Edgewell Personal Care Co (EPC) VP Anthony J. Bender Acquires 1,450 Shares

Edgewell Personal Care Co (NYSE:EPC) VP Anthony J. Bender bought 1,450 shares of the stock in a transaction on Tuesday, February 13th. The shares were acquired at an average cost of $50.02 per share, for a total transaction of $72,529.00. Following the purchase, the vice president now owns 14,359 shares in the company, valued at $718,237.18. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Edgewell Personal Care Co (NYSE EPC) traded down $0.83 during mid-day trading on Tuesday, hitting $50.15. The stock had a trading volume of 254,255 shares, compared to its average volume of 814,283. The company has a quick ratio of 1.87, a current ratio of 2.65 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $2,706.36, a PE ratio of -127.45, a PEG ratio of 2.79 and a beta of 0.74. Edgewell Personal Care Co has a 12 month low of $46.83 and a 12 month high of $82.06.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the 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 for the quarter, compared to analyst estimates of $470.63 million. During the same period last year, the company earned $0.66 EPS. The company’s revenue was down 3.4% compared to the same quarter last year. equities research analysts forecast that Edgewell Personal Care Co will post 3.9 earnings per share for the current year.

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

Several equities research analysts recently commented on the company. Wells Fargo & Co reissued a “hold” rating on shares of Edgewell Personal Care in a research note on Thursday, February 8th. Zacks Investment Research lowered Edgewell Personal Care from a “hold” rating to a “sell” rating in a report on Monday, February 5th. Deutsche Bank cut their price target on Edgewell Personal Care from $65.00 to $53.00 and set a “hold” rating for the company in a report on Friday. Jefferies Group reiterated a “hold” rating and set a $78.00 price target on shares of Edgewell Personal Care in a report on Thursday, October 19th. Finally, Barclays set a $47.00 price target on Edgewell Personal Care and gave the stock a “sell” rating in a report on Saturday. Three investment 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. The company has a consensus rating of “Hold” and an average price target of $68.67.

A number of large investors have recently added to or reduced their stakes in the business. Brandes Investment Partners LP acquired a new position in Edgewell Personal Care in the fourth quarter valued at about $24,653,000. Ford Financial Group Inc. acquired a new position in Edgewell Personal Care in the fourth quarter valued at about $133,000. Beddow Capital Management Inc. lifted its stake in Edgewell Personal Care by 87.1% in the fourth quarter. Beddow Capital Management Inc. now owns 85,825 shares of the company’s stock valued at $5,097,000 after buying an additional 39,950 shares during the period. OppenheimerFunds Inc. lifted its stake in Edgewell Personal Care by 31.0% in the fourth quarter. OppenheimerFunds Inc. now owns 10,911 shares of the company’s stock valued at $648,000 after buying an additional 2,582 shares during the period. Finally, First Republic Investment Management Inc. lifted its stake 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 period. 93.07% of the stock is currently owned by hedge funds and other institutional investors.

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Edgewell Personal Care Company 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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