Great Lakes Advisors LLC Has $3.59 Million Position in Edgewell Personal Care Co (NYSE:EPC)

Great Lakes Advisors LLC cut its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 7.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 106,878 shares of the company’s stock after selling 8,504 shares during the quarter. Great Lakes Advisors LLC owned about 0.22% of Edgewell Personal Care worth $3,591,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Empowered Funds LLC acquired a new position in shares of Edgewell Personal Care during the 3rd quarter worth approximately $6,128,000. Intech Investment Management LLC acquired a new position in shares of Edgewell Personal Care during the 3rd quarter worth approximately $639,000. Barclays PLC grew its holdings in Edgewell Personal Care by 563.6% in the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after buying an additional 126,168 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Edgewell Personal Care by 6.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock valued at $24,345,000 after buying an additional 39,059 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in Edgewell Personal Care by 12.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock valued at $25,122,000 after buying an additional 85,467 shares in the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Stock Performance

EPC opened at $30.37 on Friday. The firm has a market cap of $1.46 billion, a P/E ratio of 16.59 and a beta of 1.04. Edgewell Personal Care Co has a 52-week low of $26.65 and a 52-week high of $41.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The business’s fifty day moving average is $31.78 and its 200-day moving average is $34.51.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. Sell-side analysts expect that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be given 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 1.98%. Edgewell Personal Care’s dividend payout ratio is currently 32.79%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Royal Bank of Canada decreased their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Morgan Stanley decreased their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. UBS Group decreased 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. Wells Fargo & Company decreased their price objective on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a report on Tuesday, February 11th. Finally, Barclays decreased their price objective on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $36.57.

Edgewell Personal Care Company 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.