22,542 Shares in Edgewell Personal Care Co (NYSE:EPC) Purchased by Petrus Trust Company LTA

Petrus Trust Company LTA acquired a new stake in shares of Edgewell Personal Care Co (NYSE:EPC) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 22,542 shares of the company’s stock, valued at approximately $819,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC purchased a new stake in shares of Edgewell Personal Care during the third quarter valued at $6,128,000. Dimensional Fund Advisors LP lifted its stake in Edgewell Personal Care by 0.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company’s stock valued at $145,524,000 after acquiring an additional 24,513 shares during the period. Chartwell Investment Partners LLC boosted its holdings in shares of Edgewell Personal Care by 54.3% during the 3rd quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock valued at $7,670,000 after acquiring an additional 74,315 shares during the last quarter. Sei Investments Co. grew its stake in shares of Edgewell Personal Care by 6.8% in the second quarter. Sei Investments Co. now owns 424,159 shares of the company’s stock worth $17,045,000 after acquiring an additional 27,119 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of Edgewell Personal Care during the second quarter valued at approximately $569,000. 91.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Edgewell Personal Care Stock Up 0.1 %

Shares of NYSE:EPC opened at $37.81 on Wednesday. The firm has a market capitalization of $1.84 billion, a PE ratio of 19.29 and a beta of 0.88. The business has a 50 day simple moving average of $35.49 and a two-hundred day simple moving average of $37.71. Edgewell Personal Care Co has a 1 year low of $33.27 and a 1 year high of $41.50. 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 (NYSE:EPC) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.05. The firm had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The company’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.72 earnings per share. On average, equities 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 declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.59%. Edgewell Personal Care’s dividend payout ratio is presently 30.61%.

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.