SG Americas Securities LLC Grows Stock Position in Edgewell Personal Care Co (NYSE:EPC)

SG Americas Securities LLC raised its holdings in Edgewell Personal Care Co (NYSE:EPC) by 208.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,553 shares of the company’s stock after buying an additional 11,183 shares during the quarter. SG Americas Securities LLC’s holdings in Edgewell Personal Care were worth $556,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EPC. JPMorgan Chase & Co. increased its holdings in shares of Edgewell Personal Care by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock worth $24,345,000 after buying an additional 39,059 shares during the last quarter. Principal Financial Group Inc. grew its position in Edgewell Personal Care by 2.9% during the third quarter. Principal Financial Group Inc. now owns 251,422 shares of the company’s stock valued at $9,137,000 after acquiring an additional 7,018 shares during the period. Franklin Resources Inc. increased its stake in Edgewell Personal Care by 2.1% during the third quarter. Franklin Resources Inc. now owns 128,064 shares of the company’s stock worth $4,499,000 after acquiring an additional 2,684 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Edgewell Personal Care by 13.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 19,973 shares of the company’s stock valued at $718,000 after purchasing an additional 2,339 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its stake 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 valued at $101,000 after purchasing an additional 693 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Stock Performance

Edgewell Personal Care stock opened at $33.35 on Friday. Edgewell Personal Care Co has a 12-month low of $31.20 and a 12-month high of $41.50. 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 has a market capitalization of $1.62 billion, a price-to-earnings ratio of 17.02 and a beta of 0.89. The firm’s fifty day moving average price is $34.46 and its 200 day moving average price is $36.15.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. The business had revenue of $517.60 million for 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%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.72 earnings per share. On average, research analysts forecast that Edgewell Personal Care Co will post 3.19 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on EPC. Truist Financial cut 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 report on Wednesday, October 16th. Wells Fargo & Company cut their target price on shares of Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Barclays decreased their price target on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. Finally, UBS Group cut their price objective on 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. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.