Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Commerce Bank

Commerce Bank reduced its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 208,640 shares of the company’s stock after selling 2,735 shares during the period. Commerce Bank owned about 0.42% of Edgewell Personal Care worth $7,642,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EPC. Wellington Management Group LLP increased its stake in Edgewell Personal Care by 22.9% during the 3rd quarter. Wellington Management Group LLP now owns 144,692 shares of the company’s stock worth $5,348,000 after buying an additional 26,913 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Edgewell Personal Care by 274.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 50,085 shares of the company’s stock worth $1,835,000 after acquiring an additional 36,723 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Edgewell Personal Care by 4.8% in the fourth quarter. Victory Capital Management Inc. now owns 432,041 shares of the company’s stock valued at $15,826,000 after purchasing an additional 19,718 shares during the last quarter. Nicola Wealth Management LTD. grew its stake in Edgewell Personal Care by 36.9% during the 4th quarter. Nicola Wealth Management LTD. now owns 74,200 shares of the company’s stock valued at $2,718,000 after purchasing an additional 20,000 shares in the last quarter. Finally, FMR LLC increased its holdings in Edgewell Personal Care by 4,213.9% during the 3rd quarter. FMR LLC now owns 104,872 shares of the company’s stock worth $3,876,000 after purchasing an additional 102,441 shares during the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Trading Down 2.0 %

NYSE:EPC opened at $38.95 on Friday. The firm has a market capitalization of $1.93 billion, a P/E ratio of 16.30 and a beta of 0.95. The business has a 50 day simple moving average of $37.90 and a 200 day simple moving average of $37.17. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.84 and a quick ratio of 0.92. Edgewell Personal Care Co has a 12-month low of $33.71 and a 12-month high of $43.90.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.14. Edgewell Personal Care had a net margin of 5.40% and a return on equity of 9.29%. The company had revenue of $599.40 million during the quarter, compared to the consensus estimate of $606.74 million. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. Equities research analysts predict that Edgewell Personal Care Co will post 2.92 EPS for the current year.

Edgewell Personal Care Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Thursday, June 6th will be paid a $0.15 dividend. The ex-dividend date is Thursday, June 6th. This represents a $0.60 annualized dividend and a dividend yield of 1.54%. Edgewell Personal Care’s payout ratio is currently 25.10%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on EPC shares. Canaccord Genuity Group boosted their target price on shares of Edgewell Personal Care from $52.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Wells Fargo & Company upped their price objective on Edgewell Personal Care from $40.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, February 8th. Barclays lifted their target price on Edgewell Personal Care from $37.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Friday, May 10th. Finally, StockNews.com raised Edgewell Personal Care from a “hold” rating to a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $42.25.

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.