Edgewell Personal Care Co (NYSE:EPC) Stock Holdings Lifted by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC lifted its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 2.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,633 shares of the company’s stock after buying an additional 495 shares during the period. Exchange Traded Concepts LLC’s holdings in Edgewell Personal Care were worth $660,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Renaissance Technologies LLC bought a new position in shares of Edgewell Personal Care during the second quarter valued at approximately $1,370,000. Squarepoint Ops LLC bought a new position in Edgewell Personal Care during the 2nd quarter worth $709,000. AQR Capital Management LLC increased its position in Edgewell Personal Care by 43.6% in the second quarter. AQR Capital Management LLC now owns 8,585 shares of the company’s stock worth $342,000 after buying an additional 2,606 shares during the period. Sanctuary Advisors LLC bought a new stake in Edgewell Personal Care in the second quarter valued at $660,000. Finally, Handelsbanken Fonder AB boosted its holdings in shares of Edgewell Personal Care by 72.3% during the third quarter. Handelsbanken Fonder AB now owns 16,202 shares of the company’s stock valued at $589,000 after acquiring an additional 6,800 shares during the period. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Price Performance

NYSE EPC opened at $33.51 on Thursday. The firm has a market capitalization of $1.63 billion, a PE ratio of 17.10 and a beta of 0.89. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. The company’s 50 day simple moving average is $34.54 and its 200 day simple moving average is $36.21. Edgewell Personal Care Co has a 12 month low of $31.20 and a 12 month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. The business had revenue of $517.60 million during the quarter, compared to analyst estimates of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. Edgewell Personal Care’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the company posted $0.72 EPS. As a group, equities research analysts forecast that Edgewell Personal Care Co will post 3.21 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. UBS Group dropped their price objective on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Truist Financial dropped their price target on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Wells Fargo & Company reduced their price objective on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Barclays lowered their target price on Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Edgewell Personal Care has an average rating of “Moderate Buy” and an average price target of $39.80.

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.