William Blair Investment Management LLC decreased its stake in Edgewell Personal Care Company (NYSE:EPC – Free Report) by 9.6% in the fourth quarter, HoldingsChannel reports. The firm owned 663,455 shares of the company’s stock after selling 70,434 shares during the period. William Blair Investment Management LLC’s holdings in Edgewell Personal Care were worth $11,312,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Two Sigma Investments LP raised 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 worth $12,544,000 after buying an additional 415,186 shares during the period. American Century Companies Inc. boosted its holdings in shares of Edgewell Personal Care by 7.6% in the third quarter. American Century Companies Inc. now owns 3,950,190 shares of the company’s stock worth $80,426,000 after buying an additional 278,919 shares during the period. Voloridge Investment Management LLC increased its position in shares of Edgewell Personal Care by 51.1% in the third quarter. Voloridge Investment Management LLC now owns 523,702 shares of the company’s stock worth $10,663,000 after acquiring an additional 177,076 shares in the last quarter. Verition Fund Management LLC increased its position in shares of Edgewell Personal Care by 971.3% in the third quarter. Verition Fund Management LLC now owns 153,155 shares of the company’s stock worth $3,118,000 after acquiring an additional 138,859 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Edgewell Personal Care by 273.6% during the fourth quarter. SG Americas Securities LLC now owns 173,502 shares of the company’s stock valued at $2,958,000 after acquiring an additional 127,061 shares during the period. Hedge funds and other institutional investors own 91.91% of the company’s stock.
Edgewell Personal Care Stock Up 0.2%
Edgewell Personal Care stock opened at $17.70 on Tuesday. Edgewell Personal Care Company has a twelve month low of $15.73 and a twelve month 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 $815.80 million, a PE ratio of -10.60 and a beta of 0.55. The firm’s 50 day moving average price is $20.69 and its two-hundred day moving average price is $19.57.
Edgewell Personal Care Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 10th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $0.60 dividend on an annualized basis and a yield of 3.4%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently -35.93%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on EPC shares. Wall Street Zen upgraded shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Edgewell Personal Care in a research report on Friday, March 27th. Barclays boosted their target price on shares of Edgewell Personal Care from $19.00 to $21.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 10th. Zacks Research upgraded Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Finally, Royal Bank Of Canada set a $26.00 target price on Edgewell Personal Care and gave the stock an “outperform” rating in a research report on Thursday, April 9th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $24.50.
Get Our Latest Analysis on Edgewell Personal Care
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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