Edgewell Personal Care Co (NYSE:EPC) Shares Acquired by AlphaQuest LLC

AlphaQuest LLC lifted its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 1,075,233.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,260 shares of the company’s stock after purchasing an additional 32,257 shares during the quarter. AlphaQuest LLC owned about 0.07% of Edgewell Personal Care worth $1,084,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Amundi grew its stake in shares of Edgewell Personal Care by 188.6% during the 4th quarter. Amundi now owns 25,051 shares of the company’s stock worth $807,000 after purchasing an additional 16,370 shares during the period. Raymond James Financial Inc. acquired a new stake in Edgewell Personal Care in the 4th quarter valued at about $7,473,000. Aigen Investment Management LP grew its stake in Edgewell Personal Care by 76.7% in the 4th quarter. Aigen Investment Management LP now owns 10,377 shares of the company’s stock valued at $349,000 after acquiring an additional 4,505 shares during the last quarter. Victory Capital Management Inc. grew its stake in Edgewell Personal Care by 13.5% in the 4th quarter. Victory Capital Management Inc. now owns 477,803 shares of the company’s stock valued at $16,054,000 after acquiring an additional 56,917 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Edgewell Personal Care by 4.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 817,042 shares of the company’s stock valued at $27,453,000 after acquiring an additional 38,353 shares during the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Royal Bank of Canada lowered their price objective 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. Morgan Stanley lowered 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 research note on Tuesday, February 11th. Barclays lowered their price objective on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 11th. Wells Fargo & Company lowered their price objective 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. Finally, Canaccord Genuity Group reduced 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 report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $36.57.

Edgewell Personal Care Price Performance

NYSE:EPC opened at $32.16 on Tuesday. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 17.57 and a beta of 1.04. 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 company’s 50-day moving average is $31.96 and its two-hundred day moving average is $34.68. Edgewell Personal Care Co has a 12-month low of $26.65 and a 12-month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last released its 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 net margin of 4.09% and a return on equity of 9.29%. Research analysts expect that Edgewell Personal Care Co will post 3.16 EPS for the current year.

Edgewell Personal Care Dividend Announcement

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 issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 annualized dividend and a dividend yield of 1.87%. Edgewell Personal Care’s payout ratio is currently 32.79%.

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.