ExodusPoint Capital Management LP Has $719,000 Stake in Edgewell Personal Care Co (NYSE:EPC)

Posted by Defense World Staff on Sep 7th, 2023

ExodusPoint Capital Management LP trimmed its holdings in shares of Edgewell Personal Care Co (NYSE:EPC – Free Report) by 48.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,961 shares of the company’s stock after selling 15,889 shares during the quarter. ExodusPoint Capital Management LP’s holdings in Edgewell Personal Care were worth $719,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of EPC. Steward Financial Group LLC acquired a new stake in shares of Edgewell Personal Care in the fourth quarter valued at about $25,000. Advisor Group Holdings Inc. grew its position in shares of Edgewell Personal Care by 52.8% in the fourth quarter. Advisor Group Holdings Inc. now owns 1,183 shares of the company’s stock valued at $45,000 after purchasing an additional 409 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in shares of Edgewell Personal Care by 122.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,627 shares of the company’s stock valued at $62,000 after purchasing an additional 894 shares during the last quarter. Ronald Blue Trust Inc. grew its position in shares of Edgewell Personal Care by 67.2% in the first quarter. Ronald Blue Trust Inc. now owns 1,827 shares of the company’s stock valued at $70,000 after purchasing an additional 734 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Edgewell Personal Care by 314.6% in the second quarter. Captrust Financial Advisors now owns 2,919 shares of the company’s stock valued at $101,000 after purchasing an additional 2,215 shares during the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider John N. Hill sold 4,390 shares of Edgewell Personal Care stock in a transaction that occurred on Wednesday, June 14th. The shares were sold at an average price of $42.89, for a total value of $188,287.10. Following the completion of the transaction, the insider now owns 72,725 shares in the company, valued at $3,119,175.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.84% of the stock is currently owned by corporate insiders.

Edgewell Personal Care Stock Down 0.6 %

Shares of EPC opened at $37.91 on Thursday. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 16.85 and a beta of 0.94. The company has a quick ratio of 0.84, a current ratio of 1.71 and a debt-to-equity ratio of 0.85. Edgewell Personal Care Co has a 12 month low of $36.17 and a 12 month high of $46.13. The company has a 50-day moving average price of $38.97 and a two-hundred day moving average price of $41.28.

Edgewell Personal Care (NYSE:EPC – Get Free Report) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.17. The firm had revenue of $650.00 million during the quarter, compared to analysts’ expectations of $642.45 million. Edgewell Personal Care had a net margin of 5.19% and a return on equity of 9.15%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 earnings per share. Equities analysts predict that Edgewell Personal Care Co will post 2.49 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Thursday, September 7th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, September 6th. Edgewell Personal Care’s dividend payout ratio is 26.67%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EPC. Barclays raised their price target on Edgewell Personal Care from $36.00 to $37.00 and gave the company an “underweight” rating in a research report on Monday, August 7th. StockNews.com assumed coverage on shares of Edgewell Personal Care in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $44.29.

Get Our Latest Research Report on Edgewell Personal Care

About Edgewell Personal Care

(Free Report)

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.