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

LSV Asset Management increased its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,166,152 shares of the company’s stock after buying an additional 74,231 shares during the quarter. LSV Asset Management’s holdings in Edgewell Personal Care were worth $39,183,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EPC. Quadrant Capital Group LLC increased its stake 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 worth $25,000 after acquiring an additional 347 shares during the last quarter. R Squared Ltd acquired a new stake in Edgewell Personal Care during the fourth quarter worth about $36,000. Wolverine Asset Management LLC increased its position in Edgewell Personal Care by 217.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock worth $39,000 after purchasing an additional 800 shares during the last quarter. KBC Group NV raised its stake in Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after purchasing an additional 823 shares during the period. Finally, TD Private Client Wealth LLC boosted its holdings in Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after purchasing an additional 693 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EPC. Barclays cut their price target 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. StockNews.com raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Tuesday. Royal Bank of Canada decreased their price target on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Canaccord Genuity Group cut their price objective on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, February 11th. Finally, Morgan Stanley decreased their target price 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. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Edgewell Personal Care currently has an average rating of “Hold” and a consensus price target of $36.29.

Edgewell Personal Care Stock Performance

Shares of Edgewell Personal Care stock opened at $29.80 on Friday. 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 stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 16.28 and a beta of 0.94. The business has a 50-day moving average of $30.32 and a 200 day moving average of $33.21. Edgewell Personal Care Co has a 12 month low of $26.65 and a 12 month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. As a group, sell-side analysts forecast that Edgewell Personal Care Co will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend was Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio is currently 32.79%.

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.