American Century Companies Inc. Purchases 64,257 Shares of Edgewell Personal Care Co (NYSE:EPC)

American Century Companies Inc. boosted its position in Edgewell Personal Care Co (NYSE:EPC) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,222,739 shares of the company’s stock after purchasing an additional 64,257 shares during the period. American Century Companies Inc. owned approximately 6.63% of Edgewell Personal Care worth $108,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in EPC. Kiker Wealth Management LLC purchased a new stake in shares of Edgewell Personal Care in the fourth quarter worth approximately $1,136,000. Teacher Retirement System of Texas grew its position in Edgewell Personal Care by 121.6% in the 4th quarter. Teacher Retirement System of Texas now owns 69,883 shares of the company’s stock valued at $2,348,000 after acquiring an additional 38,346 shares during the last quarter. Intech Investment Management LLC increased its stake in Edgewell Personal Care by 14.7% in the fourth quarter. Intech Investment Management LLC now owns 20,170 shares of the company’s stock worth $678,000 after purchasing an additional 2,587 shares during the period. William Blair Investment Management LLC lifted its position in shares of Edgewell Personal Care by 40.5% during the fourth quarter. William Blair Investment Management LLC now owns 878,390 shares of the company’s stock worth $29,514,000 after purchasing an additional 253,014 shares during the last quarter. Finally, Brandes Investment Partners LP boosted its stake in shares of Edgewell Personal Care by 21.1% during the fourth quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company’s stock valued at $68,600,000 after purchasing an additional 355,224 shares during the period. Institutional investors own 91.91% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Canaccord Genuity Group reduced their price target on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, February 11th. Barclays decreased their price target on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 11th. Royal Bank of Canada dropped their price objective on 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. UBS Group reduced their price objective 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. Finally, Wells Fargo & Company lowered their target price 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $36.57.

Edgewell Personal Care Stock Down 0.7 %

Edgewell Personal Care stock opened at $29.37 on Monday. Edgewell Personal Care Co has a twelve month low of $26.65 and a twelve month high of $41.50. The business has a fifty day moving average of $31.52 and a two-hundred day moving average of $34.00. The firm has a market cap of $1.42 billion, a P/E ratio of 16.05 and a beta of 1.04. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96.

Edgewell Personal Care (NYSE:EPC) last issued 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, analysts forecast that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be paid 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 2.04%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 32.79%.

About Edgewell Personal Care

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.