Quantinno Capital Management LP boosted its position in Edgewell Personal Care Company (NYSE:EPC – Free Report) by 183.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 52,607 shares of the company’s stock after buying an additional 34,024 shares during the period. Quantinno Capital Management LP’s holdings in Edgewell Personal Care were worth $1,123,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in 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 acquiring an additional 931 shares during the period. Woodline Partners LP acquired a new stake in shares of Edgewell Personal Care in the first quarter worth $2,655,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Edgewell Personal Care by 16.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 117,127 shares of the company’s stock worth $3,656,000 after acquiring an additional 16,285 shares during the period. Jane Street Group LLC raised its holdings in shares of Edgewell Personal Care by 80.6% during the first quarter. Jane Street Group LLC now owns 81,179 shares of the company’s stock worth $2,534,000 after purchasing an additional 36,239 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Edgewell Personal Care during the second quarter worth $214,000. Institutional investors and hedge funds own 91.91% of the company’s stock.
Edgewell Personal Care Price Performance
NYSE:EPC opened at $28.38 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.84 and a quick ratio of 1.12. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of -14.19 and a beta of 0.39. The company has a 50 day moving average price of $26.42 and a 200-day moving average price of $22.61. Edgewell Personal Care Company has a 1-year low of $15.73 and a 1-year high of $29.95.
Edgewell Personal Care Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 9th will be given a $0.15 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.1%. Edgewell Personal Care’s dividend payout ratio is -30.00%.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on EPC. Barclays boosted their target price on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Edgewell Personal Care in a research report on Wednesday, June 24th. Wells Fargo & Company lifted their price objective on Edgewell Personal Care from $24.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Morgan Stanley set a $31.00 price objective on Edgewell Personal Care in a report on Thursday, August 6th. Finally, Wall Street Zen upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $31.83.
Check Out Our Latest Stock Report on EPC
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.
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