Nisa Investment Advisors LLC Sells 449 Shares of Edgewell Personal Care Co (NYSE:EPC)

Nisa Investment Advisors LLC lessened its stake in Edgewell Personal Care Co (NYSE:EPC) by 19.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,907 shares of the company’s stock after selling 449 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Edgewell Personal Care were worth $77,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Edgewell Personal Care by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 5,833,364 shares of the company’s stock valued at $225,401,000 after buying an additional 29,217 shares during the period. Dimensional Fund Advisors LP increased its stake in Edgewell Personal Care by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,575,663 shares of the company’s stock valued at $130,976,000 after acquiring an additional 103,751 shares during the last quarter. Brandes Investment Partners LP increased its stake in Edgewell Personal Care by 11.2% in the fourth quarter. Brandes Investment Partners LP now owns 1,195,041 shares of the company’s stock valued at $43,774,000 after acquiring an additional 120,772 shares during the last quarter. LSV Asset Management raised its position in Edgewell Personal Care by 1.7% during the first quarter. LSV Asset Management now owns 919,154 shares of the company’s stock valued at $35,516,000 after purchasing an additional 15,355 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Edgewell Personal Care by 1.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 695,633 shares of the company’s stock worth $25,481,000 after purchasing an additional 8,312 shares during the last quarter. Institutional investors own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. StockNews.com lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Barclays decreased their target price on Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 7th. UBS Group lowered their target price on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Finally, Canaccord Genuity Group raised their price target on shares of Edgewell Personal Care from $52.00 to $53.00 and gave the company a “buy” rating in a research note 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 issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $41.80.

Edgewell Personal Care Trading Up 0.8 %

NYSE EPC opened at $40.12 on Monday. Edgewell Personal Care Co has a twelve month low of $33.71 and a twelve month high of $41.50. The business’s fifty day moving average is $39.37 and its 200 day moving average is $38.54. The company has a quick ratio of 0.92, a current ratio of 1.84 and a debt-to-equity ratio of 0.87. The company has a market cap of $1.99 billion, a price-to-earnings ratio of 16.79 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.21. Edgewell Personal Care had a return on equity of 9.29% and a net margin of 5.40%. The firm had revenue of $647.80 million for the quarter, compared to analyst estimates of $649.67 million. During the same period last year, the firm posted $0.98 earnings per share. The business’s revenue for the quarter was down .3% on a year-over-year basis. As a group, sell-side analysts expect that Edgewell Personal Care Co will post 2.92 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 4th will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, September 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.50%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 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.