Victory Capital Management Inc. Purchases 5,893 Shares of Edgewell Personal Care Co (NYSE:EPC)

Victory Capital Management Inc. boosted its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 420,886 shares of the company’s stock after purchasing an additional 5,893 shares during the period. Victory Capital Management Inc. owned about 0.85% of Edgewell Personal Care worth $15,295,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Clearstead Trust LLC acquired a new position in shares of Edgewell Personal Care during the 2nd quarter worth about $33,000. Acadian Asset Management LLC acquired a new position in shares of Edgewell Personal Care during the 2nd quarter worth about $53,000. Innealta Capital LLC acquired a new position in shares of Edgewell Personal Care during the 2nd quarter worth about $76,000. Canada Pension Plan Investment Board acquired a new position in shares of Edgewell Personal Care during the 2nd quarter worth about $84,000. Finally, Blue Trust Inc. boosted its stake in shares of Edgewell Personal Care by 32.5% during the 2nd quarter. Blue Trust Inc. now owns 2,365 shares of the company’s stock worth $91,000 after buying an additional 580 shares during the last quarter. Institutional investors own 91.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. UBS Group reduced their price objective on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. StockNews.com downgraded shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. Barclays cut 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 research note on Monday, November 11th. Finally, Truist Financial cut their target price on shares of 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. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $42.40.

Edgewell Personal Care Trading Down 0.6 %

Shares of EPC stock opened at $34.68 on Wednesday. The firm has a 50 day moving average price of $35.50 and a two-hundred day moving average price of $37.93. 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 capitalization of $1.69 billion, a PE ratio of 17.69 and a beta of 0.86. Edgewell Personal Care Co has a 12-month low of $33.27 and a 12-month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.05. The firm had revenue of $517.60 million during the quarter, compared to the consensus estimate 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 last year, the business posted $0.72 earnings per share. As a group, analysts predict that Edgewell Personal Care Co will post 3.21 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

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

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.