LSV Asset Management Increases Stake 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 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 903,799 shares of the company's stock after purchasing an additional 20,445 shares during the quarter. LSV Asset Management owned 1.81% of Edgewell Personal Care worth $33,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. EMC Capital Management grew its stake in shares of Edgewell Personal Care by 38.7% in the third quarter. EMC Capital Management now owns 4,220 shares of the company's stock worth $156,000 after acquiring an additional 1,178 shares during the period. Everence Capital Management Inc. purchased a new position in shares of Edgewell Personal Care in the 4th quarter worth $239,000. Pearl River Capital LLC bought a new stake in shares of Edgewell Personal Care in the third quarter worth $273,000. SG Americas Securities LLC bought a new stake in shares of Edgewell Personal Care in the fourth quarter worth $306,000. Finally, Inspire Investing LLC lifted its holdings in Edgewell Personal Care by 9.0% in the third quarter. Inspire Investing LLC now owns 8,332 shares of the company's stock valued at $308,000 after acquiring an additional 691 shares during the period. 91.91% of the stock is owned by hedge funds and other institutional investors.

Edgewell Personal Care Price Performance

Shares of EPC traded down $0.29 during mid-day trading on Monday, reaching $37.53. The stock had a trading volume of 299,986 shares, compared to its average volume of 363,970. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 18.40 and a beta of 0.95. Edgewell Personal Care Co has a 12 month low of $33.71 and a 12 month high of $46.13. The business has a fifty day moving average of $37.35 and a 200 day moving average of $36.73. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.03 and a current ratio of 2.15.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.18. The business had revenue of $488.90 million during the quarter, compared to analyst estimates of $481.41 million. Edgewell Personal Care had a return on equity of 8.38% and a net margin of 4.66%. Edgewell Personal Care's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.31 EPS. Equities analysts predict that Edgewell Personal Care Co will post 2.8 EPS for the current year.

Analyst Upgrades and Downgrades

EPC has been the subject of several research reports. Barclays reduced their price target on shares of Edgewell Personal Care from $39.00 to $37.00 and set an "equal weight" rating for the company in a research report on Friday, April 12th. Wells Fargo & Company lifted their price target on shares of Edgewell Personal Care from $40.00 to $43.00 and gave the stock an "overweight" rating in a research note on Thursday, February 8th.

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.