Edgewell Personal Care Co (NYSE:EPC) Short Interest Update
Edgewell Personal Care Co (NYSE:EPC) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 3,900,700 shares, a growth of 11.0% from the June 15th total of 3,515,000 shares. Approximately 7.2% of the shares of the company are sold short. Based on an average daily volume of 873,400 shares, the days-to-cover ratio is currently 4.5 days.
In other Edgewell Personal Care news, CEO Rod R. Little purchased 9,300 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The shares were acquired at an average cost of $32.00 per share, for a total transaction of $297,600.00. Following the completion of the purchase, the chief executive officer now owns 14,575 shares of the company’s stock, valued at approximately $466,400. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director James C. Johnson purchased 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The stock was acquired at an average price of $30.50 per share, for a total transaction of $30,500.00. Following the completion of the purchase, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $61,000. The disclosure for this purchase can be found here. Insiders bought 33,300 shares of company stock worth $1,079,832 over the last three months. Insiders own 0.99% of the company’s stock.
A number of institutional investors have recently made changes to their positions in EPC. Norges Bank acquired a new stake in Edgewell Personal Care during the fourth quarter worth about $33,544,000. Rothschild & Co. Asset Management US Inc. bought a new position in shares of Edgewell Personal Care in the second quarter worth about $10,200,000. WINTON GROUP Ltd lifted its holdings in shares of Edgewell Personal Care by 1,787.8% in the second quarter. WINTON GROUP Ltd now owns 241,303 shares of the company’s stock worth $6,503,000 after acquiring an additional 228,521 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Edgewell Personal Care by 7.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,270,946 shares of the company’s stock worth $84,821,000 after acquiring an additional 147,982 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in shares of Edgewell Personal Care by 3,627.0% in the first quarter. Acadian Asset Management LLC now owns 103,239 shares of the company’s stock worth $4,531,000 after acquiring an additional 100,469 shares during the last quarter. Hedge funds and other institutional investors own 94.09% of the company’s stock.
Edgewell Personal Care stock traded up $0.07 during trading hours on Monday, reaching $29.60. 434,700 shares of the stock were exchanged, compared to its average volume of 679,056. The company has a market cap of $1.60 billion, a P/E ratio of 8.41, a P/E/G ratio of 3.53 and a beta of 0.83. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.24 and a current ratio of 2.01. Edgewell Personal Care has a twelve month low of $26.36 and a twelve month high of $59.16. The stock has a 50 day moving average price of $28.57.
Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Thursday, May 9th. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.13. The firm had revenue of $546.70 million for the quarter, compared to the consensus estimate of $562.22 million. Edgewell Personal Care had a net margin of 3.67% and a return on equity of 10.94%. The business’s revenue for the quarter was down 10.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.31 earnings per share. On average, sell-side analysts predict that Edgewell Personal Care will post 3.43 earnings per share for the current year.
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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