Gabelli Funds LLC lessened its holdings in shares of Edgewell Personal Care Company (NYSE:EPC – Free Report) by 9.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 290,325 shares of the company’s stock after selling 30,000 shares during the period. Gabelli Funds LLC’s holdings in Edgewell Personal Care were worth $6,196,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers grew its stake in Edgewell Personal Care by 4.1% during the 4th quarter. Cetera Investment Advisers now owns 12,789 shares of the company’s stock worth $218,000 after buying an additional 502 shares during the last quarter. Madison Asset Management LLC raised its stake in Edgewell Personal Care by 0.6% in the fourth quarter. Madison Asset Management LLC now owns 135,035 shares of the company’s stock valued at $2,302,000 after buying an additional 867 shares during the last quarter. Aster Capital Management DIFC Ltd raised its stake in Edgewell Personal Care by 158.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock valued at $25,000 after buying an additional 910 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Edgewell Personal Care by 3.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,564 shares of the company’s stock valued at $891,000 after buying an additional 931 shares during the last quarter. Finally, Seizert Capital Partners LLC boosted its holdings in Edgewell Personal Care by 3.4% in the fourth quarter. Seizert Capital Partners LLC now owns 30,076 shares of the company’s stock worth $513,000 after acquiring an additional 988 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.
Edgewell Personal Care Stock Performance
Shares of EPC stock opened at $27.89 on Tuesday. The business has a fifty day moving average of $23.54 and a 200 day moving average of $21.69. Edgewell Personal Care Company has a 1 year low of $15.73 and a 1 year high of $29.85. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.81 and a quick ratio of 1.07. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of -16.70 and a beta of 0.38.
Edgewell Personal Care Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Wednesday, June 10th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.2%. Edgewell Personal Care’s payout ratio is -35.93%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on EPC shares. Weiss Ratings restated a “sell (d)” rating on shares of Edgewell Personal Care in a research note on Wednesday, June 24th. UBS Group increased their price objective on shares of Edgewell Personal Care from $23.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Royal Bank Of Canada set a $26.00 target price on shares of Edgewell Personal Care and gave the stock an “outperform” rating in a research note on Thursday, April 9th. Zacks Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Wall Street Zen raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $28.00.
Check Out Our Latest Research Report on Edgewell Personal Care
Edgewell Personal Care Company Profile
Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings’ personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell’s portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.
In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men’s and women’s grooming categories.
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