Inspire Advisors LLC Takes Position in Edgewell Personal Care Co (NYSE:EPC)

Inspire Advisors LLC purchased a new stake in shares of Edgewell Personal Care Co (NYSE:EPC) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,086 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. AlphaQuest LLC boosted its position in shares of Edgewell Personal Care by 1,075,233.3% during the 4th quarter. AlphaQuest LLC now owns 32,260 shares of the company’s stock valued at $1,084,000 after acquiring an additional 32,257 shares during the last quarter. Amundi raised its holdings in Edgewell Personal Care by 188.6% in the 4th quarter. Amundi now owns 25,051 shares of the company’s stock valued at $807,000 after buying an additional 16,370 shares during the period. Raymond James Financial Inc. purchased a new stake in Edgewell Personal Care in the 4th quarter valued at about $7,473,000. Aigen Investment Management LP raised its holdings in Edgewell Personal Care by 76.7% in the 4th quarter. Aigen Investment Management LP now owns 10,377 shares of the company’s stock valued at $349,000 after buying an additional 4,505 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in Edgewell Personal Care by 13.5% in the 4th quarter. Victory Capital Management Inc. now owns 477,803 shares of the company’s stock valued at $16,054,000 after buying an additional 56,917 shares during the period. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Barclays reduced their price objective on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. Canaccord Genuity Group reduced their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Morgan Stanley reduced their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. UBS Group cut 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, Wells Fargo & Company cut their price target on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $36.57.

Edgewell Personal Care Stock Down 2.9 %

EPC stock opened at $30.80 on Thursday. The company’s 50 day moving average price is $31.90 and its 200 day moving average price is $34.56. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 16.83 and a beta of 1.04. Edgewell Personal Care Co has a fifty-two week low of $26.65 and a fifty-two week high of $41.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06.

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

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be issued a $0.15 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.95%. Edgewell Personal Care’s payout ratio is 32.79%.

Edgewell Personal Care 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.