Edgewell Personal Care (NYSE:EPC) Given New $36.00 Price Target at UBS Group

Edgewell Personal Care (NYSE:EPC) had its price target trimmed by UBS Group from $40.00 to $36.00 in a report released on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Other analysts have also recently issued research reports about the company. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Truist Financial decreased their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Wells Fargo & Company decreased their target price on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, Barclays decreased their target price on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a report on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $40.40.

Edgewell Personal Care Trading Up 2.4 %

NYSE EPC opened at $33.29 on Thursday. Edgewell Personal Care has a 12 month low of $31.20 and a 12 month high of $41.50. The company has a 50-day moving average of $34.78 and a 200-day moving average of $36.61. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. The company has a market cap of $1.62 billion, a P/E ratio of 16.98 and a beta of 0.89.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The company had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. During the same quarter in the prior year, the company posted $0.72 EPS. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. As a group, equities analysts predict that Edgewell Personal Care will post 3.21 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date was Tuesday, December 3rd. Edgewell Personal Care’s payout ratio is 30.61%.

Hedge Funds Weigh In On Edgewell Personal Care

A number of institutional investors have recently made changes to their positions in EPC. Prospera Private Wealth LLC acquired a new position in shares of Edgewell Personal Care in the 3rd quarter valued at approximately $48,000. Acadian Asset Management LLC acquired a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at approximately $53,000. Canada Pension Plan Investment Board acquired a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at approximately $84,000. TD Private Client Wealth LLC raised its position in shares of Edgewell Personal Care by 33.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after acquiring an additional 693 shares in the last quarter. Finally, Blue Trust Inc. raised its position in shares of Edgewell Personal Care by 14.0% during the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock valued at $108,000 after acquiring an additional 332 shares in the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Company 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.