Hotchkis & Wiley Capital Management LLC Raises Holdings in Edgewell Personal Care Co (NYSE:EPC)

Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Edgewell Personal Care Co (NYSE:EPC - Free Report) by 27.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 311,930 shares of the company's stock after purchasing an additional 66,960 shares during the period. Hotchkis & Wiley Capital Management LLC owned about 0.63% of Edgewell Personal Care worth $11,336,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. HighTower Advisors LLC grew its holdings in shares of Edgewell Personal Care by 12.2% during the 3rd quarter. HighTower Advisors LLC now owns 11,339 shares of the company's stock worth $421,000 after acquiring an additional 1,234 shares during the period. Centiva Capital LP bought a new stake in shares of Edgewell Personal Care in the 3rd quarter worth approximately $255,000. Point72 Asia Singapore Pte. Ltd. grew its stake in shares of Edgewell Personal Care by 76.5% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,205 shares of the company's stock worth $116,000 after buying an additional 1,389 shares during the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of Edgewell Personal Care in the 3rd quarter worth approximately $118,000. Finally, BNP Paribas Financial Markets grew its stake in shares of Edgewell Personal Care by 145.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 24,938 shares of the company's stock worth $906,000 after buying an additional 14,787 shares during the last quarter. Hedge funds and other institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Stock Performance

Shares of EPC stock traded up $0.44 on Wednesday, reaching $38.25. The stock had a trading volume of 671,381 shares, compared to its average volume of 398,341. Edgewell Personal Care Co has a 1 year low of $33.27 and a 1 year high of $41.50. The company has a 50 day simple moving average of $35.53 and a 200 day simple moving average of $37.71. The stock has a market cap of $1.86 billion, a P/E ratio of 19.52 and a beta of 0.88. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The company had revenue of $517.60 million for the quarter, compared to analysts' expectations of $535.23 million. During the same period last year, the firm earned $0.72 EPS. Edgewell Personal Care's revenue for the quarter was down 3.1% compared to the same quarter last year. Equities research analysts expect that Edgewell Personal Care Co will post 3.21 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.57%. Edgewell Personal Care's dividend payout ratio is presently 30.61%.

Analyst Ratings Changes

EPC has been the topic of several recent research reports. Barclays cut their price target on Edgewell Personal Care from $37.00 to $36.00 and set an "equal weight" rating on the stock in a research note on Monday, November 11th. UBS Group cut their target price on Edgewell Personal Care from $42.00 to $40.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 7th. Truist Financial cut their target price on Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating on the stock in a research note on Wednesday, October 16th. Finally, StockNews.com downgraded Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $42.40.

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.