Quantinno Capital Management LP raised its position in shares of Edgewell Personal Care Company (NYSE:EPC – Free Report) by 183.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,607 shares of the company’s stock after purchasing an additional 34,024 shares during the period. Quantinno Capital Management LP owned about 0.11% of Edgewell Personal Care worth $1,123,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also made changes to their positions in the company. Cetera Investment Advisers grew its position in shares of Edgewell Personal Care by 4.1% during the 4th quarter. Cetera Investment Advisers now owns 12,789 shares of the company’s stock worth $218,000 after buying an additional 502 shares in the last quarter. Madison Asset Management LLC raised its holdings in shares of Edgewell Personal Care by 0.6% in the fourth quarter. Madison Asset Management LLC now owns 135,035 shares of the company’s stock valued at $2,302,000 after acquiring an additional 867 shares in the last quarter. Aster Capital Management DIFC Ltd raised its holdings in shares of Edgewell Personal Care by 158.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock valued at $25,000 after acquiring an additional 910 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Edgewell Personal Care by 3.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,564 shares of the company’s stock worth $891,000 after acquiring an additional 931 shares during the period. Finally, Seizert Capital Partners LLC lifted its stake in Edgewell Personal Care by 3.4% in the fourth quarter. Seizert Capital Partners LLC now owns 30,076 shares of the company’s stock worth $513,000 after acquiring an additional 988 shares during the period. 91.91% of the stock is currently owned by hedge funds and other institutional investors.
Edgewell Personal Care Stock Performance
Shares of Edgewell Personal Care stock opened at $28.38 on Friday. The company has a market capitalization of $1.31 billion, a PE ratio of -14.19 and a beta of 0.39. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.84. The company has a 50-day simple moving average of $26.42 and a two-hundred day simple moving average of $22.61. Edgewell Personal Care Company has a one year low of $15.73 and a one year high of $29.95.
Edgewell Personal Care Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 9th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. Edgewell Personal Care’s payout ratio is currently -30.00%.
Analysts Set New Price Targets
A number of research analysts have commented on EPC shares. Royal Bank Of Canada raised their target price on shares of Edgewell Personal Care from $26.00 to $35.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Morgan Stanley set a $31.00 price target on shares of Edgewell Personal Care in a research report on Thursday, August 6th. Barclays increased their price objective on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Wells Fargo & Company lifted their price objective on shares of Edgewell Personal Care from $24.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, July 8th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Edgewell Personal Care in a research note on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Edgewell Personal Care currently has a consensus rating of “Hold” and a consensus target price of $31.83.
Check Out Our Latest Analysis on Edgewell Personal Care
Edgewell Personal Care Company Profile
Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings’ personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell’s portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.
In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men’s and women’s grooming categories.
Further Reading
- Five stocks we like better than Edgewell Personal Care
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Want to see what other hedge funds are holding EPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Edgewell Personal Care Company (NYSE:EPC – Free Report).
Receive News & Ratings for Edgewell Personal Care Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edgewell Personal Care and related companies with MarketBeat.com's FREE daily email newsletter.
