Inspire Advisors LLC Takes $204,000 Position in Edgewell Personal Care Co (NYSE:EPC)

Inspire Advisors LLC acquired a new stake in Edgewell Personal Care Co (NYSE:EPC) during the fourth quarter, Holdings Channel.com reports. The firm acquired 6,086 shares of the company’s stock, valued at approximately $204,000.

Other hedge funds have also recently modified their holdings of the company. R Squared Ltd purchased a new position in shares of Edgewell Personal Care in the 4th quarter valued at $36,000. Wolverine Asset Management LLC grew its position in shares of Edgewell Personal Care by 217.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after buying an additional 800 shares during the last quarter. Prospera Private Wealth LLC purchased a new position in shares of Edgewell Personal Care in the 3rd quarter valued at $48,000. KBC Group NV grew its position in shares of Edgewell Personal Care by 56.5% in the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock valued at $77,000 after buying an additional 823 shares during the last quarter. Finally, TD Private Client Wealth LLC grew 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 valued at $101,000 after buying an additional 693 shares during the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EPC has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their target price on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 11th. Canaccord Genuity Group lowered their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th. Royal Bank of Canada lowered their price objective on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. UBS Group lowered their price objective on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, Morgan Stanley lowered their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $36.57.

Edgewell Personal Care Stock Down 2.9 %

Shares of NYSE:EPC opened at $30.80 on Thursday. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 16.83 and a beta of 1.04. The firm’s 50-day simple moving average is $31.90 and its 200-day simple moving average is $34.56. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. Edgewell Personal Care Co has a fifty-two week low of $26.65 and a fifty-two week high of $41.50.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results 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 net margin of 4.09% and a return on equity of 9.29%. As a group, equities research analysts predict that Edgewell Personal Care Co will post 3.16 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend is Wednesday, March 5th. Edgewell Personal Care’s payout ratio is 32.79%.

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.