the company’s stock after purchasing an additional 845 shares during the quarter. Cetera Investment Advisers’ holdings in Edgewell Personal Care were worth $231,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. Northern Trust Corp raised its holdings in Edgewell Personal Care by 7.6% during the fourth quarter. Northern Trust Corp now owns 561,010 shares of the company’s stock worth $18,850,000 after buying an additional 39,696 shares during the last quarter. Victory Capital Management Inc. boosted its position in Edgewell Personal Care by 13.5% during the first quarter. Victory Capital Management Inc. now owns 542,525 shares of the company’s stock worth $16,932,000 after purchasing an additional 64,722 shares during the period. Millennium Management LLC lifted its holdings in shares of Edgewell Personal Care by 117.3% in the fourth quarter. Millennium Management LLC now owns 443,507 shares of the company’s stock worth $14,902,000 after buying an additional 239,404 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of Edgewell Personal Care by 58.0% in the fourth quarter. Bridgeway Capital Management LLC now owns 349,614 shares of the company’s stock worth $11,747,000 after buying an additional 128,389 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in Edgewell Personal Care by 1.7% in the 1st quarter. Principal Financial Group Inc. now owns 261,912 shares of the company’s stock worth $8,174,000 after buying an additional 4,282 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on EPC. Zacks Research downgraded shares of Edgewell Personal Care from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Wells Fargo & Company cut their price target 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. Canaccord Genuity Group dropped their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Wednesday, August 6th. Morgan Stanley upgraded shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $26.00 to $23.00 in a research note on Wednesday, August 6th. Finally, Royal Bank Of Canada decreased their target price on Edgewell Personal Care from $43.00 to $35.00 and set an “outperform” rating for the company in a research report on Thursday, May 8th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Edgewell Personal Care has a consensus rating of “Hold” and a consensus price target of $29.29.

Edgewell Personal Care Stock Performance

NYSE:EPC opened at $23.3910 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.91 and a current ratio of 1.77. The stock’s fifty day moving average is $24.34 and its 200 day moving average is $27.70. Edgewell Personal Care Company has a fifty-two week low of $19.13 and a fifty-two week high of $40.71. The firm has a market capitalization of $1.09 billion, a PE ratio of 17.33 and a beta of 0.81.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Tuesday, August 5th. The company reported $0.92 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.09). Edgewell Personal Care had a return on equity of 8.06% and a net margin of 2.94%.The business had revenue of $627.20 million during the quarter, compared to analysts’ expectations of $658.51 million. During the same quarter in the previous year, the business earned $1.22 EPS. The business’s revenue for the quarter was down 3.2% on a year-over-year basis. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. On average, sell-side analysts anticipate that Edgewell Personal Care Company will post 3.16 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Thursday, September 4th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, September 4th. This represents a $0.60 annualized dividend and a dividend yield of 2.6%. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 44.44%.

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.