Analysts at Wells Fargo & Company assumed coverage on shares of Edgewell Personal Care (NYSE:EPC) in a research report issued to clients and investors on Tuesday, The Fly reports. The firm set a “market perform” rating on the stock.
A number of other equities research analysts have also recently commented on the company. KeyCorp restated a “hold” rating on shares of Edgewell Personal Care in a research report on Friday, November 24th. Zacks Investment Research cut Edgewell Personal Care from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 14th. SunTrust Banks restated a “hold” rating and set a $65.00 target price on shares of Edgewell Personal Care in a research report on Friday, November 10th. TheStreet cut Edgewell Personal Care from a “c” rating to a “d+” rating in a research report on Thursday, November 9th. Finally, Bank of America dropped their target price on Edgewell Personal Care from $77.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $74.83.
Shares of Edgewell Personal Care (EPC) traded down $0.30 on Tuesday, reaching $60.64. The company’s stock had a trading volume of 577,552 shares, compared to its average volume of 561,496. The firm has a market cap of $3,359.55, a P/E ratio of 15.32, a P/E/G ratio of 3.34 and a beta of 0.87. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.26 and a quick ratio of 1.63. Edgewell Personal Care has a 12 month low of $55.94 and a 12 month high of $82.06.
In related news, Director Daniel J. Heinrich purchased 1,500 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were purchased at an average cost of $57.08 per share, with a total value of $85,620.00. Following the purchase, the director now owns 3,530 shares of the company’s stock, valued at approximately $201,492.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.97% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPC. Janus Henderson Group PLC lifted its stake in Edgewell Personal Care by 929.8% in the 2nd quarter. Janus Henderson Group PLC now owns 1,094,636 shares of the company’s stock worth $83,214,000 after purchasing an additional 988,336 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Edgewell Personal Care by 13.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,476,454 shares of the company’s stock worth $252,077,000 after purchasing an additional 419,403 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Edgewell Personal Care by 2,405.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 210,472 shares of the company’s stock worth $16,000,000 after purchasing an additional 202,072 shares in the last quarter. Marshall Wace North America L.P. lifted its stake in Edgewell Personal Care by 2,342.9% in the 2nd quarter. Marshall Wace North America L.P. now owns 173,935 shares of the company’s stock worth $13,219,000 after purchasing an additional 166,815 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Edgewell Personal Care by 1,366.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 136,801 shares of the company’s stock worth $10,400,000 after buying an additional 127,474 shares during the last quarter. 91.69% of the stock is currently owned by institutional investors and hedge funds.
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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.
