Edgewell Personal Care Co (NYSE:EPC) Shares Bought by Prudential Financial Inc.

Prudential Financial Inc. boosted its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 30.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 243,774 shares of the company’s stock after purchasing an additional 57,115 shares during the period. Prudential Financial Inc.’s holdings in Edgewell Personal Care were worth $8,191,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. R Squared Ltd purchased a new stake in shares of Edgewell Personal Care in the fourth quarter worth about $36,000. Wolverine Asset Management LLC lifted its holdings in Edgewell Personal Care by 217.4% in the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after acquiring an additional 800 shares during the period. KBC Group NV boosted its position in Edgewell Personal Care by 56.5% in the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after purchasing an additional 823 shares in the last quarter. TD Private Client Wealth LLC grew its stake in shares of Edgewell Personal Care by 33.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after purchasing an additional 693 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of Edgewell Personal Care by 18.7% during the 4th quarter. Blue Trust Inc. now owns 3,200 shares of the company’s stock valued at $116,000 after purchasing an additional 503 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Price Performance

Shares of EPC stock opened at $30.68 on Friday. The firm’s 50-day moving average is $31.24 and its two-hundred day moving average is $33.76. Edgewell Personal Care Co has a 12 month low of $26.65 and a 12 month high of $41.50. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. The company has a market capitalization of $1.48 billion, a PE ratio of 16.77 and a beta of 1.04.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. Analysts predict that Edgewell Personal Care Co will post 3.16 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio is presently 32.79%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Barclays lowered their price target on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. StockNews.com cut Edgewell Personal Care from a “hold” rating to a “sell” rating in a report on Saturday. Morgan Stanley dropped their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. Canaccord Genuity Group reduced their target price on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Finally, Wells Fargo & Company dropped their price target on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus 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.