Invenomic Capital Management LP increased its holdings in shares of Edgewell Personal Care Company (NYSE:EPC – Free Report) by 16.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 516,678 shares of the company’s stock after buying an additional 71,246 shares during the quarter. Invenomic Capital Management LP’s holdings in Edgewell Personal Care were worth $8,809,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of the business. Cetera Investment Advisers lifted its holdings in Edgewell Personal Care by 4.1% during the fourth quarter. Cetera Investment Advisers now owns 12,789 shares of the company’s stock worth $218,000 after acquiring an additional 502 shares during the period. Madison Asset Management LLC lifted its position in shares of Edgewell Personal Care by 0.6% during the 4th quarter. Madison Asset Management LLC now owns 135,035 shares of the company’s stock valued at $2,302,000 after buying an additional 867 shares during the last quarter. Aster Capital Management DIFC Ltd lifted its position in shares of Edgewell Personal Care by 158.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock valued at $25,000 after buying an additional 910 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Edgewell Personal Care by 3.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,564 shares of the company’s stock valued at $891,000 after buying an additional 931 shares during the last quarter. Finally, Seizert Capital Partners LLC lifted its position in shares of Edgewell Personal Care by 3.4% during the 4th quarter. Seizert Capital Partners LLC now owns 30,076 shares of the company’s stock valued at $513,000 after buying an additional 988 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors.
Edgewell Personal Care Stock Performance
NYSE:EPC opened at $22.55 on Thursday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.81. Edgewell Personal Care Company has a 52-week low of $15.73 and a 52-week high of $27.24. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of -13.50 and a beta of 0.48. The business’s fifty day moving average is $20.52 and its 200 day moving average is $19.80.
Edgewell Personal Care Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 10th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Wednesday, June 10th. Edgewell Personal Care’s payout ratio is presently -35.93%.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. UBS Group upped their price target on Edgewell Personal Care from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Edgewell Personal Care in a research report on Friday, March 27th. Wall Street Zen raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research raised Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Royal Bank Of Canada set a $26.00 price target on Edgewell Personal Care and gave the company an “outperform” rating in a research report on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Edgewell Personal Care presently has an average rating of “Hold” and a consensus price target of $24.50.
Read Our Latest Research Report on EPC
Edgewell Personal Care Company Profile
Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings’ personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell’s portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.
In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men’s and women’s grooming categories.
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