Edgewell Personal Care Co (NYSE:EPC) Shares Sold by CENTRAL TRUST Co

CENTRAL TRUST Co reduced its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 2.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,365 shares of the company’s stock after selling 500 shares during the quarter. CENTRAL TRUST Co’s holdings in Edgewell Personal Care were worth $631,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in EPC. Clearstead Trust LLC purchased a new stake in shares of Edgewell Personal Care in the 2nd quarter worth about $33,000. Acadian Asset Management LLC acquired a new position in Edgewell Personal Care during the second quarter worth about $53,000. Innealta Capital LLC acquired a new position in Edgewell Personal Care during the second quarter worth about $76,000. Canada Pension Plan Investment Board purchased a new stake in shares of Edgewell Personal Care in the second quarter valued at about $84,000. Finally, Blue Trust Inc. increased its stake in shares of Edgewell Personal Care by 32.5% during the 2nd quarter. Blue Trust Inc. now owns 2,365 shares of the company’s stock worth $91,000 after purchasing an additional 580 shares in the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

Edgewell Personal Care Stock Performance

NYSE EPC opened at $34.50 on Friday. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $1.70 billion, a PE ratio of 14.62 and a beta of 0.86. The business’s 50-day moving average price is $36.83 and its 200 day moving average price is $38.09. Edgewell Personal Care Co has a twelve month low of $33.27 and a twelve month high of $41.50.

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

Edgewell Personal Care Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Wednesday, September 4th. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 25.42%.

Analysts Set New Price Targets

EPC has been the topic of a number of recent research reports. Barclays reduced their target price on Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Friday, October 11th. UBS Group decreased their price objective on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Finally, Truist Financial reduced their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Edgewell Personal Care currently has an average rating of “Hold” and a consensus target price of $41.00.

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.