AlphaQuest LLC Grows Stock Position in Edgewell Personal Care Company $EPC

AlphaQuest LLC grew its holdings in shares of Edgewell Personal Care Company (NYSE:EPC) by 13,501.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,841 shares of the company’s stock after purchasing an additional 8,776 shares during the quarter. AlphaQuest LLC’s holdings in Edgewell Personal Care were worth $207,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. TD Private Client Wealth LLC increased its position in shares of Edgewell Personal Care by 24.1% during the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock valued at $110,000 after purchasing an additional 686 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Edgewell Personal Care by 238.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock valued at $30,000 after purchasing an additional 687 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Edgewell Personal Care by 12.9% during the 1st quarter. Cetera Investment Advisers now owns 7,407 shares of the company’s stock valued at $231,000 after purchasing an additional 845 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Edgewell Personal Care by 3.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,564 shares of the company’s stock valued at $891,000 after purchasing an additional 931 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Edgewell Personal Care by 4.1% during the 1st quarter. Russell Investments Group Ltd. now owns 25,815 shares of the company’s stock valued at $806,000 after purchasing an additional 1,019 shares during the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Stock Performance

NYSE:EPC opened at $19.47 on Monday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.77 and a quick ratio of 0.91. Edgewell Personal Care Company has a 1 year low of $18.72 and a 1 year high of $38.44. The stock’s 50 day simple moving average is $20.98 and its two-hundred day simple moving average is $24.32. The company has a market cap of $904.42 million, a price-to-earnings ratio of 14.42 and a beta of 0.83.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.09). Edgewell Personal Care had a return on equity of 8.06% and a net margin of 2.94%.The firm had revenue of $627.20 million during the quarter, compared to the consensus estimate of $658.51 million. During the same period in the previous year, the firm earned $1.22 EPS. The business’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 analysts anticipate that Edgewell Personal Care Company will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $0.60 dividend on an annualized basis and a yield of 3.1%. Edgewell Personal Care’s payout ratio is presently 44.44%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wells Fargo & Company decreased their price objective on Edgewell Personal Care from $28.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Canaccord Genuity Group decreased their price objective on Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating on the stock in a research note on Wednesday, August 6th. UBS Group decreased their price objective on 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. Barclays decreased their price objective on 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. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Edgewell Personal Care in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Edgewell Personal Care currently has an average rating of “Hold” and an average target price of $26.33.

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.