Duality Advisers LP Grows Position in Edgewell Personal Care Co (NYSE:EPC)

Duality Advisers LP boosted its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 0.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 31,916 shares of the company’s stock after buying an additional 281 shares during the quarter. Duality Advisers LP’s holdings in Edgewell Personal Care were worth $1,233,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Central Pacific Bank Trust Division purchased a new position in Edgewell Personal Care during the first quarter valued at $632,000. Daiwa Securities Group Inc. purchased a new position in shares of Edgewell Personal Care in the first quarter valued at about $234,000. Janney Montgomery Scott LLC purchased a new position in shares of Edgewell Personal Care in the first quarter valued at about $568,000. BNP Paribas Financial Markets lifted its position in shares of Edgewell Personal Care by 91.5% in the first quarter. BNP Paribas Financial Markets now owns 27,175 shares of the company’s stock valued at $1,050,000 after acquiring an additional 12,988 shares in the last quarter. Finally, Commonwealth Equity Services LLC purchased a new position in shares of Edgewell Personal Care in the first quarter valued at about $685,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on EPC. Barclays boosted their target price on Edgewell Personal Care from $37.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Friday, May 10th. StockNews.com raised Edgewell Personal Care from a “hold” rating to a “buy” rating in a research note on Saturday, June 29th. Finally, Canaccord Genuity Group boosted their price objective on Edgewell Personal Care from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $42.25.

Edgewell Personal Care Trading Up 0.4 %

NYSE EPC traded up $0.16 during trading hours on Friday, hitting $40.28. 147,316 shares of the company were exchanged, compared to its average volume of 373,566. The stock has a 50-day moving average price of $39.32 and a 200 day moving average price of $38.10. The company has a quick ratio of 0.92, a current ratio of 1.84 and a debt-to-equity ratio of 0.87. Edgewell Personal Care Co has a 52 week low of $33.71 and a 52 week high of $42.15. The stock has a market cap of $2.00 billion, a PE ratio of 16.81 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Wednesday, May 8th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.14. The firm had revenue of $599.40 million for the quarter, compared to analysts’ expectations of $606.74 million. Edgewell Personal Care had a return on equity of 9.29% and a net margin of 5.40%. The company’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.56 earnings per share. Analysts forecast that Edgewell Personal Care Co will post 2.92 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Thursday, June 6th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, June 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.49%. Edgewell Personal Care’s dividend payout ratio is 25.10%.

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.