Los Angeles Capital Management & Equity Research Inc. Sells 3,570 Shares of Edgewell Personal C

Los Angeles Capital Management & Equity Research Inc. reduced its position in Edgewell Personal Care Co (NYSE:EPC) by 17.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,516 shares of the company’s stock after selling 3,570 shares during the quarter. Los Angeles Capital Management & Equity Research Inc.’s holdings in Edgewell Personal Care were worth $617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. CX Institutional purchased a new stake in Edgewell Personal Care in the fourth quarter worth $42,000. Eukles Asset Management purchased a new stake in Edgewell Personal Care in the fourth quarter worth $77,000. Strs Ohio increased its position in Edgewell Personal Care by 46.7% in the fourth quarter. Strs Ohio now owns 2,200 shares of the company’s stock worth $82,000 after buying an additional 700 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Edgewell Personal Care by 17.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,797 shares of the company’s stock worth $142,000 after buying an additional 554 shares during the last quarter. Finally, Quantamental Technologies LLC purchased a new stake in Edgewell Personal Care in the fourth quarter worth $149,000. 95.48% of the stock is owned by institutional investors and hedge funds.

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Edgewell Personal Care stock opened at $43.21 on Thursday. Edgewell Personal Care Co has a one year low of $35.85 and a one year high of $59.16. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.46 and a quick ratio of 0.87. The firm has a market capitalization of $2.36 billion, a PE ratio of 11.76, a P/E/G ratio of 4.72 and a beta of 0.70.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Thursday, February 7th. The company reported $0.37 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.15. Edgewell Personal Care had a return on equity of 11.57% and a net margin of 4.33%. The firm had revenue of $457.00 million during the quarter, compared to analyst estimates of $445.53 million. During the same period last year, the company earned $0.20 earnings per share. The business’s revenue for the quarter was down 2.4% on a year-over-year basis. Analysts anticipate that Edgewell Personal Care Co will post 3.4 EPS for the current fiscal year.

A number of analysts have issued reports on EPC shares. Zacks Investment Research downgraded Edgewell Personal Care from a “hold” rating to a “sell” rating in a research report on Wednesday, November 14th. Deutsche Bank decreased their target price on Edgewell Personal Care from $49.00 to $43.00 and set a “hold” rating for the company in a research report on Wednesday, November 14th. Bank of America raised Edgewell Personal Care from an “underperform” rating to a “neutral” rating and set a $46.00 target price for the company in a research report on Friday, February 8th. ValuEngine raised Edgewell Personal Care from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 13th. Finally, Barclays set a $39.00 target price on Edgewell Personal Care and gave the stock a “sell” rating in a research report on Monday, November 19th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. Edgewell Personal Care currently has an average rating of “Hold” and an average price target of $46.45.

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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.

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