APG Asset Management N.V. Decreases Stock Position in Edgewell Personal Care Co (NYSE:EPC)

APG Asset Management N.V. lowered its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 1.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,767,129 shares of the company’s stock after selling 18,060 shares during the period. APG Asset Management N.V. owned approximately 3.57% of Edgewell Personal Care worth $66,266,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EPC. Norges Bank purchased a new stake in Edgewell Personal Care during the 4th quarter worth $11,647,000. US Bancorp DE lifted its stake in shares of Edgewell Personal Care by 49.1% in the fourth quarter. US Bancorp DE now owns 23,813 shares of the company’s stock worth $872,000 after acquiring an additional 7,841 shares in the last quarter. TFO Wealth Partners LLC boosted its holdings in Edgewell Personal Care by 32,900.0% in the fourth quarter. TFO Wealth Partners LLC now owns 990 shares of the company’s stock valued at $36,000 after purchasing an additional 987 shares during the last quarter. Lighthouse Investment Partners LLC acquired a new stake in Edgewell Personal Care during the 4th quarter valued at approximately $2,762,000. Finally, Wellington Management Group LLP increased its holdings in Edgewell Personal Care by 16.1% during the 4th quarter. Wellington Management Group LLP now owns 168,022 shares of the company’s stock worth $6,155,000 after purchasing an additional 23,330 shares during the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Edgewell Personal Care Stock Performance

Shares of EPC opened at $36.29 on Friday. The stock has a market capitalization of $1.80 billion, a PE ratio of 15.18 and a beta of 0.87. The business’s fifty day moving average price is $38.36 and its 200 day moving average price is $38.45. 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 Co has a 12-month low of $33.71 and a 12-month high of $41.50.

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

Edgewell Personal Care Dividend Announcement

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

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.