Edgewell Personal Care (NYSE:EPC) Cut to “Sell” at StockNews.com

StockNews.com downgraded shares of Edgewell Personal Care (NYSE:EPC) from a hold rating to a sell rating in a research note released on Saturday morning.

A number of other brokerages also recently commented on EPC. Canaccord Genuity Group lowered their price objective on 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. Wells Fargo & Company dropped their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a report on Tuesday, February 11th. Barclays reduced their target price on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 11th. UBS Group dropped their price target on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Finally, Morgan Stanley reduced their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $36.57.

Edgewell Personal Care Trading Up 1.9 %

Edgewell Personal Care stock opened at $31.24 on Friday. Edgewell Personal Care has a 1 year low of $26.65 and a 1 year high of $41.50. The firm’s 50-day moving average is $31.19 and its 200-day moving average is $33.71. 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 company has a market cap of $1.51 billion, a P/E ratio of 17.07 and a beta of 1.04.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. On average, equities analysts expect that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 annualized dividend and a yield of 1.92%. Edgewell Personal Care’s payout ratio is 32.79%.

Hedge Funds Weigh In On Edgewell Personal Care

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC raised its position in Edgewell Personal Care by 85.9% in the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company’s stock worth $25,000 after acquiring an additional 347 shares in the last quarter. R Squared Ltd bought a new stake in shares of Edgewell Personal Care in the 4th quarter worth approximately $36,000. Wolverine Asset Management LLC raised its holdings 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 worth $39,000 after purchasing an additional 800 shares in the last quarter. Sterling Capital Management LLC lifted its stake in Edgewell Personal Care by 805.9% during the fourth quarter. Sterling Capital Management LLC now owns 1,531 shares of the company’s stock valued at $51,000 after purchasing an additional 1,362 shares during the last quarter. Finally, KBC Group NV boosted its holdings in Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after buying an additional 823 shares in the last quarter. 91.91% of the stock is owned by institutional investors.

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.