Stifel Financial Corp Sells 47,490 Shares of Edgewell Personal Care Co (EPC)

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Stifel Financial Corp decreased its holdings in Edgewell Personal Care Co (NYSE:EPC) by 81.8% in the fourth quarter, Holdings Channel reports. The fund owned 10,555 shares of the company’s stock after selling 47,490 shares during the period. Stifel Financial Corp’s holdings in Edgewell Personal Care were worth $392,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in Edgewell Personal Care by 7.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,270,946 shares of the company’s stock valued at $84,821,000 after buying an additional 147,982 shares during the period. Commonwealth Bank of Australia boosted its position in Edgewell Personal Care by 7.5% in the 4th quarter. Commonwealth Bank of Australia now owns 11,400 shares of the company’s stock valued at $425,000 after buying an additional 800 shares during the period. Hsbc Holdings PLC boosted its position in Edgewell Personal Care by 781.3% in the 4th quarter. Hsbc Holdings PLC now owns 66,552 shares of the company’s stock valued at $2,486,000 after buying an additional 59,000 shares during the period. Great West Life Assurance Co. Can boosted its position in Edgewell Personal Care by 22.0% in the 4th quarter. Great West Life Assurance Co. Can now owns 314,839 shares of the company’s stock valued at $11,713,000 after buying an additional 56,781 shares during the period. Finally, Alambic Investment Management L.P. boosted its position in Edgewell Personal Care by 384.4% in the 4th quarter. Alambic Investment Management L.P. now owns 31,000 shares of the company’s stock valued at $1,158,000 after buying an additional 24,600 shares during the period. Institutional investors own 97.12% of the company’s stock.

Several equities analysts have commented on EPC shares. Bank of America raised shares of Edgewell Personal Care from an “underperform” rating to a “neutral” rating and set a $46.00 price target for the company in a research report on Friday, February 8th. SunTrust Banks lifted their price objective on shares of Edgewell Personal Care to $45.00 and gave the stock a “hold” rating in a research report on Monday, March 4th. ValuEngine raised shares of Edgewell Personal Care from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 13th. Barclays set a $37.00 price objective on shares of Edgewell Personal Care and gave the stock a “sell” rating in a research report on Saturday, February 9th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $38.00 price objective on shares of Edgewell Personal Care in a research report on Thursday, February 7th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. Edgewell Personal Care currently has a consensus rating of “Hold” and an average price target of $46.45.

Edgewell Personal Care stock opened at $44.51 on Monday. The firm has a market cap of $2.41 billion, a PE ratio of 12.64, a PEG ratio of 4.83 and a beta of 0.69. Edgewell Personal Care Co has a 12-month low of $35.85 and a 12-month high of $59.16. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.46 and a quick ratio of 0.87.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Thursday, February 7th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.15. The business had revenue of $457.00 million during the quarter, compared to analysts’ expectations of $445.53 million. Edgewell Personal Care had a net margin of 4.33% and a return on equity of 11.57%. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 EPS. As a group, sell-side analysts forecast that Edgewell Personal Care Co will post 3.4 earnings per share for the current year.

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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.

Further Reading: Trading Strategy

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Institutional Ownership by Quarter for Edgewell Personal Care (NYSE:EPC)

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