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

Amalgamated Bank cut its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 3.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,651 shares of the company’s stock after selling 500 shares during the period. Amalgamated Bank’s holdings in Edgewell Personal Care were worth $532,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of EPC. Vanguard Group Inc. raised its position in shares of Edgewell Personal Care by 0.5% in the first quarter. Vanguard Group Inc. now owns 5,833,364 shares of the company’s stock valued at $225,401,000 after buying an additional 29,217 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Edgewell Personal Care by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company’s stock valued at $145,524,000 after purchasing an additional 24,513 shares in the last quarter. Brandes Investment Partners LP raised its stake in Edgewell Personal Care by 19.7% during the 2nd quarter. Brandes Investment Partners LP now owns 1,529,647 shares of the company’s stock worth $61,545,000 after acquiring an additional 252,235 shares in the last quarter. LSV Asset Management increased its position in Edgewell Personal Care by 16.6% during the second quarter. LSV Asset Management now owns 1,071,354 shares of the company’s stock worth $43,058,000 after buying an additional 152,200 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of Edgewell Personal Care by 17.7% during the second quarter. Bank of New York Mellon Corp now owns 673,602 shares of the company’s stock worth $27,072,000 after buying an additional 101,533 shares during the period. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Truist Financial lowered their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. UBS Group lowered their price target on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th. Barclays decreased their price target on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a research report on Monday, November 11th. Finally, StockNews.com downgraded Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.40.

Edgewell Personal Care Price Performance

NYSE EPC opened at $34.73 on Friday. Edgewell Personal Care Co has a 52 week low of $33.27 and a 52 week high of $41.50. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of 17.72 and a beta of 0.86. The company has a 50-day moving average price of $35.56 and a two-hundred day moving average price of $37.97. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.67 by $0.05. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The business had revenue of $517.60 million during the quarter, compared to analyst estimates of $535.23 million. During the same period in the prior year, the business earned $0.72 earnings per share. The business’s quarterly revenue was down 3.1% on a year-over-year basis. Analysts forecast that Edgewell Personal Care Co will post 3.21 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be given a $0.15 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.73%. Edgewell Personal Care’s payout ratio is 30.61%.

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.