Cullen Frost Bankers Inc. maintained its stake in shares of Edgewell Personal Care Co. (NYSE:EPC) during the second quarter, Holdings Channel reports. The firm owned 5,907 shares of the company’s stock at the end of the second quarter. Cullen Frost Bankers Inc.’s holdings in Edgewell Personal Care were worth $499,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Bank of Montreal Can bought a new stake in shares of Edgewell Personal Care during the second quarter valued at approximately $10,879,000. Shell Asset Management Co. boosted its stake in shares of Edgewell Personal Care by 24.2% in the second quarter. Shell Asset Management Co. now owns 3,151 shares of the company’s stock valued at $266,000 after buying an additional 613 shares during the last quarter. Oakbrook Investments LLC raised its position in shares of Edgewell Personal Care by 75.0% in the second quarter. Oakbrook Investments LLC now owns 5,600 shares of the company’s stock valued at $473,000 after buying an additional 2,400 shares during the period. Robeco Institutional Asset Management B.V. acquired a new position in shares of Edgewell Personal Care during the second quarter valued at about $1,483,000. Finally, LS Investment Advisors LLC raised its position in shares of Edgewell Personal Care by 30.0% in the second quarter. LS Investment Advisors LLC now owns 6,544 shares of the company’s stock valued at $552,000 after buying an additional 1,512 shares during the period. Institutional investors and hedge funds own 86.39% of the company’s stock.
Shares of Edgewell Personal Care Co. (NYSE:EPC) traded up 1.55% during trading on Thursday, hitting $78.05. The stock had a trading volume of 1,032,711 shares. Edgewell Personal Care Co. has a 52 week low of $67.94 and a 52 week high of $88.00. The firm has a 50 day moving average price of $77.96 and a 200-day moving average price of $80.73. The stock’s market capitalization is $4.60 billion.
Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.66 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.78 by $0.12. The business earned $645.10 million during the quarter, compared to the consensus estimate of $647.55 million. Edgewell Personal Care had a positive return on equity of 10.27% and a negative net margin of 4.02%. Edgewell Personal Care’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.17 earnings per share. On average, equities research analysts forecast that Edgewell Personal Care Co. will post $3.48 EPS for the current fiscal year.
Several equities analysts have issued reports on EPC shares. Bank of America Corp. lowered Edgewell Personal Care from a “buy” rating to a “neutral” rating and set a $84.00 price target on the stock. in a research note on Monday, September 12th. They noted that the move was a valuation call. Zacks Investment Research lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Monday, July 4th. Jefferies Group reissued a “hold” rating and issued a $77.00 price target (down from $87.00) on shares of Edgewell Personal Care in a research note on Monday, August 1st. Goldman Sachs Group Inc. reissued a “neutral” rating and issued a $93.00 price target (up from $88.00) on shares of Edgewell Personal Care in a research note on Friday, July 15th. Finally, Citigroup Inc. dropped their price target on Edgewell Personal Care from $97.00 to $94.00 and set a “buy” rating on the stock in a research note on Wednesday, August 3rd. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $85.88.
About Edgewell Personal Care
Edgewell Personal Care Company, formerly Energizer Holdings, Inc, manufactures and markets personal care products in the wet shave, sun and skin care, feminine care and infant care categories. The Company operates through four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other. The Company has a portfolio of over 25 brands.
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