Mutual of America Capital Management LLC Has $339,000 Holdings in Edgewell Personal Care Co (NYSE:EPC)

Mutual of America Capital Management LLC boosted its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 6.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,728 shares of the company’s stock after purchasing an additional 480 shares during the period. Mutual of America Capital Management LLC’s holdings in Edgewell Personal Care were worth $339,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eudaimonia Partners LLC purchased a new position in Edgewell Personal Care during the first quarter valued at approximately $40,000. Parkside Financial Bank & Trust grew its position in Edgewell Personal Care by 20.2% during the first quarter. Parkside Financial Bank & Trust now owns 1,683 shares of the company’s stock valued at $67,000 after purchasing an additional 283 shares in the last quarter. Advisor Group Holdings Inc. grew its position in Edgewell Personal Care by 34.8% during the second quarter. Advisor Group Holdings Inc. now owns 2,338 shares of the company’s stock valued at $102,000 after purchasing an additional 603 shares in the last quarter. Duncker Streett & Co. Inc. grew its position in Edgewell Personal Care by 13.3% during the second quarter. Duncker Streett & Co. Inc. now owns 3,400 shares of the company’s stock valued at $149,000 after purchasing an additional 400 shares in the last quarter. Finally, Mosaic Family Wealth LLC purchased a new position in Edgewell Personal Care during the second quarter valued at approximately $201,000. 95.06% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have commented on EPC. TheStreet raised shares of Edgewell Personal Care from a “c+” rating to a “b-” rating in a research report on Friday, August 6th. Zacks Investment Research downgraded shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Monday, July 5th. Raymond James began coverage on shares of Edgewell Personal Care in a research report on Tuesday, July 13th. They issued a “market perform” rating for the company. Finally, Royal Bank of Canada boosted their target price on shares of Edgewell Personal Care from $50.00 to $52.00 and gave the stock an “outperform” rating in a research report on Friday, August 6th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Edgewell Personal Care currently has a consensus rating of “Hold” and an average price target of $45.00.

Shares of Edgewell Personal Care stock opened at $37.12 on Wednesday. The firm has a fifty day simple moving average of $42.07 and a 200-day simple moving average of $41.26. The company has a current ratio of 2.01, a quick ratio of 1.36 and a debt-to-equity ratio of 0.82. Edgewell Personal Care Co has a 1-year low of $25.50 and a 1-year high of $46.44. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 21.84 and a beta of 1.00.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Thursday, August 5th. The company reported $0.89 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.09. Edgewell Personal Care had a net margin of 4.62% and a return on equity of 9.78%. The business had revenue of $573.40 million during the quarter, compared to analysts’ expectations of $543.56 million. During the same period in the previous year, the company earned $0.66 earnings per share. Edgewell Personal Care’s revenue for the quarter was up 18.5% on a year-over-year basis. As a group, research analysts predict that Edgewell Personal Care Co will post 2.86 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 5th. Stockholders of record on Thursday, September 9th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Wednesday, September 8th. Edgewell Personal Care’s payout ratio is 21.98%.

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.

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Institutional Ownership by Quarter for Edgewell Personal Care (NYSE:EPC)

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