LSV Asset Management Raises Position in Edgewell Personal Care Co (NYSE:EPC)

LSV Asset Management increased its holdings in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,166,152 shares of the company's stock after purchasing an additional 74,231 shares during the quarter. LSV Asset Management owned 2.40% of Edgewell Personal Care worth $39,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Brandes Investment Partners LP grew its holdings in shares of Edgewell Personal Care by 21.1% in the fourth quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company's stock worth $68,600,000 after acquiring an additional 355,224 shares during the period. William Blair Investment Management LLC increased its position in shares of Edgewell Personal Care by 40.5% during the 4th 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 last quarter. Raymond James Financial Inc. bought a new position in shares of Edgewell Personal Care in the 4th quarter worth approximately $7,473,000. Norges Bank purchased a new position in shares of Edgewell Personal Care in the fourth quarter worth approximately $4,684,000. Finally, Barclays PLC grew its position in Edgewell Personal Care by 563.6% during the third quarter. Barclays PLC now owns 148,553 shares of the company's stock valued at $5,400,000 after buying an additional 126,168 shares during the period. 91.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on EPC shares. Royal Bank of Canada reduced their price target on Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. UBS Group decreased their target price on shares of Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Wells Fargo & Company dropped their price target on shares of Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating for the company in a research report on Tuesday, February 11th. Morgan Stanley decreased 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. Finally, Barclays dropped their target price on shares of Edgewell Personal Care from $30.00 to $28.00 and set an "equal weight" rating for the company in a report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $36.29.

Edgewell Personal Care Stock Up 2.6 %

Shares of EPC stock traded up $0.77 on Thursday, hitting $29.99. The stock had a trading volume of 139,018 shares, compared to its average volume of 453,557. Edgewell Personal Care Co has a one year low of $26.65 and a one year high of $41.50. The business has a 50 day moving average price of $30.19 and a 200 day moving average price of $33.09. The company has a market cap of $1.45 billion, a PE ratio of 16.40 and a beta of 0.94. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. Research analysts anticipate that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date was Wednesday, March 5th. Edgewell Personal Care's dividend payout ratio (DPR) is currently 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.