EMC Capital Management Invests $94,000 in Edgewell Personal Care Company $EPC

EMC Capital Management purchased a new position in shares of Edgewell Personal Care Company (NYSE:EPC) in the second quarter, HoldingsChannel.com reports. The firm purchased 4,006 shares of the company’s stock, valued at approximately $94,000.

A number of other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its holdings in shares of Edgewell Personal Care by 20.1% in the first quarter. Envestnet Asset Management Inc. now owns 42,209 shares of the company’s stock valued at $1,317,000 after buying an additional 7,067 shares during the last quarter. Arizona State Retirement System raised its stake in Edgewell Personal Care by 9.0% during the 1st quarter. Arizona State Retirement System now owns 13,253 shares of the company’s stock valued at $414,000 after acquiring an additional 1,089 shares during the last quarter. Victory Capital Management Inc. raised its stake in Edgewell Personal Care by 13.5% during the 1st quarter. Victory Capital Management Inc. now owns 542,525 shares of the company’s stock valued at $16,932,000 after acquiring an additional 64,722 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Edgewell Personal Care during the 1st quarter worth approximately $1,474,000. Finally, Cetera Investment Advisers grew its stake in shares of Edgewell Personal Care by 12.9% in the 1st quarter. Cetera Investment Advisers now owns 7,407 shares of the company’s stock valued at $231,000 after purchasing an additional 845 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on EPC shares. Royal Bank Of Canada cut their price target on Edgewell Personal Care from $26.00 to $23.00 and set an “outperform” rating for the company in a research note on Friday, November 14th. Canaccord Genuity Group dropped their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating on the stock in a research note on Wednesday, August 6th. Weiss Ratings restated a “sell (d+)” rating on shares of Edgewell Personal Care in a research note on Wednesday, October 8th. Zacks Research upgraded shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Morgan Stanley reduced their price objective on shares of Edgewell Personal Care from $23.00 to $21.00 and set an “equal weight” rating for the company in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $23.17.

Edgewell Personal Care Stock Performance

NYSE:EPC opened at $17.42 on Thursday. The firm’s fifty day simple moving average is $19.71 and its 200-day simple moving average is $23.27. The company has a quick ratio of 0.91, a current ratio of 1.77 and a debt-to-equity ratio of 0.88. The stock has a market cap of $809.36 million, a PE ratio of 12.90 and a beta of 0.81. Edgewell Personal Care Company has a fifty-two week low of $16.63 and a fifty-two week high of $38.44.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Thursday, November 13th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.14). Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The company had revenue of $537.20 million during the quarter, compared to analyst estimates of $532.67 million. During the same quarter last year, the business earned $0.72 EPS. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. Edgewell Personal Care has set its FY 2026 guidance at 2.150-2.550 EPS. Analysts expect that Edgewell Personal Care Company will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 4th will be given a $0.15 dividend. The ex-dividend date is Thursday, December 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.4%. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 115.38%.

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.