Ontario Teachers Pension Plan Board Invests $1.12 Million in Edgewell Personal Care Co (EPC) Stock

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Ontario Teachers Pension Plan Board purchased a new position in Edgewell Personal Care Co (NYSE:EPC) in the second quarter, HoldingsChannel.com reports. The fund purchased 22,152 shares of the company’s stock, valued at approximately $1,118,000.

A number of other large investors have also recently bought and sold shares of EPC. BlackRock Inc. boosted its stake in Edgewell Personal Care by 15.3% in the second quarter. BlackRock Inc. now owns 9,272,107 shares of the company’s stock valued at $467,871,000 after acquiring an additional 1,231,893 shares during the period. JPMorgan Chase & Co. boosted its stake in Edgewell Personal Care by 4.0% in the first quarter. JPMorgan Chase & Co. now owns 3,488,774 shares of the company’s stock valued at $170,321,000 after acquiring an additional 135,267 shares during the period. Dimensional Fund Advisors LP boosted its stake in Edgewell Personal Care by 48.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,999,604 shares of the company’s stock valued at $100,897,000 after acquiring an additional 650,234 shares during the period. FMR LLC boosted its stake in Edgewell Personal Care by 33.9% in the second quarter. FMR LLC now owns 1,432,593 shares of the company’s stock valued at $72,289,000 after acquiring an additional 362,477 shares during the period. Finally, American Century Companies Inc. boosted its stake in Edgewell Personal Care by 16.3% in the second quarter. American Century Companies Inc. now owns 1,225,596 shares of the company’s stock valued at $61,844,000 after acquiring an additional 171,580 shares during the period. Institutional investors and hedge funds own 95.04% of the company’s stock.

A number of brokerages have commented on EPC. Citigroup lifted their target price on Edgewell Personal Care from $53.00 to $61.00 and gave the company a “buy” rating in a research note on Friday, June 29th. TheStreet upgraded Edgewell Personal Care from a “d+” rating to a “c-” rating in a research note on Wednesday, August 22nd. Jefferies Financial Group lifted their target price on Edgewell Personal Care from $48.00 to $49.00 and gave the company a “hold” rating in a research note on Wednesday, August 8th. Morgan Stanley lifted their target price on Edgewell Personal Care from $49.00 to $53.00 and gave the company an “equal weight” rating in a research note on Friday, August 31st. Finally, Zacks Investment Research cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Monday, August 13th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $54.18.

EPC opened at $55.80 on Thursday. The company has a market cap of $3.05 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 5.41 and a beta of 0.88. The company has a current ratio of 1.25, a quick ratio of 0.79 and a debt-to-equity ratio of 0.64. Edgewell Personal Care Co has a twelve month low of $39.50 and a twelve month high of $75.98.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Tuesday, August 7th. The company reported $0.91 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.13. The company had revenue of $620.60 million for the quarter, compared to analysts’ expectations of $619.95 million. Edgewell Personal Care had a positive return on equity of 10.99% and a negative net margin of 2.85%. The business’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 earnings per share. analysts anticipate that Edgewell Personal Care Co will post 3.48 earnings per share for the current year.

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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Institutional Ownership by Quarter for Edgewell Personal Care (NYSE:EPC)

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