Edgewell Personal Care (NYSE:EPC) Shares Down 3.8%
Edgewell Personal Care Co (NYSE:EPC) shares fell 3.8% during trading on Wednesday . The company traded as low as $36.04 and last traded at $35.21, 36,938 shares traded hands during mid-day trading. A decline of 96% from the average session volume of 949,467 shares. The stock had previously closed at $36.61.
A number of research firms have recently weighed in on EPC. Barclays reissued a “sell” rating and issued a $33.00 price target on shares of Edgewell Personal Care in a research note on Wednesday. Citigroup downgraded Edgewell Personal Care from a “buy” rating to a “neutral” rating and increased their price target for the company from $38.00 to $43.00 in a research note on Monday. SunTrust Banks reissued a “buy” rating and issued a $45.00 price target on shares of Edgewell Personal Care in a research note on Tuesday. They noted that the move was a valuation call. Wells Fargo & Co reissued a “hold” rating on shares of Edgewell Personal Care in a research note on Monday, October 21st. Finally, Zacks Investment Research raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. Edgewell Personal Care presently has an average rating of “Hold” and an average price target of $38.89.
The stock has a 50 day moving average price of $29.48 and a two-hundred day moving average price of $30.98. The company has a current ratio of 1.58, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. The company has a market cap of $2.11 billion, a price-to-earnings ratio of -5.60, a P/E/G ratio of 4.15 and a beta of 0.86.
Institutional investors have recently modified their holdings of the stock. Quadrant Capital Group LLC raised its stake in Edgewell Personal Care by 115.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 1,769 shares of the company’s stock worth $55,000 after buying an additional 949 shares during the period. Tower Research Capital LLC TRC raised its stake in Edgewell Personal Care by 29,862.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,397 shares of the company’s stock worth $74,000 after buying an additional 2,389 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its stake in Edgewell Personal Care by 54.8% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,864 shares of the company’s stock worth $78,000 after buying an additional 1,014 shares during the period. Meeder Asset Management Inc. acquired a new stake in Edgewell Personal Care during the 4th quarter worth $92,000. Finally, Nisa Investment Advisors LLC raised its stake in Edgewell Personal Care by 33.3% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,200 shares of the company’s stock worth $99,000 after buying an additional 800 shares during the period. 98.81% of the stock is currently owned by institutional investors and hedge funds.
Edgewell Personal Care Company Profile (NYSE:EPC)
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.
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