Sei Investments Co. Has $17.05 Million Stake in Edgewell Personal Care Co (NYSE:EPC)

Sei Investments Co. increased its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 6.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 424,159 shares of the company’s stock after buying an additional 27,119 shares during the quarter. Sei Investments Co. owned about 0.86% of Edgewell Personal Care worth $17,045,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Duality Advisers LP grew its holdings in shares of Edgewell Personal Care by 0.9% during the 1st quarter. Duality Advisers LP now owns 31,916 shares of the company’s stock worth $1,233,000 after purchasing an additional 281 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in Edgewell Personal Care by 2.8% during the first quarter. State Board of Administration of Florida Retirement System now owns 20,897 shares of the company’s stock worth $886,000 after purchasing an additional 571 shares during the period. ProShare Advisors LLC grew its stake in Edgewell Personal Care by 6.1% during the first quarter. ProShare Advisors LLC now owns 10,051 shares of the company’s stock worth $388,000 after buying an additional 574 shares in the last quarter. Blue Trust Inc. increased its holdings in Edgewell Personal Care by 32.5% in the 2nd quarter. Blue Trust Inc. now owns 2,365 shares of the company’s stock valued at $91,000 after buying an additional 580 shares during the period. Finally, Clearstead Trust LLC acquired a new position in shares of Edgewell Personal Care in the 2nd quarter valued at approximately $33,000. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Price Performance

Shares of NYSE:EPC opened at $36.29 on Friday. The firm has a 50 day simple moving average of $38.36 and a 200 day simple moving average of $38.45. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 15.18 and a beta of 0.87. Edgewell Personal Care Co has a one year low of $33.71 and a one year high of $41.50. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.79 and a quick ratio of 0.94.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.21. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The company had revenue of $647.80 million for the quarter, compared to the consensus estimate of $649.67 million. During the same quarter last year, the business posted $0.98 EPS. Edgewell Personal Care’s revenue for the quarter was down .3% on a year-over-year basis. Research analysts predict that Edgewell Personal Care Co will post 3 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed 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 is currently 25.10%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. StockNews.com lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. UBS Group reduced 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. Finally, Barclays decreased their price target on Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $41.80.

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.