Edgewell Personal Care (NYSE:EPC)‘s stock had its “neutral” rating reaffirmed by stock analysts at Bank of America in a report released on Wednesday, Briefing.com Automated Import reports. They presently have a $34.00 price target on the stock, up from their previous price target of $30.00. Bank of America‘s price target would indicate a potential upside of 8.42% from the company’s current price.
EPC has been the topic of a number of other reports. Zacks Investment Research raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Monday, May 13th. ValuEngine lowered Edgewell Personal Care from a “sell” rating to a “strong sell” rating in a research report on Thursday, May 9th. Wells Fargo & Co reissued a “hold” rating and set a $30.00 price target on shares of Edgewell Personal Care in a research report on Wednesday. Finally, SunTrust Banks raised Edgewell Personal Care from a “hold” rating to a “buy” rating and upped their price target for the company from $35.00 to $40.00 in a research report on Monday, July 8th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $43.27.
Shares of NYSE:EPC traded up $0.22 during trading on Wednesday, reaching $31.36. 848,292 shares of the stock were exchanged, compared to its average volume of 1,052,615. 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 has a 12-month low of $26.36 and a 12-month high of $59.16. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 8.91, a price-to-earnings-growth ratio of 3.63 and a beta of 0.83. The company has a 50-day moving average price of $28.53.
In other news, CEO Rod R. Little purchased 9,300 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were acquired at an average cost of $32.00 per share, with a total value of $297,600.00. Following the transaction, the chief executive officer now owns 14,575 shares in the company, valued at approximately $466,400. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Daniel J. Heinrich purchased 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were purchased at an average cost of $32.55 per share, for a total transaction of $97,650.00. Following the completion of the transaction, the director now owns 7,530 shares in the company, valued at approximately $245,101.50. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 33,300 shares of company stock worth $1,079,832. Corporate insiders own 0.99% of the company’s stock.
Institutional investors and hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN lifted its stake in Edgewell Personal Care by 94.5% in the 2nd quarter. Wells Fargo & Company MN now owns 146,639 shares of the company’s stock worth $3,952,000 after acquiring an additional 71,245 shares in the last quarter. GSA Capital Partners LLP lifted its position in shares of Edgewell Personal Care by 148.8% in the 2nd quarter. GSA Capital Partners LLP now owns 70,188 shares of the company’s stock worth $1,892,000 after acquiring an additional 41,972 shares during the period. Stone Ridge Asset Management LLC lifted its position in shares of Edgewell Personal Care by 46.9% in the 2nd quarter. Stone Ridge Asset Management LLC now owns 13,477 shares of the company’s stock worth $363,000 after acquiring an additional 4,300 shares during the period. Investment Counselors of Maryland LLC lifted its position in shares of Edgewell Personal Care by 15.8% in the 2nd quarter. Investment Counselors of Maryland LLC now owns 364,025 shares of the company’s stock worth $9,810,000 after acquiring an additional 49,544 shares during the period. Finally, Gabelli Funds LLC lifted its position in shares of Edgewell Personal Care by 17.7% in the 2nd quarter. Gabelli Funds LLC now owns 903,500 shares of the company’s stock worth $24,349,000 after acquiring an additional 136,000 shares during the period. Hedge funds and other institutional investors own 94.84% of the company’s stock.
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.
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