Wells Fargo & Company Lowers Edgewell Personal Care (NYSE:EPC) Price Target to $35.00

Edgewell Personal Care (NYSE:EPC) had its target price trimmed by Wells Fargo & Company from $37.00 to $35.00 in a research report sent to investors on Tuesday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other brokerages also recently weighed in on EPC. UBS Group reduced their price target on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Truist Financial decreased their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Finally, Barclays cut their price target on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $36.57.

Edgewell Personal Care Trading Down 0.1 %

Shares of NYSE EPC opened at $28.57 on Tuesday. The stock has a market cap of $1.39 billion, a P/E ratio of 14.58 and a beta of 0.88. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. Edgewell Personal Care has a 1 year low of $26.65 and a 1 year high of $41.50. The firm has a 50-day moving average of $33.60 and a 200 day moving average of $35.63.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. As a group, sell-side analysts expect that Edgewell Personal Care will post 3.19 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a yield of 2.10%. Edgewell Personal Care’s dividend payout ratio (DPR) is 30.61%.

Institutional Trading of Edgewell Personal Care

Several hedge funds have recently bought and sold shares of EPC. R Squared Ltd bought a new position in shares of Edgewell Personal Care in the fourth quarter worth about $36,000. Wolverine Asset Management LLC raised its stake in Edgewell Personal Care by 217.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock worth $39,000 after acquiring an additional 800 shares during the period. Prospera Private Wealth LLC purchased a new position in Edgewell Personal Care during the third quarter valued at approximately $48,000. KBC Group NV lifted its holdings in Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company’s stock valued at $77,000 after purchasing an additional 823 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in shares of Edgewell Personal Care by 14.0% in the third quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after purchasing an additional 332 shares during the period. Institutional investors own 91.91% of the company’s stock.

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.