Dynamic Technology Lab Private Ltd Boosts Holdings in Edgewell Personal Care Co (EPC)

Dynamic Technology Lab Private Ltd raised its position in Edgewell Personal Care Co (NYSE:EPC) by 37.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,452 shares of the company’s stock after purchasing an additional 3,403 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Edgewell Personal Care were worth $608,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Allianz Asset Management GmbH bought a new position in shares of Edgewell Personal Care during the first quarter worth about $394,000. Xact Kapitalforvaltning AB raised its position in shares of Edgewell Personal Care by 40.0% during the first quarter. Xact Kapitalforvaltning AB now owns 8,402 shares of the company’s stock worth $410,000 after acquiring an additional 2,400 shares during the last quarter. Royal Bank of Canada raised its position in shares of Edgewell Personal Care by 2.2% during the first quarter. Royal Bank of Canada now owns 134,764 shares of the company’s stock worth $6,580,000 after acquiring an additional 2,961 shares during the last quarter. Legion Partners Asset Management LLC bought a new position in shares of Edgewell Personal Care during the first quarter worth about $37,144,000. Finally, Kiwi Wealth Investments Limited Partnership raised its position in shares of Edgewell Personal Care by 28.3% during the first quarter. Kiwi Wealth Investments Limited Partnership now owns 32,387 shares of the company’s stock worth $1,581,000 after acquiring an additional 7,137 shares during the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

A number of brokerages have recently issued reports on EPC. Citigroup raised their price objective on Edgewell Personal Care from $53.00 to $61.00 and gave the stock a “buy” rating in a research report on Friday. Morgan Stanley lowered their price objective on Edgewell Personal Care from $56.00 to $53.00 and set an “equal weight” rating for the company in a research report on Thursday, April 5th. Zacks Investment Research downgraded Edgewell Personal Care from a “hold” rating to a “sell” rating in a research report on Wednesday, April 11th. ValuEngine downgraded Edgewell Personal Care from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. Finally, Barclays set a $38.00 price objective on Edgewell Personal Care and gave the stock a “sell” rating in a research report on Thursday, May 3rd. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $59.10.

Shares of EPC stock opened at $50.46 on Friday. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of 12.71, a price-to-earnings-growth ratio of 4.78 and a beta of 0.79. The company has a quick ratio of 1.15, a current ratio of 1.82 and a debt-to-equity ratio of 0.81. Edgewell Personal Care Co has a fifty-two week low of $39.50 and a fifty-two week high of $76.76.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, May 3rd. The company reported $1.31 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.18 by $0.13. The business had revenue of $608.10 million during the quarter, compared to the consensus estimate of $603.29 million. Edgewell Personal Care had a positive return on equity of 11.51% and a negative net margin of 0.95%. The firm’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.21 earnings per share. research analysts anticipate that Edgewell Personal Care Co will post 3.43 earnings per share for the current year.

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.

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

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