JPMorgan Chase & Co. Sells 43,749 Shares of Edgewell Personal Care Co (EPC)

JPMorgan Chase & Co. lessened its holdings in Edgewell Personal Care Co (NYSE:EPC) by 1.4% during the 1st quarter, HoldingsChannel reports. The firm owned 3,116,814 shares of the company’s stock after selling 43,749 shares during the quarter. JPMorgan Chase & Co. owned about 0.06% of Edgewell Personal Care worth $136,798,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC increased its position in shares of Edgewell Personal Care by 134.7% during the third quarter. AQR Capital Management LLC now owns 17,507 shares of the company’s stock worth $809,000 after purchasing an additional 10,048 shares in the last quarter. Morgan Stanley increased its position in shares of Edgewell Personal Care by 23.1% during the third quarter. Morgan Stanley now owns 269,510 shares of the company’s stock worth $12,458,000 after purchasing an additional 50,570 shares in the last quarter. Strs Ohio increased its position in shares of Edgewell Personal Care by 46.7% during the fourth quarter. Strs Ohio now owns 2,200 shares of the company’s stock worth $82,000 after purchasing an additional 700 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Edgewell Personal Care by 17.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,797 shares of the company’s stock worth $142,000 after purchasing an additional 554 shares in the last quarter. Finally, Quantamental Technologies LLC acquired a new position in shares of Edgewell Personal Care during the fourth quarter worth $149,000. 90.63% of the stock is currently owned by institutional investors.

EPC has been the topic of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and set a $38.00 price target on shares of Edgewell Personal Care in a research report on Thursday, February 7th. Bank of America raised Edgewell Personal Care from an “underperform” rating to a “neutral” rating and set a $46.00 target price on the stock in a research report on Friday, February 8th. Barclays set a $37.00 target price on Edgewell Personal Care and gave the company a “sell” rating in a research report on Saturday, February 9th. ValuEngine raised Edgewell Personal Care from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 13th. Finally, SunTrust Banks upped their target price on Edgewell Personal Care to $45.00 and gave the company a “hold” rating in a research report on Monday, March 4th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $44.91.

NYSE EPC opened at $31.69 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.24 and a current ratio of 2.01. Edgewell Personal Care Co has a 1 year low of $30.36 and a 1 year high of $59.16. The firm has a market capitalization of $1.74 billion, a P/E ratio of 9.00, a PEG ratio of 3.59 and a beta of 0.66.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Thursday, May 9th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.13. The company had revenue of $546.70 million for the quarter, compared to the consensus estimate of $562.22 million. Edgewell Personal Care had a return on equity of 10.94% and a net margin of 3.67%. The firm’s revenue for the quarter was down 10.1% compared to the same quarter last year. During the same period last year, the firm earned $1.31 EPS. On average, analysts expect that Edgewell Personal Care Co will post 3.43 earnings per share for the current fiscal year.

In related news, Director Daniel J. Heinrich purchased 3,000 shares of the business’s stock in a transaction on Monday, May 13th. The shares were bought at an average cost of $32.55 per share, with a total value of $97,650.00. Following the transaction, the director now owns 7,530 shares of the company’s stock, valued at $245,101.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Rod R. Little purchased 9,300 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were bought at an average cost of $32.00 per share, for a total transaction of $297,600.00. Following the completion of the transaction, the chief executive officer now directly owns 14,575 shares in the company, valued at approximately $466,400. The disclosure for this purchase can be found here. Insiders have acquired a total of 32,300 shares of company stock worth $1,049,332 over the last ninety days. 0.99% of the stock is owned by insiders.

COPYRIGHT VIOLATION NOTICE: This report was published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at https://www.baseballdailydigest.com/news/2019/05/24/jpmorgan-chase-co-sells-43749-shares-of-edgewell-personal-care-co-epc.html.

Edgewell Personal Care 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.

Recommended Story: Bollinger Bands

Want to see what other hedge funds are holding EPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Edgewell Personal Care Co (NYSE:EPC).

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

Receive News & Ratings for Edgewell Personal Care Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edgewell Personal Care and related companies with MarketBeat.com's FREE daily email newsletter.