Bridgeway Capital Management LLC Buys 128,389 Shares of Edgewell Personal Care Co (NYSE:EPC)

Bridgeway Capital Management LLC lifted its stake in shares of Edgewell Personal Care Co (NYSE:EPC) by 58.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 349,614 shares of the company’s stock after acquiring an additional 128,389 shares during the quarter. Bridgeway Capital Management LLC owned approximately 0.72% of Edgewell Personal Care worth $11,747,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Quadrant Capital Group LLC increased its position in shares of Edgewell Personal Care by 85.9% during the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company’s stock worth $25,000 after buying an additional 347 shares during the period. Exchange Traded Concepts LLC grew its holdings in Edgewell Personal Care by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company’s stock worth $660,000 after purchasing an additional 495 shares during the period. Blue Trust Inc. increased its stake in Edgewell Personal Care by 18.7% in the fourth quarter. Blue Trust Inc. now owns 3,200 shares of the company’s stock valued at $116,000 after purchasing an additional 503 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of Edgewell Personal Care by 2.6% during the fourth quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company’s stock valued at $695,000 after purchasing an additional 529 shares during the period. Finally, Bank of Montreal Can boosted its position in shares of Edgewell Personal Care by 6.2% during the 4th quarter. Bank of Montreal Can now owns 10,890 shares of the company’s stock worth $366,000 after purchasing an additional 636 shares in the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. UBS Group increased their price target on Edgewell Personal Care from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Thursday, April 17th. Royal Bank of Canada decreased their price target 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. Wells Fargo & Company dropped their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 11th. Barclays reduced their price objective 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. Finally, Morgan Stanley lowered 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 report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $35.71.

Edgewell Personal Care Price Performance

Edgewell Personal Care stock opened at $30.06 on Wednesday. The stock has a market cap of $1.45 billion, a P/E ratio of 16.43 and a beta of 0.91. 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 company’s 50 day moving average price is $30.27 and its two-hundred day moving average price is $32.63. Edgewell Personal Care Co has a 52 week low of $26.65 and a 52 week high of $41.50.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data 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%. On average, equities analysts predict that Edgewell Personal Care Co will post 3.16 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend was Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio is 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.