Bank of Montreal Can reduced its holdings in shares of Edgewell Personal Care Co (NYSE:EPC) by 6.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 23,722 shares of the company’s stock after selling 1,636 shares during the period. Bank of Montreal Can’s holdings in Edgewell Personal Care were worth $1,042,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Hsbc Holdings PLC increased its position in shares of Edgewell Personal Care by 781.3% in the 4th quarter. Hsbc Holdings PLC now owns 66,552 shares of the company’s stock valued at $2,486,000 after purchasing an additional 59,000 shares during the last quarter. Quantamental Technologies LLC purchased a new stake in shares of Edgewell Personal Care in the 4th quarter valued at approximately $149,000. Dupont Capital Management Corp purchased a new stake in shares of Edgewell Personal Care in the 4th quarter valued at approximately $200,000. James Investment Research Inc. increased its position in shares of Edgewell Personal Care by 487.4% in the 1st quarter. James Investment Research Inc. now owns 18,590 shares of the company’s stock valued at $816,000 after purchasing an additional 15,425 shares during the last quarter. Finally, Strs Ohio increased its position in shares of Edgewell Personal Care by 46.7% in the 4th quarter. Strs Ohio now owns 2,200 shares of the company’s stock valued at $82,000 after purchasing an additional 700 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.
In related news, Director Daniel J. Heinrich bought 3,000 shares of the stock in a transaction dated Monday, May 13th. The stock was acquired at an average price of $32.55 per share, for a total transaction of $97,650.00. Following the acquisition, the director now owns 7,530 shares in the company, valued at approximately $245,101.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Marisa Iasenza bought 2,800 shares of the stock in a transaction dated Thursday, May 23rd. The stock was bought at an average price of $31.22 per share, with a total value of $87,416.00. Following the acquisition, the insider now owns 5,000 shares in the company, valued at approximately $156,100. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 32,300 shares of company stock valued at $1,049,332. Company insiders own 0.99% of the company’s stock.
Shares of Edgewell Personal Care stock opened at $31.69 on Friday. Edgewell Personal Care Co has a 12-month low of $30.36 and a 12-month high of $59.16. The company has a quick ratio of 1.24, a current ratio of 2.01 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $1.74 billion, a PE ratio of 9.00, a P/E/G ratio of 3.59 and a beta of 0.66.
Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, May 9th. The company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.13. Edgewell Personal Care had a net margin of 3.67% and a return on equity of 10.94%. The business had revenue of $546.70 million during the quarter, compared to analysts’ expectations of $562.22 million. During the same quarter in the prior year, the business posted $1.31 EPS. The company’s revenue for the quarter was down 10.1% on a year-over-year basis. As a group, research analysts expect that Edgewell Personal Care Co will post 3.43 earnings per share for the current year.
A number of equities research analysts have commented on EPC shares. Wells Fargo & Co increased their price objective on shares of Edgewell Personal Care from $39.00 to $41.00 and gave the company a “market perform” rating in a research report on Tuesday, April 16th. Bank of America raised shares of Edgewell Personal Care from an “underperform” rating to a “neutral” rating and set a $46.00 price objective on the stock in a research report on Friday, February 8th. SunTrust Banks increased their price objective on shares of Edgewell Personal Care to $45.00 and gave the company a “hold” rating in a research report on Monday, March 4th. ValuEngine raised shares of Edgewell Personal Care from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 13th. Finally, Barclays set a $37.00 price objective on shares of Edgewell Personal Care and gave the company a “sell” rating in a research report on Saturday, February 9th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $44.91.
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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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