Edgewell Personal Care Co (EPC) Position Trimmed by Legal & General Group Plc
Legal & General Group Plc decreased its position in shares of Edgewell Personal Care Co (NYSE:EPC) by 13.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,988 shares of the company’s stock after selling 10,500 shares during the quarter. Legal & General Group Plc owned 0.12% of Edgewell Personal Care worth $3,330,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Strs Ohio bought a new stake in Edgewell Personal Care during the second quarter worth about $116,000. Parametrica Management Ltd bought a new stake in Edgewell Personal Care during the second quarter worth about $201,000. Strategic Global Advisors LLC bought a new stake in Edgewell Personal Care during the first quarter worth about $224,000. Mount Yale Investment Advisors LLC bought a new stake in Edgewell Personal Care during the first quarter worth about $288,000. Finally, Oppenheimer Asset Management Inc. lifted its position in Edgewell Personal Care by 29.7% during the first quarter. Oppenheimer Asset Management Inc. now owns 5,947 shares of the company’s stock worth $290,000 after purchasing an additional 1,362 shares during the period. 95.04% of the stock is owned by institutional investors and hedge funds.
Shares of NYSE EPC opened at $46.63 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.25 and a quick ratio of 0.79. The stock has a market cap of $2.52 billion, a price-to-earnings ratio of 13.61, a price-to-earnings-growth ratio of 4.46 and a beta of 0.88. Edgewell Personal Care Co has a 12 month low of $39.50 and a 12 month high of $73.51.
Several equities research analysts recently weighed in on the stock. Morgan Stanley upped their price objective on shares of Edgewell Personal Care from $49.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Friday, August 31st. TheStreet raised Edgewell Personal Care from a “d+” rating to a “c-” rating in a research note on Wednesday, August 22nd. Zacks Investment Research downgraded Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. Citigroup boosted their target price on Edgewell Personal Care from $61.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, August 9th. Finally, Societe Generale downgraded Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $54.18.
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.
Further Reading: How is a Moving Average Calculated?
Want to see what other hedge funds are holding EPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Edgewell Personal Care Co (NYSE:EPC).
Receive News & Ratings for Edgewell Personal Care Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edgewell Personal Care and related companies with MarketBeat.com's FREE daily email newsletter.