Allianz Asset Management AG Purchase New Holding in Edgewell Personal Care Co (EPC)

Allianz Asset Management AG Purchase New Holding in Edgewell Personal Care Co (EPC)

Allianz Asset Management AG bought a new position in shares of Edgewell Personal Care Co (NYSE:EPC) during the fourth quarter, Holdings Channel reports. The firm bought 15,052 shares of the company’s stock, valued at approximately $1,099,000.

Other large investors also recently modified their holdings of the company. APG Asset Management N.V. raised its stake in shares of Edgewell Personal Care by 3.2% in the third quarter. APG Asset Management N.V. now owns 2,046,894 shares of the company’s stock worth $162,769,000 after buying an additional 63,565 shares during the period. State of Wisconsin Investment Board raised its stake in shares of Edgewell Personal Care by 47.2% in the third quarter. State of Wisconsin Investment Board now owns 57,730 shares of the company’s stock worth $4,591,000 after buying an additional 18,500 shares during the period. World Asset Management Inc raised its stake in shares of Edgewell Personal Care by 32.6% in the third quarter. World Asset Management Inc now owns 3,836 shares of the company’s stock worth $305,000 after buying an additional 942 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in shares of Edgewell Personal Care by 0.4% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,465 shares of the company’s stock worth $673,000 after buying an additional 36 shares during the period. Finally, Great West Life Assurance Co. Can raised its stake in shares of Edgewell Personal Care by 15.3% in the third quarter. Great West Life Assurance Co. Can now owns 241,982 shares of the company’s stock worth $19,263,000 after buying an additional 32,112 shares during the period. 85.26% of the stock is owned by institutional investors.

Shares of Edgewell Personal Care Co (NYSE:EPC) opened at 74.56 on Tuesday. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 23.40 and a beta of 0.86. Edgewell Personal Care Co has a 1-year low of $72.79 and a 1-year high of $88.00. The company has a 50 day moving average of $76.53 and a 200 day moving average of $77.08.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, February 2nd. The company reported $0.66 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.66. Edgewell Personal Care had a net margin of 8.01% and a return on equity of 11.46%. The firm earned $485 million during the quarter, compared to the consensus estimate of $496.81 million. During the same quarter in the prior year, the firm earned $0.68 earnings per share. The business’s quarterly revenue was down 2.0% on a year-over-year basis. On average, equities analysts forecast that Edgewell Personal Care Co will post $3.79 earnings per share for the current fiscal year.

Several research firms recently issued reports on EPC. Barclays PLC set a $84.00 price objective on shares of Edgewell Personal Care and gave the company a “hold” rating in a research note on Saturday, February 18th. Zacks Investment Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 14th. Finally, Royal Bank of Canada set a $105.00 price objective on shares of Edgewell Personal Care and gave the company a “buy” rating in a research note on Monday, February 27th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $88.86.

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.

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