UBS Group AG cut its position in shares of Edgewell Personal Care Company (NYSE:EPC – Free Report) by 28.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 304,965 shares of the company’s stock after selling 122,794 shares during the quarter. UBS Group AG’s holdings in Edgewell Personal Care were worth $5,200,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EPC. Two Sigma Investments LP lifted its holdings in Edgewell Personal Care by 206.6% during the 3rd quarter. Two Sigma Investments LP now owns 616,132 shares of the company’s stock valued at $12,544,000 after buying an additional 415,186 shares in the last quarter. American Century Companies Inc. lifted its holdings in Edgewell Personal Care by 7.6% during the 3rd quarter. American Century Companies Inc. now owns 3,950,190 shares of the company’s stock valued at $80,426,000 after buying an additional 278,919 shares in the last quarter. Voloridge Investment Management LLC lifted its holdings in Edgewell Personal Care by 51.1% during the 3rd quarter. Voloridge Investment Management LLC now owns 523,702 shares of the company’s stock valued at $10,663,000 after buying an additional 177,076 shares in the last quarter. Verition Fund Management LLC lifted its holdings in Edgewell Personal Care by 971.3% during the 3rd quarter. Verition Fund Management LLC now owns 153,155 shares of the company’s stock valued at $3,118,000 after buying an additional 138,859 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Edgewell Personal Care by 273.6% during the 4th quarter. SG Americas Securities LLC now owns 173,502 shares of the company’s stock valued at $2,958,000 after buying an additional 127,061 shares in the last quarter. Institutional investors own 91.91% of the company’s stock.
Edgewell Personal Care Trading Up 2.6%
NYSE:EPC opened at $17.38 on Friday. Edgewell Personal Care Company has a one year low of $15.73 and a one year high of $28.28. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.81. The firm has a market cap of $801.01 million, a P/E ratio of -10.41 and a beta of 0.55. The firm has a 50-day simple moving average of $20.75 and a 200-day simple moving average of $19.59.
Edgewell Personal Care Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Wednesday, June 10th will be issued a $0.15 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $0.60 annualized dividend and a dividend yield of 3.5%. Edgewell Personal Care’s payout ratio is currently -35.93%.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on EPC shares. Wells Fargo & Company set a $24.00 price objective on shares of Edgewell Personal Care in a report on Tuesday, February 17th. Weiss Ratings reiterated a “sell (d)” rating on shares of Edgewell Personal Care in a report on Friday, March 27th. Zacks Research upgraded shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Barclays lifted their price objective on shares of Edgewell Personal Care from $19.00 to $21.00 and gave the company an “equal weight” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen upgraded shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $24.50.
View Our Latest Analysis on EPC
About Edgewell Personal Care
Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings’ personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell’s portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.
In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men’s and women’s grooming categories.
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