Edgewell Personal Care (NYSE:EPC) Rating Lowered to Sell at StockNews.com

StockNews.com cut shares of Edgewell Personal Care (NYSE:EPC) from a hold rating to a sell rating in a research note issued to investors on Saturday.

Several other research firms also recently commented on EPC. UBS Group cut their target price on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Morgan Stanley cut their price target on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. Wells Fargo & Company decreased their target price on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th. Canaccord Genuity Group dropped their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, February 11th. Finally, Barclays decreased their price target on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $36.57.

Edgewell Personal Care Stock Performance

NYSE:EPC opened at $30.68 on Friday. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. The stock has a market cap of $1.48 billion, a P/E ratio of 16.77 and a beta of 1.04. Edgewell Personal Care has a 1-year low of $26.65 and a 1-year high of $41.50. The stock has a 50 day simple moving average of $31.24 and a 200 day simple moving average of $33.76.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. Research analysts anticipate that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 annualized dividend and a yield of 1.96%. Edgewell Personal Care’s payout ratio is 32.79%.

Institutional Trading of Edgewell Personal Care

Several hedge funds and other institutional investors have recently modified their holdings of the business. Quadrant Capital Group LLC increased its position in shares of Edgewell Personal Care by 85.9% during the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company’s stock valued at $25,000 after buying an additional 347 shares during the period. Exchange Traded Concepts LLC boosted its stake in Edgewell Personal Care by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company’s stock worth $660,000 after buying an additional 495 shares in the last quarter. Blue Trust Inc. raised its position in Edgewell Personal Care by 18.7% in the 4th quarter. Blue Trust Inc. now owns 3,200 shares of the company’s stock worth $116,000 after purchasing an additional 503 shares during the period. Sanctuary Advisors LLC lifted its stake in shares of Edgewell Personal Care by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company’s stock valued at $695,000 after acquiring an additional 529 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of Edgewell Personal Care by 6.2% during the fourth quarter. Bank of Montreal Can now owns 10,890 shares of the company’s stock valued at $366,000 after purchasing an additional 636 shares during the period. Institutional investors own 91.91% of the company’s stock.

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.