Duality Advisers LP Makes New Investment in Edgewell Personal Care Co (NYSE:EPC)

Duality Advisers LP acquired a new stake in Edgewell Personal Care Co (NYSE:EPC) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 31,635 shares of the company’s stock, valued at approximately $1,159,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Brandes Investment Partners LP increased its stake in shares of Edgewell Personal Care by 87.4% in the third quarter. Brandes Investment Partners LP now owns 1,074,269 shares of the company’s stock worth $39,705,000 after buying an additional 501,032 shares during the period. American Century Companies Inc. boosted its holdings in shares of Edgewell Personal Care by 9.7% during the third quarter. American Century Companies Inc. now owns 2,960,134 shares of the company’s stock worth $109,407,000 after purchasing an additional 262,499 shares during the period. FMR LLC grew its stake in shares of Edgewell Personal Care by 4,213.9% in the third quarter. FMR LLC now owns 104,872 shares of the company’s stock worth $3,876,000 after purchasing an additional 102,441 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Edgewell Personal Care during the 3rd quarter valued at about $2,366,000. Finally, Landscape Capital Management L.L.C. purchased a new position in Edgewell Personal Care during the 3rd quarter valued at about $2,331,000. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Stock Performance

Shares of EPC opened at $37.70 on Wednesday. The company has a 50-day simple moving average of $37.51 and a two-hundred day simple moving average of $36.56. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.15 and a quick ratio of 1.03. The firm has a market capitalization of $1.88 billion, a PE ratio of 18.48 and a beta of 0.94. Edgewell Personal Care Co has a one year low of $33.71 and a one year high of $46.13.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Wednesday, February 7th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.18. Edgewell Personal Care had a return on equity of 8.38% and a net margin of 4.66%. The company had revenue of $488.90 million during the quarter, compared to analysts’ expectations of $481.41 million. During the same quarter last year, the business posted $0.31 EPS. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, analysts anticipate that Edgewell Personal Care Co will post 2.8 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 7th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend was Wednesday, March 6th. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 29.41%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on EPC shares. Wells Fargo & Company increased their price objective on Edgewell Personal Care from $40.00 to $43.00 and gave the stock an “overweight” rating in a report on Thursday, February 8th. Barclays dropped their price target on 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.

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.