Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Gabelli Funds LLC

Gabelli Funds LLC lowered its stake in Edgewell Personal Care Co (NYSE:EPC - Get Rating) by 10.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,111,925 shares of the company's stock after selling 136,175 shares during the period. Gabelli Funds LLC owned approximately 2.16% of Edgewell Personal Care worth $42,854,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Credit Agricole S A purchased a new stake in Edgewell Personal Care during the third quarter valued at about $56,619,000. FMR LLC lifted its stake in Edgewell Personal Care by 70.2% during the second quarter. FMR LLC now owns 802,371 shares of the company's stock valued at $27,698,000 after buying an additional 331,059 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Edgewell Personal Care by 11.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,197,951 shares of the company's stock valued at $119,602,000 after buying an additional 316,507 shares in the last quarter. Millennium Management LLC lifted its stake in Edgewell Personal Care by 2,778.4% during the second quarter. Millennium Management LLC now owns 286,117 shares of the company's stock valued at $9,877,000 after buying an additional 276,177 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Edgewell Personal Care by 2.5% in the first quarter. Vanguard Group Inc. now owns 6,216,241 shares of the company's stock worth $227,950,000 after buying an additional 153,278 shares during the period. Institutional investors own 94.46% of the company's stock.

EPC traded up $0.92 on Tuesday, hitting $41.77. The company had a trading volume of 135,011 shares, compared to its average volume of 379,797. The company's fifty day moving average price is $42.80 and its 200 day moving average price is $41.88. Edgewell Personal Care Co has a 1-year low of $32.18 and a 1-year high of $46.13. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.77 and a quick ratio of 0.82. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of 22.85 and a beta of 0.96.

Edgewell Personal Care (NYSE:EPC - Get Rating) last posted its earnings results on Tuesday, May 9th. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.21. Edgewell Personal Care had a return on equity of 8.93% and a net margin of 4.27%. The firm had revenue of $598.40 million during the quarter, compared to analyst estimates of $569.84 million. During the same period in the previous year, the company earned $0.50 EPS. The company's revenue for the quarter was up 9.3% on a year-over-year basis. Equities analysts predict that Edgewell Personal Care Co will post 2.45 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 6th. Shareholders of record on Wednesday, June 7th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, June 6th. This represents a $0.60 annualized dividend and a yield of 1.44%. Edgewell Personal Care's dividend payout ratio (DPR) is 33.15%.

EPC has been the subject of several recent analyst reports. Canaccord Genuity Group raised their target price on Edgewell Personal Care from $48.00 to $52.00 and gave the stock a "buy" rating in a research report on Thursday, February 9th. Barclays boosted their price objective on shares of Edgewell Personal Care from $38.00 to $40.00 in a research report on Friday, May 12th. UBS Group started coverage on shares of Edgewell Personal Care in a research report on Wednesday, April 5th. They set a "neutral" rating and a $47.00 price objective on the stock. StockNews.com raised shares of Edgewell Personal Care from a "hold" rating to a "buy" rating in a research report on Thursday, May 11th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $53.00 price objective on shares of Edgewell Personal Care in a research report on Thursday, February 9th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Edgewell Personal Care has a consensus rating of "Hold" and a consensus price target of $44.71.

In related news, insider Eric F. O'toole sold 4,000 shares of the business's stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $43.95, for a total value of $175,800.00. Following the sale, the insider now owns 13,688 shares of the company's stock, valued at approximately $601,587.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.84% of the company's stock.

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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