Advisor Group Holdings Inc. purchased a new position in shares of Edgewell Personal Care Co (NYSE:EPC) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,083 shares of the company’s stock, valued at approximately $69,000.
Several other large investors have also recently added to or reduced their stakes in EPC. Victory Capital Management Inc. boosted its holdings in Edgewell Personal Care by 2,076.7% in the first quarter. Victory Capital Management Inc. now owns 1,622,544 shares of the company’s stock valued at $39,071,000 after acquiring an additional 1,548,001 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Edgewell Personal Care by 514.3% in the first quarter. Wells Fargo & Company MN now owns 957,075 shares of the company’s stock valued at $23,046,000 after acquiring an additional 801,272 shares during the last quarter. Norges Bank bought a new stake in Edgewell Personal Care in the fourth quarter valued at approximately $17,082,000. JPMorgan Chase & Co. boosted its holdings in shares of Edgewell Personal Care by 249.5% during the 1st quarter. JPMorgan Chase & Co. now owns 496,998 shares of the company’s stock worth $11,967,000 after buying an additional 354,799 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its holdings in shares of Edgewell Personal Care by 14.6% during the 1st quarter. Gamco Investors INC. ET AL now owns 2,430,653 shares of the company’s stock worth $58,530,000 after buying an additional 308,814 shares in the last quarter. Institutional investors own 93.34% of the company’s stock.
EPC has been the topic of a number of research analyst reports. ValuEngine cut Edgewell Personal Care from a “sell” rating to a “strong sell” rating in a report on Tuesday, May 26th. Citigroup cut their price target on Edgewell Personal Care from $36.00 to $30.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Zacks Investment Research upgraded Edgewell Personal Care from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a report on Monday, July 13th. Finally, Morgan Stanley increased their price target on Edgewell Personal Care from $28.00 to $30.00 and gave the stock an “equal weight” rating in a report on Monday, July 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $37.90.
Shares of NYSE:EPC opened at $29.89 on Friday. The company has a quick ratio of 1.34, a current ratio of 2.03 and a debt-to-equity ratio of 0.82. Edgewell Personal Care Co has a twelve month low of $20.51 and a twelve month high of $38.97. The stock’s 50 day moving average is $29.78 and its 200-day moving average is $29.11. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of -4.50, a PEG ratio of 9.58 and a beta of 0.82.
Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.92 EPS for the quarter, meeting analysts’ consensus estimates of $0.92. The business had revenue of $523.00 million during the quarter, compared to analyst estimates of $512.27 million. Edgewell Personal Care had a positive return on equity of 14.00% and a negative net margin of 16.97%. Edgewell Personal Care’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.13 EPS. Equities research analysts anticipate that Edgewell Personal Care Co will post 2.97 earnings per share for the current fiscal year.
About Edgewell Personal Care
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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