Louisiana State Employees Retirement System Has $865,000 Position in Edgewell Personal Care Co (NYSE:EPC)

Louisiana State Employees Retirement System lessened its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 4.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 23,800 shares of the company’s stock after selling 1,100 shares during the period. Louisiana State Employees Retirement System’s holdings in Edgewell Personal Care were worth $865,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in EPC. Duality Advisers LP increased its holdings in Edgewell Personal Care by 0.9% in the first quarter. Duality Advisers LP now owns 31,916 shares of the company’s stock valued at $1,233,000 after purchasing an additional 281 shares during the last quarter. Blue Trust Inc. grew its position in shares of Edgewell Personal Care by 14.0% during the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after buying an additional 332 shares during the period. State Board of Administration of Florida Retirement System increased its stake in shares of Edgewell Personal Care by 2.8% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 20,897 shares of the company’s stock valued at $886,000 after acquiring an additional 571 shares during the last quarter. ProShare Advisors LLC raised its position in shares of Edgewell Personal Care by 6.1% in the 1st quarter. ProShare Advisors LLC now owns 10,051 shares of the company’s stock valued at $388,000 after acquiring an additional 574 shares during the period. Finally, Clearstead Trust LLC bought a new position in Edgewell Personal Care during the 2nd quarter worth approximately $33,000. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Trading Up 0.3 %

Shares of NYSE:EPC opened at $35.07 on Monday. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 14.86 and a beta of 0.86. Edgewell Personal Care Co has a 12 month low of $33.27 and a 12 month high of $41.50. The company’s fifty day simple moving average is $36.42 and its 200 day simple moving average is $38.08. The company has a quick ratio of 0.94, a current ratio of 1.79 and a debt-to-equity ratio of 0.82.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.21. The firm had revenue of $647.80 million for 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 revenue for the quarter was down .3% on a year-over-year basis. During the same quarter last year, the business posted $0.98 EPS. As a group, research analysts forecast that Edgewell Personal Care Co will post 3 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 4th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend was Wednesday, September 4th. Edgewell Personal Care’s payout ratio is 25.42%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. UBS Group lowered their target price on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Barclays lowered their price objective on shares of Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating for the company in a research report on Friday, October 11th. StockNews.com lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Finally, Truist Financial lowered their price target on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $41.00.

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.