Empowered Funds LLC Acquires 39,889 Shares of Edgewell Personal Care Co (NYSE:EPC)

Empowered Funds LLC boosted its holdings in Edgewell Personal Care Co (NYSE:EPC) by 23.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 208,514 shares of the company’s stock after purchasing an additional 39,889 shares during the period. Empowered Funds LLC’s holdings in Edgewell Personal Care were worth $7,006,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. R Squared Ltd bought a new stake in shares of Edgewell Personal Care during the 4th quarter worth $36,000. Prospera Private Wealth LLC bought a new stake in Edgewell Personal Care in the third quarter worth about $48,000. KBC Group NV boosted its stake in Edgewell Personal Care by 56.5% in the fourth quarter. KBC Group NV now owns 2,279 shares of the company’s stock valued at $77,000 after acquiring an additional 823 shares during the last quarter. Blue Trust Inc. grew its position in shares of Edgewell Personal Care by 14.0% during the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock valued at $108,000 after acquiring an additional 332 shares during the period. Finally, TD Private Client Wealth LLC increased its stake in shares of Edgewell Personal Care by 33.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after purchasing an additional 693 shares during the last quarter. Institutional investors own 91.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on EPC shares. UBS Group dropped their price objective on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Wells Fargo & Company cut their price target on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Truist Financial decreased their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Finally, Barclays dropped their price objective on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Edgewell Personal Care presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.80.

Edgewell Personal Care Stock Performance

NYSE:EPC opened at $28.62 on Tuesday. The business’s fifty day moving average is $33.79 and its 200 day moving average is $35.72. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 14.60 and a beta of 0.88. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. Edgewell Personal Care Co has a 52-week low of $26.65 and a 52-week high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. Research analysts predict that Edgewell Personal Care Co will post 3.19 EPS for the current year.

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.