Illinois Municipal Retirement Fund Buys 507 Shares of Edgewell Personal Care Co (NYSE:EPC)

Illinois Municipal Retirement Fund lifted its stake in Edgewell Personal Care Co (NYSE:EPC) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,173 shares of the company’s stock after purchasing an additional 507 shares during the period. Illinois Municipal Retirement Fund owned 0.06% of Edgewell Personal Care worth $1,105,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. EMC Capital Management lifted its holdings in Edgewell Personal Care by 38.7% during the third quarter. EMC Capital Management now owns 4,220 shares of the company’s stock worth $156,000 after acquiring an additional 1,178 shares in the last quarter. Everence Capital Management Inc. bought a new position in Edgewell Personal Care during the fourth quarter worth about $239,000. Pearl River Capital LLC bought a new position in Edgewell Personal Care during the third quarter worth about $273,000. SG Americas Securities LLC bought a new position in Edgewell Personal Care during the fourth quarter worth about $306,000. Finally, Inspire Investing LLC lifted its holdings in Edgewell Personal Care by 9.0% during the third quarter. Inspire Investing LLC now owns 8,332 shares of the company’s stock worth $308,000 after acquiring an additional 691 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Stock Performance

EPC opened at $37.43 on Friday. The business’s 50-day moving average price is $37.43 and its two-hundred day moving average price is $36.61. Edgewell Personal Care Co has a 1 year low of $33.71 and a 1 year high of $46.13. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 18.35 and a beta of 0.94. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.15 and a quick ratio of 1.03.

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

Edgewell Personal Care Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Wednesday, March 6th. Edgewell Personal Care’s dividend payout ratio is currently 29.41%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Wells Fargo & Company lifted their target price on Edgewell Personal Care from $40.00 to $43.00 and gave the stock an “overweight” rating in a report on Thursday, February 8th. Barclays reduced their target price on Edgewell Personal Care from $39.00 to $37.00 and set an “equal weight” rating on the stock in a report on Friday, April 12th.

About Edgewell Personal Care

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.