Edgewell Personal Care Co (EPC) Director Daniel J. Heinrich Purchases 1,000 Shares

Edgewell Personal Care Co (NYSE:EPC) Director Daniel J. Heinrich bought 1,000 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were acquired at an average cost of $50.59 per share, with a total value of $50,590.00. Following the acquisition, the director now directly owns 4,530 shares of the company’s stock, valued at $229,172.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Edgewell Personal Care Co (NYSE:EPC) traded up $1.06 on Monday, hitting $51.18. 607,536 shares of the company were exchanged, compared to its average volume of 812,043. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.65 and a quick ratio of 1.87. Edgewell Personal Care Co has a 12-month low of $46.83 and a 12-month high of $82.06. The stock has a market capitalization of $2,760.00, a price-to-earnings ratio of -129.23, a P/E/G ratio of 2.79 and a beta of 0.75.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.37). Edgewell Personal Care had a negative net margin of 0.92% and a positive return on equity of 11.24%. The firm had revenue of $468.30 million during the quarter, compared to analysts’ expectations of $470.63 million. During the same period in the prior year, the company posted $0.66 EPS. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year. equities analysts anticipate that Edgewell Personal Care Co will post 3.9 EPS for the current year.

Edgewell Personal Care declared that its board has approved a share buyback plan on Thursday, February 8th that authorizes the company to repurchase 10,000,000 outstanding shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State Board of Administration of Florida Retirement System lifted its position in Edgewell Personal Care by 1.3% in the third quarter. State Board of Administration of Florida Retirement System now owns 84,346 shares of the company’s stock valued at $6,138,000 after buying an additional 1,100 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Edgewell Personal Care by 1.4% in the second quarter. The Manufacturers Life Insurance Company now owns 84,320 shares of the company’s stock valued at $6,410,000 after buying an additional 1,177 shares during the last quarter. Swiss National Bank lifted its position in Edgewell Personal Care by 1.5% in the fourth quarter. Swiss National Bank now owns 92,200 shares of the company’s stock valued at $5,476,000 after buying an additional 1,400 shares during the last quarter. First Republic Investment Management Inc. lifted its position in Edgewell Personal Care by 28.3% in the fourth quarter. First Republic Investment Management Inc. now owns 7,057 shares of the company’s stock valued at $419,000 after buying an additional 1,556 shares during the last quarter. Finally, Sei Investments Co. lifted its position in Edgewell Personal Care by 9.6% in the third quarter. Sei Investments Co. now owns 20,464 shares of the company’s stock valued at $1,489,000 after buying an additional 1,785 shares during the last quarter. 93.07% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently issued reports on the stock. Barclays set a $47.00 target price on shares of Edgewell Personal Care and gave the stock a “sell” rating in a report on Saturday. Deutsche Bank dropped their target price on shares of Edgewell Personal Care from $65.00 to $53.00 and set a “hold” rating for the company in a report on Friday. Morgan Stanley dropped their target price on shares of Edgewell Personal Care from $65.00 to $56.00 and set an “equal weight” rating for the company in a report on Friday. KeyCorp reaffirmed a “hold” rating on shares of Edgewell Personal Care in a report on Monday, October 16th. Finally, Wells Fargo & Co reissued a “hold” rating on shares of Edgewell Personal Care in a report on Thursday. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. Edgewell Personal Care has an average rating of “Hold” and an average target price of $68.67.

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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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