Great Lakes Advisors LLC Trims Holdings in Edgewell Personal Care Company $EPC

Great Lakes Advisors LLC lowered its position in shares of Edgewell Personal Care Company (NYSE:EPC) by 21.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 83,972 shares of the company’s stock after selling 22,906 shares during the period. Great Lakes Advisors LLC’s holdings in Edgewell Personal Care were worth $2,621,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EPC. PNC Financial Services Group Inc. raised its position in shares of Edgewell Personal Care by 238.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock valued at $30,000 after purchasing an additional 687 shares during the period. Blue Trust Inc. increased its stake in Edgewell Personal Care by 35.3% in the 1st quarter. Blue Trust Inc. now owns 3,100 shares of the company’s stock worth $97,000 after buying an additional 809 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in Edgewell Personal Care by 24.1% during the first quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock valued at $110,000 after acquiring an additional 686 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of Edgewell Personal Care in the first quarter valued at about $202,000. Finally, New Age Alpha Advisors LLC purchased a new position in shares of Edgewell Personal Care in the first quarter valued at about $219,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

Edgewell Personal Care Trading Down 3.2%

EPC stock opened at $21.70 on Thursday. The firm has a fifty day moving average price of $24.29 and a 200 day moving average price of $27.03. Edgewell Personal Care Company has a fifty-two week low of $19.13 and a fifty-two week high of $38.44. The firm has a market cap of $1.01 billion, a PE ratio of 16.08 and a beta of 0.85. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.91 and a current ratio of 1.77.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.09). Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The business had revenue of $627.20 million for the quarter, compared to the consensus estimate of $658.51 million. During the same quarter last year, the business earned $1.22 EPS. Edgewell Personal Care’s revenue for the quarter was down 3.2% compared to the same quarter last year. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. Sell-side analysts anticipate that Edgewell Personal Care Company will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Thursday, September 4th will be given a $0.15 dividend. The ex-dividend date is Thursday, September 4th. This represents a $0.60 annualized dividend and a yield of 2.8%. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 44.44%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EPC shares. Wall Street Zen upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Saturday, May 17th. Barclays cut their price objective on shares of Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating for the company in a report on Wednesday, August 6th. Canaccord Genuity Group lowered their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Wednesday, August 6th. UBS Group dropped their target price on shares of Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Finally, Morgan Stanley upgraded shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and reduced their price target for the company from $26.00 to $23.00 in a report on Wednesday, August 6th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $29.29.

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.