Edgewell Personal Care Co (NYSE:EPC) Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC cut its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 60.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,561 shares of the company’s stock after selling 27,873 shares during the period. Hsbc Holdings PLC’s holdings in Edgewell Personal Care were worth $625,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Barclays PLC raised its stake in shares of Edgewell Personal Care by 563.6% during the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock worth $5,400,000 after buying an additional 126,168 shares during the period. Franklin Resources Inc. lifted its stake in Edgewell Personal Care by 2.1% in the 3rd quarter. Franklin Resources Inc. now owns 128,064 shares of the company’s stock valued at $4,499,000 after buying an additional 2,684 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Edgewell Personal Care by 2.9% in the 3rd quarter. Principal Financial Group Inc. now owns 251,422 shares of the company’s stock valued at $9,137,000 after buying an additional 7,018 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Edgewell Personal Care by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock worth $24,345,000 after buying an additional 39,059 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Edgewell Personal Care by 208.2% during the fourth quarter. SG Americas Securities LLC now owns 16,553 shares of the company’s stock valued at $556,000 after acquiring an additional 11,183 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on EPC. Royal Bank of Canada dropped their price target on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. StockNews.com raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Friday, April 25th. Barclays lowered their price target on shares of Edgewell Personal Care from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Friday, April 11th. Canaccord Genuity Group cut their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. Finally, UBS Group upped their price target on Edgewell Personal Care from $31.00 to $32.00 and gave the company a “neutral” rating in a research report on Thursday, April 17th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Edgewell Personal Care presently has a consensus rating of “Hold” and a consensus price target of $35.71.

Edgewell Personal Care Trading Up 0.3 %

EPC opened at $30.65 on Tuesday. The stock has a market capitalization of $1.48 billion, a PE ratio of 16.75 and a beta of 0.91. Edgewell Personal Care Co has a one year low of $26.65 and a one year high of $41.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The business’s 50 day moving average price is $30.29 and its 200 day moving average price is $32.65.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. As a group, equities research analysts expect that Edgewell Personal Care Co will post 3.16 EPS for the current year.

Edgewell Personal Care Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend was Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio (DPR) is 32.79%.

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.