Cypress Wealth Services LLC Purchases Shares of 5,121 Edgewell Personal Care Co (NYSE:EPC)

Cypress Wealth Services LLC purchased a new stake in shares of Edgewell Personal Care Co (NYSE:EPC) during the second quarter, Holdings Channel reports. The fund purchased 5,121 shares of the company’s stock, valued at approximately $206,000.

A number of other institutional investors have also bought and sold shares of EPC. Norges Bank bought a new stake in Edgewell Personal Care during the fourth quarter valued at $11,647,000. Allspring Global Investments Holdings LLC boosted its position in Edgewell Personal Care by 483.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 292,395 shares of the company’s stock valued at $11,298,000 after acquiring an additional 242,310 shares during the last quarter. Brandes Investment Partners LP boosted its position in Edgewell Personal Care by 11.2% during the fourth quarter. Brandes Investment Partners LP now owns 1,195,041 shares of the company’s stock valued at $43,774,000 after acquiring an additional 120,772 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Edgewell Personal Care by 3.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,575,663 shares of the company’s stock valued at $130,976,000 after acquiring an additional 103,751 shares during the last quarter. Finally, Confluence Investment Management LLC bought a new stake in Edgewell Personal Care during the first quarter valued at $3,609,000. Institutional investors own 91.91% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on EPC. Barclays dropped their price objective on shares of Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating on the stock in a report on Wednesday. Canaccord Genuity Group upped their price objective on shares of Edgewell Personal Care from $52.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, May 9th. StockNews.com lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Thursday. Finally, UBS Group dropped their price objective on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $41.80.

Edgewell Personal Care Trading Down 0.4 %

NYSE:EPC traded down $0.15 during trading hours on Friday, reaching $37.37. The company’s stock had a trading volume of 316,991 shares, compared to its average volume of 385,944. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 15.64 and a beta of 0.88. The firm has a 50-day simple moving average of $39.45 and a 200-day simple moving average of $38.47. Edgewell Personal Care Co has a 1 year low of $33.71 and a 1 year high of $41.50. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.92 and a current ratio of 1.84.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Tuesday, August 6th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.21. The company had revenue of $647.80 million for the quarter, compared to analysts’ expectations of $649.67 million. Edgewell Personal Care had a net margin of 5.40% and a return on equity of 9.29%. The firm’s revenue was down .3% compared to the same quarter last year. During the same quarter last year, the company earned $0.98 EPS. Research analysts expect that Edgewell Personal Care Co will post 2.92 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Wednesday, September 4th. Edgewell Personal Care’s payout ratio is presently 25.10%.

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.