Clearstead Trust LLC Makes New $33,000 Investment in Edgewell Personal Care Co (NYSE:EPC)

Clearstead Trust LLC acquired a new position in shares of Edgewell Personal Care Co (NYSE:EPC) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 820 shares of the company’s stock, valued at approximately $33,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Duality Advisers LP raised its position in Edgewell Personal Care by 0.9% during the first quarter. Duality Advisers LP now owns 31,916 shares of the company’s stock worth $1,233,000 after acquiring an additional 281 shares during the period. Quadrant Capital Group LLC raised its position in shares of Edgewell Personal Care by 82.2% in the fourth quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock valued at $26,000 after buying an additional 315 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Edgewell Personal Care by 2.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 20,897 shares of the company’s stock valued at $886,000 after buying an additional 571 shares during the last quarter. ProShare Advisors LLC raised its position in shares of Edgewell Personal Care by 6.1% in the first quarter. ProShare Advisors LLC now owns 10,051 shares of the company’s stock valued at $388,000 after buying an additional 574 shares during the last quarter. Finally, Blue Trust Inc. raised its position in shares of Edgewell Personal Care by 32.5% in the second quarter. Blue Trust Inc. now owns 2,365 shares of the company’s stock valued at $91,000 after buying an additional 580 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on EPC shares. Barclays reduced their target price on shares of 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. UBS Group reduced 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. Finally, StockNews.com upgraded shares of Edgewell Personal Care from a “hold” rating to a “buy” rating in a research report on Wednesday, September 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Edgewell Personal Care presently has an average rating of “Hold” and an average price target of $41.80.

Edgewell Personal Care Trading Down 1.7 %

Shares of EPC stock opened at $36.84 on Tuesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.79 and a quick ratio of 0.94. The firm has a market cap of $1.83 billion, a PE ratio of 15.41 and a beta of 0.87. The company has a 50-day moving average of $39.01 and a two-hundred day moving average of $38.55. Edgewell Personal Care Co has a 1-year low of $33.71 and a 1-year high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.21. The company had revenue of $647.80 million during the quarter, compared to analyst estimates 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 was down .3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.98 earnings per share. On average, analysts predict that Edgewell Personal Care Co will post 3 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 4th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a $0.60 annualized dividend and a dividend yield of 1.63%. Edgewell Personal Care’s dividend payout ratio is presently 25.10%.

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.