Edgewell Personal Care Co (NYSE:EPC) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System cut its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 0.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 83,418 shares of the company’s stock after selling 431 shares during the period. New York State Teachers Retirement System owned approximately 0.17% of Edgewell Personal Care worth $3,031,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Clearstead Trust LLC acquired a new position in shares of Edgewell Personal Care during the second quarter worth about $33,000. Acadian Asset Management LLC purchased a new stake in Edgewell Personal Care in the 2nd quarter valued at approximately $53,000. Innealta Capital LLC acquired a new position in Edgewell Personal Care during the 2nd quarter worth approximately $76,000. Canada Pension Plan Investment Board purchased a new position in shares of Edgewell Personal Care during the 2nd quarter worth approximately $84,000. Finally, Blue Trust Inc. lifted its holdings in shares of Edgewell Personal Care by 32.5% in the 2nd quarter. Blue Trust Inc. now owns 2,365 shares of the company’s stock valued at $91,000 after buying an additional 580 shares during the period. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Trading Up 0.2 %

NYSE:EPC opened at $36.41 on Friday. Edgewell Personal Care Co has a 52-week low of $33.27 and a 52-week high of $41.50. The company has a quick ratio of 0.94, a current ratio of 1.79 and a debt-to-equity ratio of 0.82. The stock has a fifty day simple moving average of $36.08 and a 200-day simple moving average of $38.06. The company has a market capitalization of $1.80 billion, a PE ratio of 15.43 and a beta of 0.86.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.21. The company had revenue of $647.80 million during the quarter, compared to analysts’ expectations of $649.67 million. Edgewell Personal Care had a net margin of 5.26% and a return on equity of 9.92%. The firm’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.98 earnings per share. On average, equities research analysts expect that Edgewell Personal Care Co will post 3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

EPC has been the topic of a number of recent analyst reports. StockNews.com lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. UBS Group lowered their price target on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. Barclays reduced their price objective on shares of Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday, October 11th. Finally, Truist Financial lowered their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $41.00.

About Edgewell Personal Care

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.