Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Inspire Investing LLC

Inspire Investing LLC lessened its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 5.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,782 shares of the company’s stock after selling 493 shares during the period. Inspire Investing LLC’s holdings in Edgewell Personal Care were worth $353,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Quadrant Capital Group LLC lifted its position in shares of Edgewell Personal Care by 82.2% in the fourth quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock valued at $26,000 after acquiring an additional 315 shares in the last quarter. Clearstead Trust LLC purchased a new stake in shares of Edgewell Personal Care during the second quarter worth approximately $33,000. Northwest Investment Counselors LLC acquired a new position in Edgewell Personal Care in the 1st quarter valued at $35,000. TFO Wealth Partners LLC lifted its holdings in Edgewell Personal Care by 32,900.0% in the 4th quarter. TFO Wealth Partners LLC now owns 990 shares of the company’s stock valued at $36,000 after purchasing an additional 987 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in Edgewell Personal Care during the 2nd quarter worth $53,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

Edgewell Personal Care Price Performance

Edgewell Personal Care stock opened at $36.28 on Monday. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.82. The company has a 50-day moving average price of $38.70 and a 200 day moving average price of $38.51. Edgewell Personal Care Co has a 12-month low of $33.71 and a 12-month high of $41.50. The stock has a market cap of $1.80 billion, a P/E ratio of 15.18 and a beta of 0.87.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.21. Edgewell Personal Care had a net margin of 5.26% and a return on equity of 9.92%. The business had revenue of $647.80 million during the quarter, compared to the consensus estimate of $649.67 million. During the same quarter last year, the firm earned $0.98 EPS. The business’s revenue was down .3% compared to the same quarter last year. Sell-side analysts anticipate that Edgewell Personal Care Co will post 3 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 4th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Wednesday, September 4th. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 25.10%.

Analyst Ratings Changes

EPC has been the subject of a number of recent research reports. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday. Barclays cut their price objective on shares of Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating for the company in a report on Wednesday, August 7th. Finally, UBS Group lowered their target price on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $41.80.

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.