Segall Bryant & Hamill LLC Acquires New Stake in Edgewell Personal Care Co (NYSE:EPC)

Segall Bryant & Hamill LLC bought a new position in Edgewell Personal Care Co (NYSE:EPC) in the third quarter, HoldingsChannel.com reports. The firm bought 50,725 shares of the company’s stock, valued at approximately $1,843,000.

A number of other large investors have also recently added to or reduced their stakes in EPC. Russell Investments Group Ltd. grew its holdings in shares of Edgewell Personal Care by 25.5% during the first quarter. Russell Investments Group Ltd. now owns 40,431 shares of the company’s stock worth $1,562,000 after buying an additional 8,214 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its position in Edgewell Personal Care by 2.8% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 20,897 shares of the company’s stock worth $886,000 after acquiring an additional 571 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Edgewell Personal Care by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 5,833,364 shares of the company’s stock worth $225,401,000 after acquiring an additional 29,217 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in shares of Edgewell Personal Care by 11.2% in the first quarter. CANADA LIFE ASSURANCE Co now owns 83,832 shares of the company’s stock valued at $3,237,000 after purchasing an additional 8,468 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of Edgewell Personal Care in the first quarter valued at approximately $116,000. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Stock Up 2.7 %

Shares of EPC stock opened at $35.97 on Friday. Edgewell Personal Care Co has a 52-week low of $33.27 and a 52-week high of $41.50. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 18.35 and a beta of 0.86. The firm’s 50-day moving average is $35.41 and its 200-day moving average is $37.87. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.05. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The firm had revenue of $517.60 million for the quarter, compared to analyst estimates of $535.23 million. During the same quarter in the prior year, the company earned $0.72 earnings per share. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. Sell-side analysts predict that Edgewell Personal Care Co will post 3.21 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be issued a $0.15 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.60 annualized dividend and a dividend yield of 1.67%. Edgewell Personal Care’s dividend payout ratio is currently 30.61%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EPC. UBS Group decreased their target price 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. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Truist Financial dropped their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Finally, Barclays decreased their price target on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a research note on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $42.40.

About Edgewell Personal Care

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.