Edgewell Personal Care Company $EPC Holdings Cut by Hsbc Holdings PLC

Hsbc Holdings PLC lowered its holdings in Edgewell Personal Care Company (NYSE:EPC) by 53.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,549 shares of the company’s stock after selling 10,012 shares during the period. Hsbc Holdings PLC’s holdings in Edgewell Personal Care were worth $264,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Janney Montgomery Scott LLC lifted its holdings in Edgewell Personal Care by 3.0% in the first quarter. Janney Montgomery Scott LLC now owns 17,986 shares of the company’s stock worth $561,000 after acquiring an additional 517 shares during the last quarter. TD Private Client Wealth LLC lifted its holdings in Edgewell Personal Care by 24.1% in the first quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock worth $110,000 after acquiring an additional 686 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Edgewell Personal Care by 238.5% in the first quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock worth $30,000 after acquiring an additional 687 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Edgewell Personal Care by 2.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,633 shares of the company’s stock worth $928,000 after acquiring an additional 702 shares during the last quarter. Finally, Central Pacific Bank Trust Division increased its stake in shares of Edgewell Personal Care by 4.5% in the first quarter. Central Pacific Bank Trust Division now owns 17,450 shares of the company’s stock valued at $545,000 after purchasing an additional 750 shares during the period. Institutional investors own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on EPC shares. Wells Fargo & Company dropped their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “overweight” rating on the stock in a research note on Thursday, May 8th. Wall Street Zen upgraded shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Saturday, May 17th. Barclays dropped their price target on shares of Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 6th. Morgan Stanley upgraded shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and dropped their price target for the company from $26.00 to $23.00 in a research note on Wednesday, August 6th. Finally, UBS Group dropped their price target on shares of Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 6th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $29.29.

Edgewell Personal Care Price Performance

NYSE EPC opened at $23.55 on Friday. Edgewell Personal Care Company has a 12 month low of $19.13 and a 12 month high of $40.25. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.77 and a quick ratio of 0.91. The firm has a market capitalization of $1.09 billion, a PE ratio of 17.44 and a beta of 0.85. The company’s 50 day simple moving average is $24.41 and its 200 day simple moving average is $27.25.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.09). Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The company had revenue of $627.20 million for the quarter, compared to analyst estimates of $658.51 million. During the same quarter in the prior year, the business earned $1.22 EPS. Edgewell Personal Care’s revenue was down 3.2% compared to the same quarter last year. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. As a group, equities research analysts forecast that Edgewell Personal Care Company will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Thursday, September 4th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Thursday, September 4th. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 44.44%.

Edgewell Personal Care Company 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.