18,000 Shares in Edgewell Personal Care Co (NYSE:EPC) Purchased by Bailard Inc.

Bailard Inc. purchased a new stake in shares of Edgewell Personal Care Co (NYSE:EPC) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 18,000 shares of the company’s stock, valued at approximately $659,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. EMC Capital Management increased its stake in shares of Edgewell Personal Care by 38.7% during the third quarter. EMC Capital Management now owns 4,220 shares of the company’s stock valued at $156,000 after buying an additional 1,178 shares during the period. Everence Capital Management Inc. bought a new position in Edgewell Personal Care in the 4th quarter worth $239,000. Pearl River Capital LLC bought a new position in Edgewell Personal Care in the 3rd quarter worth $273,000. Inspire Investing LLC lifted its position in shares of Edgewell Personal Care by 9.0% in the 3rd quarter. Inspire Investing LLC now owns 8,332 shares of the company’s stock worth $308,000 after purchasing an additional 691 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of Edgewell Personal Care during the 4th quarter valued at about $306,000. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Stock Down 0.1 %

Shares of Edgewell Personal Care stock opened at $37.45 on Friday. Edgewell Personal Care Co has a 1 year low of $33.71 and a 1 year high of $46.13. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 18.36 and a beta of 0.94. The company has a 50-day moving average of $37.45 and a 200 day moving average of $36.59. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.15 and a quick ratio of 1.03.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Wednesday, February 7th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.18. Edgewell Personal Care had a net margin of 4.66% and a return on equity of 8.38%. The business had revenue of $488.90 million during the quarter, compared to the consensus estimate of $481.41 million. During the same quarter last year, the firm earned $0.31 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Edgewell Personal Care Co will post 2.8 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.60%. The ex-dividend date was Wednesday, March 6th. Edgewell Personal Care’s dividend payout ratio (DPR) is 29.41%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Barclays decreased their price target on shares of Edgewell Personal Care from $39.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday, April 12th. Wells Fargo & Company raised their target price on Edgewell Personal Care from $40.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, February 8th.

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.