Allspring Global Investments Holdings LLC Buys 85,467 Shares of Edgewell Personal Care Co (NYSE:EPC)

Allspring Global Investments Holdings LLC grew its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 12.9% in the 4th quarter, Holdings Channel reports. The firm owned 750,369 shares of the company’s stock after acquiring an additional 85,467 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Edgewell Personal Care were worth $25,122,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EPC. R Squared Ltd acquired a new stake in shares of Edgewell Personal Care during the fourth quarter worth $36,000. Prospera Private Wealth LLC bought a new stake in Edgewell Personal Care during the third quarter valued at $48,000. KBC Group NV grew its holdings in Edgewell Personal Care by 56.5% during the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after acquiring an additional 823 shares during the period. TD Private Client Wealth LLC raised its position in shares of Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after acquiring an additional 693 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Edgewell Personal Care by 14.0% in the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock valued at $108,000 after purchasing an additional 332 shares during the period. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Trading Up 0.3 %

Shares of Edgewell Personal Care stock opened at $29.81 on Friday. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. The stock has a fifty day simple moving average of $33.13 and a 200 day simple moving average of $35.45. Edgewell Personal Care Co has a 12-month low of $26.65 and a 12-month high of $41.50. The company has a market capitalization of $1.45 billion, a P/E ratio of 15.21 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. On average, sell-side analysts anticipate that Edgewell Personal Care Co will post 3.19 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.01%. Edgewell Personal Care’s payout ratio is presently 30.61%.

Analyst Ratings Changes

Several equities research analysts recently commented on EPC shares. Morgan Stanley decreased their target price on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday, February 11th. UBS Group cut their price target 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. Barclays decreased their price objective on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, February 11th. Wells Fargo & Company cut their target price 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, Canaccord Genuity Group decreased their price target on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $36.57.

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.