Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. reduced its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,973 shares of the company’s stock after selling 660 shares during the period. Alliancebernstein L.P.’s holdings in Edgewell Personal Care were worth $1,948,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of EPC. R Squared Ltd purchased a new stake in Edgewell Personal Care in the fourth quarter valued at approximately $36,000. Wolverine Asset Management LLC boosted 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 purchasing an additional 800 shares in the last quarter. KBC Group NV raised its stake in Edgewell Personal Care by 56.5% during the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after acquiring an additional 823 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Edgewell Personal Care by 18.7% in 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 during the last quarter. Finally, Inspire Advisors LLC purchased a new stake in Edgewell Personal Care in the 4th quarter valued at $204,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on EPC. Wells Fargo & Company decreased their price target on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, February 11th. Barclays dropped their price target on Edgewell Personal Care from $30.00 to $28.00 and set an “equal weight” rating for the company in a research report on Friday, April 11th. StockNews.com upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Tuesday, April 8th. Canaccord Genuity Group decreased their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th. Finally, 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 on the stock in a research note on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $36.29.

Edgewell Personal Care Trading Down 0.9 %

NYSE EPC opened at $29.22 on Thursday. Edgewell Personal Care Co has a 52 week low of $26.65 and a 52 week high of $41.50. 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 stock has a market cap of $1.41 billion, a P/E ratio of 15.97 and a beta of 0.94. The company’s fifty day simple moving average is $30.19 and its 200-day simple moving average is $33.09.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) 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%. Equities research analysts predict that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date was Wednesday, March 5th. Edgewell Personal Care’s payout ratio is 32.79%.

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.