Los Angeles Capital Management & Equity Research Inc. Sells 154,255 Shares of Edgewell Personal Care Co (EPC)

Los Angeles Capital Management & Equity Research Inc. decreased its holdings in Edgewell Personal Care Co (NYSE:EPC) by 88.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,086 shares of the company’s stock after selling 154,255 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in Edgewell Personal Care were worth $929,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Mount Yale Investment Advisors LLC raised its stake in Edgewell Personal Care by 25.9% in the second quarter. Mount Yale Investment Advisors LLC now owns 7,425 shares of the company’s stock worth $375,000 after buying an additional 1,528 shares in the last quarter. Systematic Financial Management LP raised its stake in Edgewell Personal Care by 7.2% in the second quarter. Systematic Financial Management LP now owns 30,270 shares of the company’s stock worth $1,527,000 after buying an additional 2,045 shares in the last quarter. GSA Capital Partners LLP bought a new position in Edgewell Personal Care in the second quarter worth approximately $402,000. Canada Pension Plan Investment Board raised its stake in Edgewell Personal Care by 28.4% in the second quarter. Canada Pension Plan Investment Board now owns 330,310 shares of the company’s stock worth $16,667,000 after buying an additional 73,000 shares in the last quarter. Finally, BlackRock Inc. raised its stake in Edgewell Personal Care by 15.3% in the second quarter. BlackRock Inc. now owns 9,272,107 shares of the company’s stock worth $467,871,000 after buying an additional 1,231,893 shares in the last quarter. 99.13% of the stock is owned by institutional investors.

EPC has been the topic of a number of recent analyst reports. Barclays set a $39.00 price target on Edgewell Personal Care and gave the stock a “sell” rating in a research report on Monday, November 19th. Citigroup reduced their price target on Edgewell Personal Care from $65.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, November 15th. Morgan Stanley set a $45.00 price target on Edgewell Personal Care and gave the stock a “hold” rating in a research report on Thursday, November 15th. Zacks Investment Research downgraded Edgewell Personal Care from a “hold” rating to a “sell” rating in a research report on Wednesday, November 14th. Finally, SunTrust Banks reduced their price target on Edgewell Personal Care to $45.00 and set a “hold” rating on the stock in a research report on Wednesday, November 14th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $49.27.

Shares of EPC stock opened at $43.72 on Friday. The firm has a market cap of $2.37 billion, a PE ratio of 12.42, a price-to-earnings-growth ratio of 4.04 and a beta of 0.73. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.87 and a current ratio of 1.33. Edgewell Personal Care Co has a 12-month low of $39.50 and a 12-month high of $62.67.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Tuesday, November 13th. The company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.04. The business had revenue of $537.40 million for the quarter, compared to the consensus estimate of $555.76 million. Edgewell Personal Care had a return on equity of 11.19% and a net margin of 4.62%. The business’s quarterly revenue was down 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.00 earnings per share. On average, analysts predict that Edgewell Personal Care Co will post 3.4 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Los Angeles Capital Management & Equity Research Inc. Sells 154,255 Shares of Edgewell Personal Care Co (EPC)” was originally published by WKRB News and is the property of of WKRB News. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://www.wkrb13.com/2018/11/24/los-angeles-capital-management-equity-research-inc-sells-154255-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.

Featured Story: What is a Fiduciary?

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.

Leave a Reply