KBC Group NV Raises Stake in Edgewell Personal Care Co (NYSE:EPC)

KBC Group NV grew its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 56.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,279 shares of the company’s stock after purchasing an additional 823 shares during the period. KBC Group NV’s holdings in Edgewell Personal Care were worth $77,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Blue Trust Inc. boosted its position in shares of Edgewell Personal Care by 14.0% during the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after purchasing an additional 332 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Edgewell Personal Care by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company’s stock worth $660,000 after buying an additional 495 shares in the last quarter. TD Private Client Wealth LLC boosted its position in shares of Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after buying an additional 693 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of Edgewell Personal Care by 12.2% in the 3rd quarter. HighTower Advisors LLC now owns 11,339 shares of the company’s stock worth $421,000 after buying an additional 1,234 shares in the last quarter. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Edgewell Personal Care in the 3rd quarter worth about $48,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Edgewell Personal Care Trading Down 1.3 %

Shares of EPC stock opened at $31.58 on Monday. Edgewell Personal Care Co has a twelve month low of $30.86 and a twelve month high of $41.50. The firm has a 50-day moving average price of $33.97 and a 200 day moving average price of $35.80. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 16.11 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The company had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. During the same quarter in the prior year, the company posted $0.72 EPS. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. Research analysts forecast that Edgewell Personal Care Co will post 3.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on EPC shares. Barclays decreased their price objective on shares of 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. Truist Financial decreased their price objective on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. UBS Group decreased 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 research report on Thursday, January 16th. Finally, Wells Fargo & Company cut their target price on shares of Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.