APG Asset Management N.V. Sells 81,174 Shares of Edgewell Personal Care Co (NYSE:EPC)

APG Asset Management N.V. decreased its position in Edgewell Personal Care Co (NYSE:EPC) by 4.6% during the 2nd quarter, Holdings Channel reports. The firm owned 1,686,569 shares of the company’s stock after selling 81,174 shares during the quarter. APG Asset Management N.V.’s holdings in Edgewell Personal Care were worth $62,434,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of EPC. Ceredex Value Advisors LLC bought a new stake in shares of Edgewell Personal Care in the 2nd quarter worth about $12,143,000. Brandes Investment Partners LP grew its holdings in shares of Edgewell Personal Care by 23.5% in the 1st quarter. Brandes Investment Partners LP now owns 1,391,960 shares of the company’s stock worth $55,957,000 after purchasing an additional 265,275 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Edgewell Personal Care by 109.7% in the 1st quarter. Principal Financial Group Inc. now owns 429,549 shares of the company’s stock worth $17,011,000 after purchasing an additional 224,729 shares during the last quarter. Clearline Capital LP lifted its position in Edgewell Personal Care by 120.2% during the 1st quarter. Clearline Capital LP now owns 375,788 shares of the company’s stock worth $14,881,000 after buying an additional 205,131 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Edgewell Personal Care by 6.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,845,993 shares of the company’s stock worth $112,702,000 after buying an additional 176,583 shares in the last quarter. 95.06% of the stock is currently owned by institutional investors and hedge funds.

NYSE:EPC opened at $34.82 on Thursday. The stock has a market cap of $1.89 billion, a P/E ratio of 20.48 and a beta of 1.00. The company has a current ratio of 2.01, a quick ratio of 1.36 and a debt-to-equity ratio of 0.82. The stock’s 50-day moving average is $39.90 and its 200-day moving average is $41.34. Edgewell Personal Care Co has a 1-year low of $25.50 and a 1-year high of $46.44.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, August 5th. The company reported $0.89 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.09. The company had revenue of $573.40 million for the quarter, compared to analyst estimates of $543.56 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.62%. The firm’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.66 earnings per share. As a group, equities analysts forecast that Edgewell Personal Care Co will post 2.86 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 5th. Investors of record on Thursday, September 9th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Wednesday, September 8th. Edgewell Personal Care’s dividend payout ratio is currently 21.98%.

EPC has been the topic of a number of research reports. TheStreet upgraded shares of Edgewell Personal Care from a “c+” rating to a “b-” rating in a research report on Friday, August 6th. Zacks Investment Research cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Monday, July 5th. Wells Fargo & Company lowered their target price on Edgewell Personal Care from $39.00 to $37.00 and set an “underweight” rating for the company in a research note on Tuesday, September 28th. Raymond James assumed coverage on shares of Edgewell Personal Care in a research note on Tuesday, July 13th. They set a “market perform” rating for the company. Finally, Royal Bank of Canada raised their price target on shares of Edgewell Personal Care from $50.00 to $52.00 and gave the stock an “outperform” rating in a research note on Friday, August 6th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Edgewell Personal Care presently has a consensus rating of “Hold” and a consensus price target of $46.17.

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.

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Institutional Ownership by Quarter for Edgewell Personal Care (NYSE:EPC)

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