Edgewell Personal Care Co (EPC) Holdings Trimmed by Mutual of America Capital Management LLC
Mutual of America Capital Management LLC decreased its holdings in Edgewell Personal Care Co (NYSE:EPC) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,651 shares of the company’s stock after selling 1,411 shares during the period. Mutual of America Capital Management LLC’s holdings in Edgewell Personal Care were worth $3,246,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. FMR LLC grew its position in shares of Edgewell Personal Care by 3.8% during the 2nd quarter. FMR LLC now owns 861,965 shares of the company’s stock worth $65,527,000 after buying an additional 31,900 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Edgewell Personal Care by 2.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 563,019 shares of the company’s stock worth $42,800,000 after buying an additional 13,886 shares in the last quarter. Royal Bank of Canada grew its position in shares of Edgewell Personal Care by 103.8% during the 2nd quarter. Royal Bank of Canada now owns 143,276 shares of the company’s stock worth $10,893,000 after buying an additional 72,983 shares in the last quarter. Shelton Capital Management bought a new position in shares of Edgewell Personal Care during the 2nd quarter worth $337,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of Edgewell Personal Care by 1.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 84,320 shares of the company’s stock worth $6,410,000 after buying an additional 1,177 shares in the last quarter. Institutional investors and hedge funds own 93.75% of the company’s stock.
In related news, Director Daniel J. Heinrich acquired 1,500 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were bought at an average price of $57.08 per share, with a total value of $85,620.00. Following the completion of the transaction, the director now directly owns 3,530 shares in the company, valued at $201,492.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.97% of the stock is owned by company insiders.
Shares of Edgewell Personal Care Co (EPC) opened at $50.12 on Friday. Edgewell Personal Care Co has a 12-month low of $46.83 and a 12-month high of $82.06. The firm has a market capitalization of $2,670.18, a PE ratio of -125.30, a P/E/G ratio of 2.73 and a beta of 0.74. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.63 and a current ratio of 2.65.
Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $468.30 million for the quarter, compared to the consensus estimate of $470.63 million. During the same period in the previous year, the business earned $0.66 EPS. Edgewell Personal Care’s revenue for the quarter was down 3.4% compared to the same quarter last year. equities analysts expect that Edgewell Personal Care Co will post 3.93 EPS for the current year.
Edgewell Personal Care announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 8th that authorizes the company to buyback 10,000,000 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.
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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