Edgewell Personal Care Co (NYSE:EPC) Shares Bought by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division lifted its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 4.5% during the 1st quarter, Holdings Channel reports. The firm owned 17,450 shares of the company’s stock after buying an additional 750 shares during the period. Central Pacific Bank Trust Division’s holdings in Edgewell Personal Care were worth $545,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in EPC. Barclays PLC lifted its position in shares of Edgewell Personal Care by 563.6% during the third quarter. Barclays PLC now owns 148,553 shares of the company’s stock worth $5,400,000 after purchasing an additional 126,168 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Edgewell Personal Care by 208.2% during the fourth quarter. SG Americas Securities LLC now owns 16,553 shares of the company’s stock worth $556,000 after purchasing an additional 11,183 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Edgewell Personal Care by 11.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 17,469 shares of the company’s stock worth $587,000 after purchasing an additional 1,782 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Edgewell Personal Care by 18.7% during the fourth quarter. Blue Trust Inc. now owns 3,200 shares of the company’s stock worth $116,000 after purchasing an additional 503 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after purchasing an additional 823 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Stock Performance

Shares of Edgewell Personal Care stock opened at $27.63 on Friday. The firm has a market capitalization of $1.30 billion, a P/E ratio of 15.10 and a beta of 0.91. Edgewell Personal Care Co has a 52 week low of $24.35 and a 52 week high of $41.50. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. The firm’s 50 day moving average is $29.25 and its two-hundred day moving average is $31.71.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.03). The company had revenue of $580.70 million during the quarter, compared to analysts’ expectations of $591.01 million. Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.88 earnings per share. Research analysts forecast that Edgewell Personal Care Co will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, June 6th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.17%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 35.09%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Thursday, May 8th. Canaccord Genuity Group reduced their target price on shares of Edgewell Personal Care from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, May 8th. Wall Street Zen raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 17th. Royal Bank of Canada reduced their target price on shares of Edgewell Personal Care from $43.00 to $35.00 and set an “outperform” rating on the stock in a report on Thursday, May 8th. Finally, Barclays reduced their target price on shares of Edgewell Personal Care from $28.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday, May 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $33.00.

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.