Commerce Bank bought a new stake in Edgewell Personal Care Company (NYSE:EPC – Free Report) during the second quarter, Holdings Channel.com reports. The fund bought 136,926 shares of the company’s stock, valued at approximately $3,678,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in Edgewell Personal Care in the second quarter valued at $166,000. William Blair Investment Management LLC purchased a new position in shares of Edgewell Personal Care during the second quarter worth about $14,542,000. Madison Asset Management LLC purchased a new position in shares of Edgewell Personal Care during the second quarter worth about $3,599,000. BlackRock Inc. acquired a new stake in shares of Edgewell Personal Care during the second quarter worth about $197,543,000. Finally, Deutsche Bank AG acquired a new stake in shares of Edgewell Personal Care during the second quarter worth about $1,412,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.
Edgewell Personal Care Price Performance
Shares of NYSE:EPC opened at $28.37 on Tuesday. Edgewell Personal Care Company has a one year low of $15.73 and a one year high of $29.95. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -14.18 and a beta of 0.39. The company has a 50-day simple moving average of $27.21 and a 200-day simple moving average of $23.01. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.84.
Edgewell Personal Care Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 9th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Wednesday, September 9th. Edgewell Personal Care’s dividend payout ratio (DPR) is -30.00%.
Analysts Set New Price Targets
EPC has been the subject of a number of research analyst reports. Morgan Stanley set a $31.00 target price on Edgewell Personal Care in a research report on Thursday, August 6th. Canaccord Genuity Group lifted their price target on Edgewell Personal Care from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of Edgewell Personal Care in a research note on Wednesday, June 24th. Wall Street Zen raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Barclays raised their target price on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $31.83.
Edgewell Personal Care 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.
Read More
- Five stocks we like better than Edgewell Personal Care
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
Want to see what other hedge funds are holding EPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Edgewell Personal Care Company (NYSE:EPC – Free Report).
Receive News & Ratings for Edgewell Personal Care Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edgewell Personal Care and related companies with MarketBeat.com's FREE daily email newsletter.
