Bridgeway Capital Management LLC Increases Stock Position in Edgewell Personal Care Co (NYSE:EPC)

Bridgeway Capital Management LLC raised its holdings in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 58.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 349,614 shares of the company's stock after purchasing an additional 128,389 shares during the quarter. Bridgeway Capital Management LLC owned 0.72% of Edgewell Personal Care worth $11,747,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of EPC. Vanguard Group Inc. boosted its position in Edgewell Personal Care by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company's stock worth $194,875,000 after purchasing an additional 24,850 shares during the last quarter. American Century Companies Inc. grew its position in Edgewell Personal Care by 2.0% during the fourth quarter. American Century Companies Inc. now owns 3,222,739 shares of the company's stock valued at $108,284,000 after buying an additional 64,257 shares during the period. Brandes Investment Partners LP increased its holdings in Edgewell Personal Care by 21.1% during the fourth quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company's stock worth $68,600,000 after buying an additional 355,224 shares during the last quarter. LSV Asset Management raised its position in Edgewell Personal Care by 6.8% in the fourth quarter. LSV Asset Management now owns 1,166,152 shares of the company's stock worth $39,183,000 after acquiring an additional 74,231 shares during the period. Finally, William Blair Investment Management LLC grew its holdings in Edgewell Personal Care by 40.5% during the fourth quarter. William Blair Investment Management LLC now owns 878,390 shares of the company's stock valued at $29,514,000 after purchasing an additional 253,014 shares during the period. Institutional investors and hedge funds own 91.91% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on EPC shares. Wells Fargo & Company reduced their target price on Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating for the company in a research report on Thursday. Morgan Stanley lowered their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating for the company in a research note on Tuesday, February 11th. Royal Bank of Canada lowered their target price on Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating for the company in a research note on Thursday. Canaccord Genuity Group decreased their price target on Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, StockNews.com lowered Edgewell Personal Care from a "hold" rating to a "sell" rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Edgewell Personal Care presently has a consensus rating of "Hold" and an average price target of $33.00.

Edgewell Personal Care Trading Up 3.5%

EPC stock traded up $0.95 during trading on Monday, reaching $28.00. The company had a trading volume of 166,903 shares, compared to its average volume of 469,244. The business has a 50 day moving average of $30.03 and a 200 day moving average of $32.46. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. The company has a market cap of $1.35 billion, a P/E ratio of 15.31 and a beta of 0.91. Edgewell Personal Care Co has a 52 week low of $24.35 and a 52 week high of $41.50.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.03). The firm had revenue of $580.70 million for the quarter, compared to the consensus estimate of $591.01 million. Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.88 earnings per share. As a group, sell-side analysts forecast that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Friday, June 6th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care's dividend payout ratio (DPR) is 32.79%.

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.