Clearstead Trust LLC Takes Position in Edgewell Personal Care Co (NYSE:EPC)

Clearstead Trust LLC purchased a new stake in Edgewell Personal Care Co (NYSE:EPC) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 820 shares of the company’s stock, valued at approximately $33,000.

Other institutional investors have also modified their holdings of the company. Lighthouse Investment Partners LLC bought a new stake in shares of Edgewell Personal Care in the 4th quarter valued at about $2,762,000. Sei Investments Co. boosted its stake in Edgewell Personal Care by 4.0% in the 1st quarter. Sei Investments Co. now owns 397,040 shares of the company’s stock worth $15,342,000 after purchasing an additional 15,131 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Edgewell Personal Care by 91.5% in the 1st quarter. BNP Paribas Financial Markets now owns 27,175 shares of the company’s stock worth $1,050,000 after purchasing an additional 12,988 shares in the last quarter. Confluence Investment Management LLC acquired a new stake in Edgewell Personal Care in the 1st quarter worth approximately $3,609,000. Finally, LSV Asset Management boosted its stake in Edgewell Personal Care by 16.6% in the 2nd quarter. LSV Asset Management now owns 1,071,354 shares of the company’s stock worth $43,058,000 after purchasing an additional 152,200 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Stock Down 1.7 %

EPC stock opened at $36.84 on Tuesday. The firm’s fifty day simple moving average is $39.01 and its 200-day simple moving average is $38.55. The company has a market capitalization of $1.83 billion, a P/E ratio of 15.41 and a beta of 0.87. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.79 and a quick ratio of 0.94. Edgewell Personal Care Co has a 12 month low of $33.71 and a 12 month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.01 by $0.21. The business had revenue of $647.80 million for the quarter, compared to the consensus estimate of $649.67 million. Edgewell Personal Care had a net margin of 5.26% and a return on equity of 9.92%. The business’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.98 EPS. As a group, equities research analysts forecast that Edgewell Personal Care Co will post 3 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Wednesday, September 4th. Edgewell Personal Care’s dividend payout ratio is currently 25.10%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on EPC shares. Barclays lowered their target price on shares of Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 7th. StockNews.com upgraded shares of Edgewell Personal Care from a “hold” rating to a “buy” rating in a research note on Wednesday, September 11th. Finally, 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $41.80.

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.