XTX Topco Ltd Raises Position in Edgewell Personal Care Company (NYSE:EPC)

Key Points

• XTX Topco Ltd has significantly increased its stake in Edgewell Personal Care Company by 159.5%, now owning 21,876 shares valued at approximately $683,000.
• Edgewell Personal Care's shares declined by 0.5% and the company reported EPS of $0.87 in its latest earnings, missing expectations.
• Analysts have a mixed outlook on Edgewell, with target prices ranging from $25.00 to $43.00, leading to an average rating of "Hold" for its stock.

XTX Topco Ltd raised its holdings in shares of Edgewell Personal Care Company (NYSE:EPC - Free Report) by 159.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,876 shares of the company's stock after acquiring an additional 13,445 shares during the quarter. XTX Topco Ltd's holdings in Edgewell Personal Care were worth $683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of EPC. Quadrant Capital Group LLC boosted its stake in shares of Edgewell Personal Care by 85.9% during the 4th quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock worth $25,000 after acquiring an additional 347 shares during the last quarter. Sterling Capital Management LLC boosted its stake in shares of Edgewell Personal Care by 805.9% during the 4th quarter. Sterling Capital Management LLC now owns 1,531 shares of the company's stock worth $51,000 after acquiring an additional 1,362 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Edgewell Personal Care by 35.3% during the 1st quarter. Blue Trust Inc. now owns 3,100 shares of the company's stock worth $97,000 after acquiring an additional 809 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in shares of Edgewell Personal Care by 24.1% during the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company's stock worth $110,000 after acquiring an additional 686 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Edgewell Personal Care by 166.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,362 shares of the company's stock worth $147,000 after acquiring an additional 2,725 shares during the last quarter. Hedge funds and other institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Stock Down 0.5%

Shares of EPC stock opened at $25.03 on Tuesday. The stock has a market cap of $1.18 billion, a P/E ratio of 14.64 and a beta of 0.81. Edgewell Personal Care Company has a 52 week low of $22.61 and a 52 week high of $40.71. The company has a quick ratio of 0.93, a current ratio of 1.89 and a debt-to-equity ratio of 0.95. The company's fifty day simple moving average is $25.40 and its two-hundred day simple moving average is $28.62.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.03). The company had revenue of $580.70 million during the quarter, compared to analysts' expectations of $591.01 million. Edgewell Personal Care had a return on equity of 9.20% and a net margin of 3.81%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.88 EPS. Analysts predict that Edgewell Personal Care Company will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Friday, June 6th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, June 6th. Edgewell Personal Care's payout ratio is presently 35.09%.

Analyst Upgrades and Downgrades

EPC has been the topic of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. Royal Bank Of Canada lowered their target price on shares of Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating on the stock in a research note on Thursday, May 8th. Barclays lifted their target price on shares of Edgewell Personal Care from $25.00 to $26.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 15th. Wall Street Zen upgraded shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a research note on Saturday, May 17th. Finally, Canaccord Genuity Group lowered their target price on shares of Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $33.14.

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.

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