Atria Investments Inc Has $714,000 Position in Edgewell Personal Care Co (NYSE:EPC)

Atria Investments Inc decreased its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 6.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,659 shares of the company’s stock after selling 1,390 shares during the quarter. Atria Investments Inc’s holdings in Edgewell Personal Care were worth $714,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. lifted its stake in shares of Edgewell Personal Care by 2.9% during the 3rd quarter. Principal Financial Group Inc. now owns 251,422 shares of the company’s stock worth $9,137,000 after buying an additional 7,018 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new position in Edgewell Personal Care in the 3rd quarter valued at about $559,000. US Bancorp DE lifted its position in Edgewell Personal Care by 28.8% during the third quarter. US Bancorp DE now owns 25,323 shares of the company’s stock worth $920,000 after acquiring an additional 5,667 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Edgewell Personal Care by 63.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 664,902 shares of the company’s stock worth $24,163,000 after acquiring an additional 259,200 shares during the period. Finally, Blue Trust Inc. grew its position in shares of Edgewell Personal Care by 14.0% in the third quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock valued at $108,000 after purchasing an additional 332 shares during the last quarter. 91.91% of the stock is owned by institutional investors.

Edgewell Personal Care Stock Up 0.5 %

EPC stock opened at $34.91 on Tuesday. Edgewell Personal Care Co has a 52 week low of $33.27 and a 52 week high of $41.50. The business has a 50-day simple moving average of $35.53 and a 200 day simple moving average of $37.95. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80. The company has a market cap of $1.72 billion, a PE ratio of 17.81 and a beta of 0.86.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.67 by $0.05. The company had revenue of $517.60 million during the quarter, compared to analysts’ expectations of $535.23 million. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.72 EPS. Sell-side analysts anticipate that Edgewell Personal Care Co will post 3.21 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be paid a $0.15 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.60 annualized dividend and a dividend yield of 1.72%. Edgewell Personal Care’s payout ratio is 30.61%.

Analyst Ratings Changes

Several research firms recently issued reports on EPC. Truist Financial reduced their price target on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. UBS Group reduced their target price on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Barclays lowered their price target on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Monday, November 11th. Finally, StockNews.com downgraded shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $42.40.

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.