Nisa Investment Advisors LLC Increases Stake in Edgewell Personal Care Co (EPC)

Nisa Investment Advisors LLC grew its position in Edgewell Personal Care Co (NYSE:EPC) by 5.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 27,110 shares of the company’s stock after acquiring an additional 1,300 shares during the period. Nisa Investment Advisors LLC owned 0.05% of Edgewell Personal Care worth $1,253,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Russell Investments Group Ltd. raised its position in Edgewell Personal Care by 51.3% during the 1st quarter. Russell Investments Group Ltd. now owns 36,860 shares of the company’s stock worth $1,797,000 after purchasing an additional 12,497 shares during the last quarter. Allianz Asset Management GmbH bought a new position in Edgewell Personal Care during the 1st quarter worth $394,000. Royal Bank of Canada raised its position in Edgewell Personal Care by 2.2% during the 1st quarter. Royal Bank of Canada now owns 134,764 shares of the company’s stock worth $6,580,000 after purchasing an additional 2,961 shares during the last quarter. Xact Kapitalforvaltning AB raised its position in Edgewell Personal Care by 40.0% during the 1st quarter. Xact Kapitalforvaltning AB now owns 8,402 shares of the company’s stock worth $410,000 after purchasing an additional 2,400 shares during the last quarter. Finally, Bank of Montreal Can bought a new position in Edgewell Personal Care during the 2nd quarter worth $1,425,000. Institutional investors own 95.04% of the company’s stock.

EPC stock opened at $45.66 on Monday. Edgewell Personal Care Co has a 1-year low of $39.50 and a 1-year high of $65.79. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.25 and a quick ratio of 0.79. The stock has a market capitalization of $2.47 billion, a PE ratio of 13.35, a price-to-earnings-growth ratio of 5.25 and a beta of 0.95.



Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Tuesday, August 7th. The company reported $0.91 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.13. Edgewell Personal Care had a positive return on equity of 10.99% and a negative net margin of 2.85%. The firm had revenue of $620.60 million during the quarter, compared to analyst estimates of $619.95 million. During the same period last year, the company posted $1.11 EPS. The business’s quarterly revenue was down 2.7% on a year-over-year basis. Analysts expect that Edgewell Personal Care Co will post 3.48 earnings per share for the current year.

EPC has been the subject of several analyst reports. Citigroup raised their target price on Edgewell Personal Care from $61.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, August 9th. Zacks Investment Research raised Edgewell Personal Care from a “sell” rating to a “buy” rating and set a $63.00 target price for the company in a research report on Friday, August 10th. TheStreet raised Edgewell Personal Care from a “d+” rating to a “c-” rating in a research report on Wednesday, August 22nd. Morgan Stanley raised their target price on Edgewell Personal Care from $49.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Friday, August 31st. Finally, Societe Generale lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Thursday, August 9th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $53.18.

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: Short Selling – Explanation For Shorting Stocks

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