Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Phocas Financial Corp.

Phocas Financial Corp. trimmed its position in Edgewell Personal Care Co (NYSE:EPC) by 85.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,439 shares of the company’s stock after selling 99,002 shares during the period. Phocas Financial Corp.’s holdings in Edgewell Personal Care were worth $586,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC purchased a new stake in shares of Edgewell Personal Care in the third quarter valued at about $6,128,000. Barclays PLC lifted its position in Edgewell Personal Care by 563.6% in the third quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after purchasing an additional 126,168 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Edgewell Personal Care by 12.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock valued at $25,122,000 after purchasing an additional 85,467 shares in the last quarter. Chartwell Investment Partners LLC increased its position in Edgewell Personal Care by 54.3% during the 3rd quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock worth $7,670,000 after purchasing an additional 74,315 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Edgewell Personal Care by 411.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,320 shares of the company’s stock worth $3,137,000 after buying an additional 69,435 shares in the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Stock Performance

NYSE:EPC opened at $31.97 on Wednesday. Edgewell Personal Care Co has a twelve month low of $26.65 and a twelve month high of $41.50. The company has a market capitalization of $1.54 billion, a P/E ratio of 17.47 and a beta of 0.88. 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 firm has a 50-day moving average price of $32.42 and a two-hundred day moving average price of $35.05.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. As a group, research analysts expect that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 annualized dividend and a dividend yield of 1.88%. Edgewell Personal Care’s dividend payout ratio is currently 32.79%.

Wall Street Analysts Forecast Growth

EPC has been the topic of a number of analyst reports. UBS Group decreased their price target on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Wells Fargo & Company decreased their target price on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 11th. Royal Bank of Canada cut their price target on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. Morgan Stanley decreased their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. Finally, Canaccord Genuity Group dropped their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, Edgewell Personal Care currently has an average rating of “Hold” and an average price target of $36.57.

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.