FNY Investment Advisers LLC bought a new position in shares of Edgewell Personal Care Co (NYSE:EPC) during the fourth quarter, Holdings Channel reports. The firm bought 6,000 shares of the company’s stock, valued at approximately $185,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its holdings in shares of Edgewell Personal Care by 115.7% in the 3rd quarter. Quadrant Capital Group LLC now owns 1,769 shares of the company’s stock worth $55,000 after buying an additional 949 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in Edgewell Personal Care by 54.8% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,864 shares of the company’s stock worth $78,000 after acquiring an additional 1,014 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Edgewell Personal Care by 16.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,417 shares of the company’s stock worth $111,000 after acquiring an additional 487 shares during the period. Point72 Hong Kong Ltd purchased a new position in Edgewell Personal Care in the second quarter valued at about $136,000. Finally, MainStreet Investment Advisors LLC purchased a new position in Edgewell Personal Care in the third quarter valued at approximately $204,000. Institutional investors own 98.58% of the company’s stock.
Shares of EPC stock opened at $28.01 on Friday. The stock has a market capitalization of $1.52 billion, a P/E ratio of 8.05, a PEG ratio of 3.01 and a beta of 0.81. The company has a current ratio of 1.58, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. The firm’s 50 day moving average is $30.77 and its 200 day moving average is $30.77. Edgewell Personal Care Co has a 12 month low of $26.36 and a 12 month high of $46.55.
Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.02. Edgewell Personal Care had a negative net margin of 16.48% and a positive return on equity of 12.22%. The business had revenue of $528.00 million during the quarter, compared to analyst estimates of $527.67 million. During the same period in the previous year, the business earned $1.11 EPS. Edgewell Personal Care’s revenue was down 1.7% compared to the same quarter last year. On average, equities analysts predict that Edgewell Personal Care Co will post 3.15 EPS for the current year.
A number of research firms have issued reports on EPC. Wells Fargo & Co reissued a “hold” rating on shares of Edgewell Personal Care in a research report on Monday, October 21st. Zacks Investment Research cut Edgewell Personal Care from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Barclays reaffirmed a “sell” rating and set a $26.00 price target on shares of Edgewell Personal Care in a research report on Thursday, November 14th. Finally, ValuEngine upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Friday, January 3rd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $35.63.
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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