BNP PARIBAS ASSET MANAGEMENT Holding S.A. Takes Position in Edgewell Personal Care Co (NYSE:EPC)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Edgewell Personal Care Co (NYSE:EPC) in the second quarter, according to its most recent filing with the SEC. The firm purchased 15,800 shares of the company’s stock, valued at approximately $635,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Lighthouse Investment Partners LLC acquired a new stake in shares of Edgewell Personal Care during the 4th quarter valued at approximately $2,762,000. Victory Capital Management Inc. raised its position in shares of Edgewell Personal Care by 4.8% during the 4th quarter. Victory Capital Management Inc. now owns 432,041 shares of the company’s stock worth $15,826,000 after purchasing an additional 19,718 shares during the last quarter. Sei Investments Co. raised its position in shares of Edgewell Personal Care by 4.0% during the 1st quarter. Sei Investments Co. now owns 397,040 shares of the company’s stock worth $15,342,000 after purchasing an additional 15,131 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Edgewell Personal Care by 91.5% during the 1st quarter. BNP Paribas Financial Markets now owns 27,175 shares of the company’s stock worth $1,050,000 after purchasing an additional 12,988 shares during the last quarter. Finally, Nicola Wealth Management LTD. raised its position in shares of Edgewell Personal Care by 36.9% during the 4th quarter. Nicola Wealth Management LTD. now owns 74,200 shares of the company’s stock worth $2,718,000 after purchasing an additional 20,000 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EPC has been the subject of several research reports. StockNews.com downgraded Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Canaccord Genuity Group lifted their price objective on Edgewell Personal Care from $52.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Barclays cut their price objective on Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 7th. Finally, UBS Group cut their price objective on 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. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $41.80.

Edgewell Personal Care Stock Down 1.4 %

EPC stock opened at $39.67 on Wednesday. The stock has a market capitalization of $1.97 billion, a P/E ratio of 16.60 and a beta of 0.88. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.94 and a current ratio of 1.79. Edgewell Personal Care Co has a one year low of $33.71 and a one year high of $41.50. The company has a 50 day moving average price of $39.40 and a two-hundred day moving average price of $38.59.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Tuesday, August 6th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.01 by $0.21. The firm had revenue of $647.80 million during the quarter, compared to analysts’ expectations of $649.67 million. Edgewell Personal Care had a net margin of 5.26% and a return on equity of 9.92%. Edgewell Personal Care’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the previous year, the company earned $0.98 EPS. As a group, sell-side analysts expect that Edgewell Personal Care Co will post 3 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 4th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, September 4th. This represents a $0.60 annualized dividend and a dividend yield of 1.51%. Edgewell Personal Care’s dividend payout ratio 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.