Everence Capital Management Inc. Purchases Shares of 6,520 Edgewell Personal Care Co (NYSE:EPC)

Everence Capital Management Inc. purchased a new stake in shares of Edgewell Personal Care Co (NYSE:EPC) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,520 shares of the company’s stock, valued at approximately $239,000.

A number of other hedge funds also recently bought and sold shares of EPC. State of Wyoming bought a new stake in Edgewell Personal Care during the second quarter valued at about $29,000. First Manhattan CO. LLC. bought a new stake in Edgewell Personal Care during the first quarter valued at about $30,000. Advisor Group Holdings Inc. boosted its holdings in Edgewell Personal Care by 52.8% during the fourth quarter. Advisor Group Holdings Inc. now owns 1,183 shares of the company’s stock valued at $45,000 after acquiring an additional 409 shares during the period. Point72 Asset Management L.P. bought a new stake in Edgewell Personal Care during the second quarter valued at about $49,000. Finally, Lazard Asset Management LLC bought a new stake in Edgewell Personal Care during the second quarter valued at about $55,000. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Stock Up 2.4 %

Shares of EPC opened at $36.16 on Friday. The company has a 50-day simple moving average of $37.62 and a 200-day simple moving average of $36.55. The firm has a market capitalization of $1.81 billion, a P/E ratio of 17.73 and a beta of 0.94. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.03 and a current ratio of 2.15. Edgewell Personal Care Co has a 52 week low of $33.71 and a 52 week high of $46.13.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.18. Edgewell Personal Care had a net margin of 4.66% and a return on equity of 8.38%. The business had revenue of $488.90 million during the quarter, compared to analyst estimates of $481.41 million. During the same quarter in the prior year, the business earned $0.31 earnings per share. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. On average, equities research analysts expect that Edgewell Personal Care Co will post 2.8 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 7th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend was Wednesday, March 6th. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 29.41%.

Wall Street Analysts Forecast Growth

EPC has been the subject of a number of recent analyst reports. Barclays decreased their price target on shares of Edgewell Personal Care from $39.00 to $37.00 and set an “equal weight” rating for the company in a report on Friday, April 12th. Wells Fargo & Company upped their price objective on shares of Edgewell Personal Care from $40.00 to $43.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th.

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.