SunTrust Banks upgraded shares of Edgewell Personal Care (NYSE:EPC) from a hold rating to a buy rating in a research note published on Monday, Benzinga reports. They currently have $40.00 price objective on the stock, up from their prior price objective of $35.00.
Other analysts have also recently issued reports about the company. ValuEngine upgraded VESTAS WIND SYS/ADR from a hold rating to a buy rating in a research report on Thursday, May 9th. Wells Fargo & Co upped their price target on Restaurant Brands International from $68.00 to $70.00 and gave the company a market perform rating in a research report on Tuesday, April 16th. Finally, Zacks Investment Research upgraded Gerdau from a sell rating to a hold rating in a research report on Monday, May 13th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. Edgewell Personal Care currently has an average rating of Hold and an average price target of $45.36.
EPC opened at $28.14 on Monday. The company has a market capitalization of $1.52 billion, a PE ratio of 7.99, a PEG ratio of 3.12 and a beta of 0.82. The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 0.74. Edgewell Personal Care has a 1 year low of $26.36 and a 1 year high of $59.16. The company’s 50 day moving average price is $29.07.
In related news, Director Daniel J. Heinrich purchased 3,000 shares of the stock in a transaction 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 directly owns 7,530 shares of the company’s stock, valued at approximately $245,101.50. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Marisa Iasenza purchased 2,200 shares of the stock in a transaction on Friday, May 17th. The stock was bought at an average price of $32.78 per share, for a total transaction of $72,116.00. Following the completion of the transaction, the insider now directly owns 2,200 shares of the company’s stock, valued at $72,116. The disclosure for this purchase can be found here. Insiders acquired 33,300 shares of company stock worth $1,079,832 over the last quarter. Company insiders own 0.99% of the company’s stock.
A number of large investors have recently made changes to their positions in the business. Harbour Capital Advisors LLC acquired a new position in Edgewell Personal Care in the second quarter worth $220,000. WINTON GROUP Ltd boosted its stake in Edgewell Personal Care by 1,787.8% in the second quarter. WINTON GROUP Ltd now owns 241,303 shares of the company’s stock worth $6,503,000 after purchasing an additional 228,521 shares in the last quarter. First Trust Advisors LP acquired a new position in Edgewell Personal Care in the first quarter worth $2,369,000. Accident Compensation Corp boosted its stake in Edgewell Personal Care by 221.7% in the first quarter. Accident Compensation Corp now owns 19,300 shares of the company’s stock worth $847,000 after purchasing an additional 13,300 shares in the last quarter. Finally, Group One Trading L.P. acquired a new position in Edgewell Personal Care in the first quarter worth $235,000. Hedge funds and other institutional investors own 93.72% 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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