Legal & General Group Plc boosted its holdings in Edgewell Personal Care Co (NYSE:EPC) by 2.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 247,243 shares of the company’s stock after purchasing an additional 4,890 shares during the quarter. Legal & General Group Plc owned approximately 0.43% of Edgewell Personal Care worth $17,992,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. raised its holdings in Edgewell Personal Care by 2.4% during the 2nd quarter. Pacer Advisors Inc. now owns 8,379 shares of the company’s stock valued at $637,000 after buying an additional 199 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in Edgewell Personal Care by 6.9% during the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,100 shares of the company’s stock valued at $236,000 after buying an additional 200 shares during the period. Comerica Bank raised its holdings in Edgewell Personal Care by 0.5% during the 2nd quarter. Comerica Bank now owns 45,915 shares of the company’s stock valued at $3,357,000 after buying an additional 215 shares during the period. Ameritas Investment Partners Inc. raised its holdings in Edgewell Personal Care by 0.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 31,883 shares of the company’s stock valued at $2,423,000 after buying an additional 257 shares during the period. Finally, Prudential Financial Inc. raised its holdings in Edgewell Personal Care by 0.7% during the 2nd quarter. Prudential Financial Inc. now owns 36,270 shares of the company’s stock valued at $2,757,000 after buying an additional 260 shares during the period. Hedge funds and other institutional investors own 93.22% of the company’s stock.
Shares of Edgewell Personal Care Co (EPC) traded up $0.94 during trading hours on Tuesday, hitting $60.33. The stock had a trading volume of 805,100 shares, compared to its average volume of 698,100. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.63 and a current ratio of 2.26. The stock has a market capitalization of $3,271.42, a PE ratio of 1,005.50, a price-to-earnings-growth ratio of 3.20 and a beta of 0.87. Edgewell Personal Care Co has a 1 year low of $55.94 and a 1 year high of $82.06.
Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Thursday, November 9th. The company reported $1.00 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.03). The company had revenue of $564.90 million for the quarter, compared to analysts’ expectations of $588.28 million. Edgewell Personal Care had a net margin of 0.25% and a return on equity of 12.54%. The firm’s revenue was down 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.06 earnings per share. research analysts expect that Edgewell Personal Care Co will post 3.87 EPS for the current fiscal year.
A number of analysts have weighed in on the company. Wells Fargo & Co reaffirmed a “market perform” rating and set a $59.00 price objective on shares of Edgewell Personal Care in a research report on Monday, December 18th. Jefferies Group reaffirmed a “hold” rating and set a $78.00 price objective on shares of Edgewell Personal Care in a research report on Tuesday, September 12th. KeyCorp reaffirmed a “hold” rating on shares of Edgewell Personal Care in a research report on Monday, October 16th. SunTrust Banks reaffirmed a “hold” rating and set a $65.00 price objective on shares of Edgewell Personal Care in a research report on Friday, November 10th. Finally, Bank of America lowered their price target on Edgewell Personal Care from $79.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $74.83.
In other Edgewell Personal Care news, Director Daniel J. Heinrich acquired 1,500 shares of the business’s stock in a transaction dated Monday, November 13th. The stock was acquired at an average cost of $57.08 per share, for a total transaction of $85,620.00. Following the completion of the transaction, the director now directly owns 3,530 shares of the company’s stock, valued at $201,492.40. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.97% of the stock is owned by insiders.
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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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