Bridgeway Capital Management LLC Purchases 128,389 Shares of Edgewell Personal Care Co (NYSE:EPC)

Bridgeway Capital Management LLC raised its holdings in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 58.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 349,614 shares of the company's stock after buying an additional 128,389 shares during the period. Bridgeway Capital Management LLC owned approximately 0.72% of Edgewell Personal Care worth $11,747,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of EPC. Quadrant Capital Group LLC boosted its position in shares of Edgewell Personal Care by 85.9% in the 4th quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock valued at $25,000 after purchasing an additional 347 shares during the period. R Squared Ltd purchased a new position in Edgewell Personal Care during the 4th quarter valued at about $36,000. Wolverine Asset Management LLC lifted its position in shares of Edgewell Personal Care by 217.4% in the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company's stock valued at $39,000 after acquiring an additional 800 shares in the last quarter. Sterling Capital Management LLC boosted its stake in shares of Edgewell Personal Care by 805.9% during the 4th quarter. Sterling Capital Management LLC now owns 1,531 shares of the company's stock worth $51,000 after purchasing an additional 1,362 shares during the last quarter. Finally, KBC Group NV grew its position in shares of Edgewell Personal Care by 56.5% in the fourth quarter. KBC Group NV now owns 2,279 shares of the company's stock valued at $77,000 after purchasing an additional 823 shares during the period. Hedge funds and other institutional investors own 91.91% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Barclays reduced their target price on Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating on the stock in a report on Thursday. StockNews.com raised Edgewell Personal Care from a "sell" rating to a "hold" rating in a research report on Friday, April 25th. Morgan Stanley cut their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating on the stock in a research report on Tuesday, February 11th. Royal Bank of Canada reduced their price target on shares of Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating for the company in a research note on Thursday. Finally, UBS Group boosted their price target on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $33.00.

Edgewell Personal Care Stock Up 0.1 %

Edgewell Personal Care stock traded up $0.03 during mid-day trading on Friday, hitting $27.23. 764,377 shares of the company's stock were exchanged, compared to its average volume of 470,212. The stock has a 50 day moving average of $30.03 and a two-hundred day moving average of $32.49. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. Edgewell Personal Care Co has a 1-year low of $24.35 and a 1-year high of $41.50. The stock has a market cap of $1.31 billion, a P/E ratio of 14.88 and a beta of 0.91.

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

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Friday, June 6th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.60 dividend on an annualized basis and a yield of 2.20%. Edgewell Personal Care's dividend payout ratio (DPR) is presently 32.79%.

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.