Barclays PLC grew its holdings in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 563.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 148,553 shares of the company's stock after acquiring an additional 126,168 shares during the quarter. Barclays PLC owned about 0.30% of Edgewell Personal Care worth $5,400,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Clearstead Trust LLC purchased a new stake in Edgewell Personal Care in the second quarter valued at $33,000. Prospera Private Wealth LLC acquired a new stake in shares of Edgewell Personal Care during the third quarter worth about $48,000. Acadian Asset Management LLC purchased a new stake in shares of Edgewell Personal Care in the 2nd quarter valued at about $53,000. Innealta Capital LLC acquired a new stake in shares of Edgewell Personal Care in the 2nd quarter valued at about $76,000. Finally, Canada Pension Plan Investment Board purchased a new position in Edgewell Personal Care during the 2nd quarter worth approximately $84,000. Institutional investors and hedge funds own 91.91% of the company's stock.
Edgewell Personal Care stock opened at $34.12 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. The business has a 50 day simple moving average of $35.68 and a 200-day simple moving average of $37.48. Edgewell Personal Care Co has a 12 month low of $33.27 and a 12 month high of $41.50. The stock has a market capitalization of $1.66 billion, a PE ratio of 17.41 and a beta of 0.88.
Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.05. The company 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%. Edgewell Personal Care's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 EPS. Equities analysts predict that Edgewell Personal Care Co will post 3.21 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Tuesday, December 3rd. Edgewell Personal Care's payout ratio is 30.61%.
EPC has been the subject of a number of research reports. StockNews.com cut Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. Truist Financial reduced their price target on shares of Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday, October 16th. Finally, Barclays lowered their price objective 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. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Edgewell Personal Care presently has a consensus rating of "Moderate Buy" and an average price target of $42.40.
View Our Latest Analysis on EPC
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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