Public Sector Pension Investment Board Acquires 6,677 Shares of Edgewell Personal Care Co (NYSE:EPC)

Public Sector Pension Investment Board raised its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 6.5% in the 2nd quarter, Holdings Channel reports. The firm owned 109,025 shares of the company’s stock after purchasing an additional 6,677 shares during the quarter. Public Sector Pension Investment Board’s holdings in Edgewell Personal Care were worth $4,382,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Sei Investments Co. grew its position in shares of Edgewell Personal Care by 6.8% in the 2nd quarter. Sei Investments Co. now owns 424,159 shares of the company’s stock valued at $17,045,000 after buying an additional 27,119 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Edgewell Personal Care in the second quarter worth approximately $84,000. XTX Topco Ltd bought a new stake in Edgewell Personal Care in the second quarter valued at approximately $569,000. Clearstead Trust LLC acquired a new stake in Edgewell Personal Care during the 2nd quarter valued at approximately $33,000. Finally, Renaissance Technologies LLC acquired a new stake in Edgewell Personal Care during the 2nd quarter valued at approximately $1,370,000. 91.91% of the stock is owned by institutional investors.

Edgewell Personal Care Trading Up 0.6 %

EPC opened at $36.29 on Friday. Edgewell Personal Care Co has a fifty-two week low of $33.71 and a fifty-two week high of $41.50. The firm has a market capitalization of $1.80 billion, a PE ratio of 15.18 and a beta of 0.87. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.79 and a quick ratio of 0.94. The company’s 50-day moving average is $38.36 and its 200 day moving average is $38.45.

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

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 4th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Wednesday, September 4th. Edgewell Personal Care’s dividend payout ratio is 25.10%.

Wall Street Analysts Forecast Growth

EPC has been the subject of several recent analyst reports. UBS Group decreased their price objective on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Finally, Barclays lowered their price objective on Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Edgewell Personal Care presently has a consensus 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.