5,141 Shares in Edgewell Personal Care Co (NYSE:EPC) Bought by Everhart Financial Group Inc.

Everhart Financial Group Inc. purchased a new stake in Edgewell Personal Care Co (NYSE:EPC) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 5,141 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new stake in Edgewell Personal Care in the fourth quarter valued at approximately $11,647,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Edgewell Personal Care by 483.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 292,395 shares of the company’s stock valued at $11,298,000 after purchasing an additional 242,310 shares in the last quarter. Brandes Investment Partners LP lifted its position in shares of Edgewell Personal Care by 11.2% during the 4th quarter. Brandes Investment Partners LP now owns 1,195,041 shares of the company’s stock worth $43,774,000 after purchasing an additional 120,772 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Edgewell Personal Care by 3.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,575,663 shares of the company’s stock worth $130,976,000 after purchasing an additional 103,751 shares in the last quarter. Finally, Confluence Investment Management LLC purchased a new position in Edgewell Personal Care in the first quarter valued at $3,609,000. Institutional investors and hedge funds own 91.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Barclays dropped their price target on shares of Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 7th. UBS Group reduced their price objective on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Finally, Canaccord Genuity Group upped their target price on shares of Edgewell Personal Care from $52.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, May 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $41.80.

Edgewell Personal Care Stock Performance

Shares of EPC traded up $0.31 during mid-day trading on Friday, reaching $40.12. 277,978 shares of the company’s stock were exchanged, compared to its average volume of 388,699. The business’s fifty day simple moving average is $39.37 and its 200-day simple moving average is $38.53. The stock has a market capitalization of $1.99 billion, a PE ratio of 16.79 and a beta of 0.88. Edgewell Personal Care Co has a 52-week low of $33.71 and a 52-week high of $41.50. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.84 and a quick ratio of 0.92.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.21. Edgewell Personal Care had a net margin of 5.40% and a return on equity of 9.29%. The company had revenue of $647.80 million for the quarter, compared to the consensus estimate of $649.67 million. During the same period last year, the firm posted $0.98 EPS. Edgewell Personal Care’s revenue for the quarter was down .3% on a year-over-year basis. On average, equities research analysts expect that Edgewell Personal Care Co will post 2.92 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 4th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a $0.60 dividend on an annualized basis and a yield of 1.50%. Edgewell Personal Care’s payout ratio is 25.10%.

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.