5,872 Shares in Edgewell Personal Care Co (NYSE:EPC) Acquired by Aigen Investment Management LP

Aigen Investment Management LP purchased a new position in Edgewell Personal Care Co (NYSE:EPC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,872 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EPC. Janney Montgomery Scott LLC acquired a new position in shares of Edgewell Personal Care during the first quarter worth $568,000. SG Americas Securities LLC increased its holdings in shares of Edgewell Personal Care by 15.0% in the 1st quarter. SG Americas Securities LLC now owns 9,600 shares of the company’s stock valued at $371,000 after acquiring an additional 1,255 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Edgewell Personal Care by 25.5% during the 1st quarter. Russell Investments Group Ltd. now owns 40,431 shares of the company’s stock worth $1,562,000 after acquiring an additional 8,214 shares in the last quarter. ProShare Advisors LLC lifted its stake in Edgewell Personal Care by 6.1% during the first quarter. ProShare Advisors LLC now owns 10,051 shares of the company’s stock worth $388,000 after purchasing an additional 574 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its holdings in Edgewell Personal Care by 2.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 20,897 shares of the company’s stock valued at $886,000 after purchasing an additional 571 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on EPC shares. Barclays lowered their target price on shares of 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. UBS Group dropped their price objective on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. StockNews.com downgraded Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Finally, Truist Financial dropped their price target on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $42.40.

Edgewell Personal Care Price Performance

Shares of EPC opened at $34.73 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. Edgewell Personal Care Co has a fifty-two week low of $33.27 and a fifty-two week high of $41.50. The firm has a 50-day simple moving average of $35.56 and a 200-day simple moving average of $37.97. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 17.72 and a beta of 0.86.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The company had revenue of $517.60 million during the quarter, compared to analysts’ expectations of $535.23 million. During the same period last year, the firm earned $0.72 EPS. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. On average, equities research analysts anticipate that Edgewell Personal Care Co will post 3.21 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.60 annualized dividend and a yield of 1.73%. Edgewell Personal Care’s dividend payout ratio is currently 30.61%.

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.