Edgewell Personal Care Co (NYSE:EPC) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in Edgewell Personal Care Co (NYSE:EPC) by 0.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,804,147 shares of the company’s stock after buying an additional 21,915 shares during the period. Vanguard Group Inc. owned 0.12% of Edgewell Personal Care worth $212,606,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Norges Bank acquired a new stake in Edgewell Personal Care in the 4th quarter valued at approximately $11,647,000. American Century Companies Inc. raised its holdings in shares of Edgewell Personal Care by 9.7% in the 3rd quarter. American Century Companies Inc. now owns 2,960,134 shares of the company’s stock valued at $109,407,000 after buying an additional 262,499 shares during the period. Brandes Investment Partners LP lifted its stake in Edgewell Personal Care by 11.2% during the 4th quarter. Brandes Investment Partners LP now owns 1,195,041 shares of the company’s stock worth $43,774,000 after acquiring an additional 120,772 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Edgewell Personal Care by 3.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,575,663 shares of the company’s stock valued at $130,976,000 after acquiring an additional 103,751 shares during the period. Finally, FMR LLC grew its position in Edgewell Personal Care by 4,213.9% in the 3rd quarter. FMR LLC now owns 104,872 shares of the company’s stock valued at $3,876,000 after acquiring an additional 102,441 shares in the last quarter. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Edgewell Personal Care Stock Down 0.0 %

EPC stock opened at $40.00 on Wednesday. The company’s 50 day moving average price is $39.05 and its 200 day moving average price is $37.97. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 16.74 and a beta of 0.88. Edgewell Personal Care Co has a fifty-two week low of $33.71 and a fifty-two week high of $42.15. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.92 and a current ratio of 1.84.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.14. The business had revenue of $599.40 million for the quarter, compared to analyst estimates of $606.74 million. Edgewell Personal Care had a net margin of 5.40% and a return on equity of 9.29%. The company’s revenue was up .2% on a year-over-year basis. During the same period last year, the business earned $0.56 EPS. On average, equities research analysts anticipate that Edgewell Personal Care Co will post 2.92 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Thursday, June 6th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.60 annualized dividend and a dividend yield of 1.50%. Edgewell Personal Care’s dividend payout ratio is currently 25.10%.

Analyst Ratings Changes

Several brokerages have recently issued reports on EPC. Barclays increased their price target on shares of Edgewell Personal Care from $37.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Friday, May 10th. StockNews.com upgraded shares of Edgewell Personal Care from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Canaccord Genuity Group boosted their price target on shares of Edgewell Personal Care from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Edgewell Personal Care currently has a consensus rating of “Hold” and an average price target of $42.25.

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.