Gamco Investors INC. ET AL reduced its stake in Edgewell Personal Care Company (NYSE:EPC – Free Report) by 2.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 834,651 shares of the company’s stock after selling 19,328 shares during the period. Gamco Investors INC. ET AL owned approximately 1.81% of Edgewell Personal Care worth $17,811,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in EPC. Aster Capital Management DIFC Ltd boosted its position in shares of Edgewell Personal Care by 158.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock worth $25,000 after buying an additional 910 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Edgewell Personal Care in the fourth quarter valued at about $30,000. Quadrant Capital Group LLC raised its holdings in shares of Edgewell Personal Care by 291.9% during the 4th quarter. Quadrant Capital Group LLC now owns 1,975 shares of the company’s stock valued at $34,000 after buying an additional 1,471 shares during the period. Hantz Financial Services Inc. lifted its position in Edgewell Personal Care by 45.3% during the 4th quarter. Hantz Financial Services Inc. now owns 3,907 shares of the company’s stock worth $67,000 after acquiring an additional 1,218 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in Edgewell Personal Care by 67.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,201 shares of the company’s stock worth $98,000 after acquiring an additional 1,692 shares in the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.
Edgewell Personal Care Trading Up 3.2%
NYSE:EPC opened at $27.54 on Friday. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of -16.49 and a beta of 0.38. Edgewell Personal Care Company has a one year low of $15.73 and a one year high of $29.85. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.81. The business’s 50-day simple moving average is $23.30 and its 200 day simple moving average is $21.58.
Edgewell Personal Care Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Wednesday, June 10th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.2%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently -35.93%.
Analysts Set New Price Targets
EPC has been the subject of a number of analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Edgewell Personal Care in a report on Wednesday, June 24th. Canaccord Genuity Group lifted their price objective on shares of Edgewell Personal Care from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. UBS Group boosted their target price on shares of Edgewell Personal Care from $23.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Wells Fargo & Company upped their target price on shares of Edgewell Personal Care from $24.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Finally, Barclays raised their price target on shares of Edgewell Personal Care from $21.00 to $28.00 and gave the company an “equal weight” rating in a report on Tuesday. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $28.00.
Get Our Latest Stock 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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