Edgewell Personal Care Co (NYSE:EPC) Shares Purchased by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. lifted its stake in Edgewell Personal Care Co (NYSE:EPC) by 411.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,320 shares of the company’s stock after buying an additional 69,435 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.18% of Edgewell Personal Care worth $3,137,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its stake in Edgewell Personal Care by 25.5% during the 1st quarter. Russell Investments Group Ltd. now owns 40,431 shares of the company’s stock valued at $1,562,000 after acquiring an additional 8,214 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Edgewell Personal Care by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 5,833,364 shares of the company’s stock valued at $225,401,000 after purchasing an additional 29,217 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in Edgewell Personal Care by 11.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 83,832 shares of the company’s stock worth $3,237,000 after purchasing an additional 8,468 shares during the period. Lazard Asset Management LLC purchased a new stake in Edgewell Personal Care in the 1st quarter worth about $116,000. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Edgewell Personal Care by 4.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 36,253 shares of the company’s stock worth $1,401,000 after purchasing an additional 1,564 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on EPC shares. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Barclays cut their price target on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a research note on Monday, November 11th. UBS Group dropped their price objective on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. Finally, Truist Financial reduced their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Edgewell Personal Care presently has a consensus rating of “Moderate Buy” and an average price target of $42.40.

Edgewell Personal Care Stock Up 2.7 %

Shares of EPC stock opened at $35.97 on Monday. The stock’s 50 day simple moving average is $35.41 and its 200 day simple moving average is $37.87. Edgewell Personal Care Co has a twelve month low of $33.27 and a twelve month high of $41.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 18.35 and a beta of 0.86.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. The company had revenue of $517.60 million for the quarter, compared to analyst estimates of $535.23 million. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.72 earnings per share. As a group, research analysts predict that Edgewell Personal Care Co will post 3.21 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend is Tuesday, December 3rd. Edgewell Personal Care’s dividend payout ratio is currently 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.