Sanctuary Advisors LLC Increases Position in Edgewell Personal Care Co (NYSE:EPC)

Sanctuary Advisors LLC grew its holdings in Edgewell Personal Care Co (NYSE:EPC) by 13.3% during the third quarter, HoldingsChannel reports. The firm owned 19,973 shares of the company’s stock after acquiring an additional 2,339 shares during the period. Sanctuary Advisors LLC’s holdings in Edgewell Personal Care were worth $718,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its holdings in shares of Edgewell Personal Care by 63.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 664,902 shares of the company’s stock valued at $24,163,000 after purchasing an additional 259,200 shares during the last quarter. Brandes Investment Partners LP grew its holdings in Edgewell Personal Care by 19.7% in the 2nd quarter. Brandes Investment Partners LP now owns 1,529,647 shares of the company’s stock valued at $61,545,000 after buying an additional 252,235 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Edgewell Personal Care in the 3rd quarter worth $6,128,000. LSV Asset Management raised its holdings in shares of Edgewell Personal Care by 16.6% during the 2nd quarter. LSV Asset Management now owns 1,071,354 shares of the company’s stock worth $43,058,000 after acquiring an additional 152,200 shares during the period. Finally, Barclays PLC boosted its position in shares of Edgewell Personal Care by 563.6% during the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after acquiring an additional 126,168 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Edgewell Personal Care Price Performance

Edgewell Personal Care stock opened at $33.74 on Tuesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 17.21 and a beta of 0.88. The company’s 50 day simple moving average is $35.64 and its 200-day simple moving average is $37.39. Edgewell Personal Care Co has a 1 year low of $33.27 and a 1 year high of $41.50.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The company had revenue of $517.60 million for the quarter, compared to analysts’ expectations of $535.23 million. During the same period in the prior year, the firm earned $0.72 earnings per share. The firm’s revenue was down 3.1% compared to the same quarter last year. As a group, equities research analysts expect that Edgewell Personal Care Co will post 3.21 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Tuesday, December 3rd. Edgewell Personal Care’s dividend payout ratio (DPR) is 30.61%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on EPC. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Barclays cut their price target on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a report on Monday, November 11th. Finally, Truist Financial lowered their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $42.40.

Edgewell Personal Care Company 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.