LSV Asset Management Purchases 74,231 Shares of Edgewell Personal Care Co (NYSE:EPC)

LSV Asset Management grew its position in Edgewell Personal Care Co (NYSE:EPC - Free Report) by 6.8% during the fourth quarter, according to its most recent 13F filing 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 period. LSV Asset Management owned 2.40% of Edgewell Personal Care worth $39,183,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brandes Investment Partners LP lifted its position in Edgewell Personal Care by 21.1% during the fourth quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company's stock valued at $68,600,000 after acquiring an additional 355,224 shares during the last quarter. William Blair Investment Management LLC increased its position in shares of Edgewell Personal Care by 40.5% during the fourth quarter. William Blair Investment Management LLC now owns 878,390 shares of the company's stock worth $29,514,000 after purchasing an additional 253,014 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Edgewell Personal Care during the 4th quarter valued at $7,473,000. Norges Bank acquired a new stake in shares of Edgewell Personal Care in the 4th quarter worth $4,684,000. Finally, Barclays PLC grew its stake in Edgewell Personal Care by 563.6% during the 3rd quarter. Barclays PLC now owns 148,553 shares of the company's stock worth $5,400,000 after buying an additional 126,168 shares during the last quarter. Hedge funds and other institutional investors own 91.91% of the company's stock.

Wall Street Analyst Weigh In

EPC has been the subject of a number of research analyst reports. StockNews.com upgraded Edgewell Personal Care from a "sell" rating to a "hold" rating in a research note on Tuesday. Royal Bank of Canada lowered their target price on shares of Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating for the company in a research note on Tuesday, February 11th. Barclays cut their price target on shares of Edgewell Personal Care from $30.00 to $28.00 and set an "equal weight" rating on the stock in a research note on Friday. Wells Fargo & Company lowered their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating for the company in a research note on Tuesday, February 11th. Finally, Canaccord Genuity Group dropped their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating on the stock in a report on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Edgewell Personal Care currently has an average rating of "Hold" and an average target price of $36.29.

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Edgewell Personal Care Stock Up 1.4 %

EPC stock opened at $29.80 on Friday. Edgewell Personal Care Co has a 52 week low of $26.65 and a 52 week high of $41.50. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. The firm has a 50-day simple moving average of $30.32 and a 200-day simple moving average of $33.21. The stock has a market capitalization of $1.44 billion, a P/E ratio of 16.28 and a beta of 0.94.

Edgewell Personal Care (NYSE:EPC - Get Free Report) 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 return on equity of 9.29% and a net margin of 4.09%. Equities analysts forecast that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.60 annualized dividend and a yield of 2.01%. 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.

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