Plancorp LLC Sells 12,499 Shares of Edgewell Personal Care Co (NYSE:EPC)

Plancorp LLC lowered its stake in Edgewell Personal Care Co (NYSE:EPC) by 26.7% in the 4th quarter, Holdings Channel reports. The firm owned 34,335 shares of the company’s stock after selling 12,499 shares during the quarter. Plancorp LLC’s holdings in Edgewell Personal Care were worth $1,154,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in EPC. Prospera Private Wealth LLC bought a new position in Edgewell Personal Care in the 3rd quarter worth about $48,000. Segall Bryant & Hamill LLC bought a new position in Edgewell Personal Care in the 3rd quarter worth about $1,843,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Edgewell Personal Care by 411.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,320 shares of the company’s stock worth $3,137,000 after purchasing an additional 69,435 shares during the period. Intech Investment Management LLC bought a new position in Edgewell Personal Care in the 3rd quarter worth about $639,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Edgewell Personal Care by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 778,689 shares of the company’s stock valued at $28,298,000 after acquiring an additional 22,209 shares in the last quarter. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Stock Performance

Shares of NYSE EPC opened at $29.37 on Friday. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 16.05 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. Edgewell Personal Care Co has a 1-year low of $26.65 and a 1-year high of $41.50. The stock’s 50-day moving average is $31.52 and its 200 day moving average is $34.09.

Edgewell Personal Care (NYSE:EPC) last announced 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 net margin of 4.09% and a return on equity of 9.29%. On average, sell-side analysts anticipate that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 annualized dividend and a yield of 2.04%. Edgewell Personal Care’s payout ratio is 32.79%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Morgan Stanley lowered their price target 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. Royal Bank of Canada lowered their price target on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. UBS Group lowered their price target on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Canaccord Genuity Group lowered their price target on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Finally, Barclays lowered their price target on 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. One 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.com, the company currently has a consensus rating of “Hold” and an average price target of $36.57.

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.