Wolverine Asset Management LLC Has $39,000 Position in Edgewell Personal Care Co (NYSE:EPC)

Wolverine Asset Management LLC boosted its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 217.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,168 shares of the company’s stock after purchasing an additional 800 shares during the quarter. Wolverine Asset Management LLC’s holdings in Edgewell Personal Care were worth $39,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Geode Capital Management LLC raised its stake in Edgewell Personal Care by 0.6% during the third quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock worth $41,078,000 after acquiring an additional 6,964 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Edgewell Personal Care by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 778,689 shares of the company’s stock worth $28,298,000 after acquiring an additional 22,209 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in Edgewell Personal Care by 12.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock worth $25,122,000 after acquiring an additional 85,467 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Edgewell Personal Care by 6.2% during the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock worth $24,345,000 after acquiring an additional 39,059 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in Edgewell Personal Care by 1.4% during the third quarter. Victory Capital Management Inc. now owns 420,886 shares of the company’s stock worth $15,295,000 after acquiring an additional 5,893 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on EPC. Barclays dropped their price objective on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 11th. Canaccord Genuity Group decreased their target price on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Wells Fargo & Company decreased their target price on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a report on Tuesday, February 11th. Royal Bank of Canada decreased their target price on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Finally, UBS Group decreased their target price on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $36.57.

Edgewell Personal Care Price Performance

Edgewell Personal Care stock opened at $30.90 on Tuesday. The business’s 50-day simple moving average is $32.48 and its 200 day simple moving average is $35.09. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 16.88 and a beta of 0.88. Edgewell Personal Care Co has a 12-month low of $26.65 and a 12-month 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.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. As a group, research analysts anticipate that Edgewell Personal Care Co will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.94%. The ex-dividend date is Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio is 32.79%.

Edgewell Personal Care 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.