GSA Capital Partners LLP decreased its stake in shares of Energizer Holdings Inc. (NYSE:ENR) by 59.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,185 shares of the company’s stock after selling 10,334 shares during the period. GSA Capital Partners LLP’s holdings in Energizer Holdings were worth $370,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of ENR. Picton Mahoney Asset Management raised its position in shares of Energizer Holdings by 2,326.3% in the first quarter. Picton Mahoney Asset Management now owns 46,100 shares of the company’s stock valued at $1,868,000 after buying an additional 44,200 shares in the last quarter. M&T Bank Corp raised its position in shares of Energizer Holdings by 17.8% in the first quarter. M&T Bank Corp now owns 30,743 shares of the company’s stock valued at $1,244,000 after buying an additional 4,642 shares in the last quarter. Menta Capital LLC raised its position in shares of Energizer Holdings by 42.3% in the first quarter. Menta Capital LLC now owns 48,037 shares of the company’s stock valued at $1,946,000 after buying an additional 14,287 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Energizer Holdings by 9.4% in the first quarter. JPMorgan Chase & Co. now owns 5,600,298 shares of the company’s stock valued at $226,868,000 after buying an additional 482,457 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its position in shares of Energizer Holdings by 4.5% in the first quarter. Massmutual Trust Co. FSB ADV now owns 7,610 shares of the company’s stock valued at $308,000 after buying an additional 331 shares in the last quarter. Hedge funds and other institutional investors own 90.18% of the company’s stock.
Shares of Energizer Holdings Inc. (NYSE:ENR) traded up 0.86% on Friday, hitting $47.18. The stock had a trading volume of 520,670 shares. The company has a 50 day moving average of $48.52 and a 200-day moving average of $46.49. The firm has a market capitalization of $2.92 billion, a P/E ratio of 22.67 and a beta of 0.52. Energizer Holdings Inc. has a 12-month low of $28.85 and a 12-month high of $53.41.
Energizer Holdings (NYSE:ENR) last issued its earnings results on Wednesday, August 3rd. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.02. Energizer Holdings had a net margin of 8.07% and a negative return on equity of 565.91%. The business earned $361 million during the quarter, compared to the consensus estimate of $356.69 million. During the same period last year, the business posted $0.64 EPS. Energizer Holdings’s revenue was down 3.6% on a year-over-year basis. Equities analysts predict that Energizer Holdings Inc. will post $2.27 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Friday, August 19th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, August 17th. This represents a $1.00 annualized dividend and a yield of 2.14%. Energizer Holdings’s dividend payout ratio (DPR) is currently 48.31%.
ENR has been the topic of a number of recent research reports. Jefferies Group decreased their price objective on Energizer Holdings from $50.00 to $48.00 and set a “hold” rating on the stock in a report on Thursday, July 7th. Goldman Sachs Group Inc. downgraded Energizer Holdings from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $50.00 to $52.00 in a report on Tuesday, July 12th. They noted that the move was a valuation call. Zacks Investment Research raised Energizer Holdings from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a report on Tuesday, June 28th. TheStreet initiated coverage on Energizer Holdings in a report on Thursday, July 14th. They set a “sell” rating on the stock. Finally, SunTrust Banks Inc. lifted their price objective on Energizer Holdings from $50.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, August 4th. One equities research 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. The stock presently has a consensus rating of “Hold” and a consensus price target of $52.17.
In related news, VP Emily K. Boss sold 1,865 shares of the firm’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $49.56, for a total value of $92,429.40. Following the completion of the sale, the vice president now directly owns 1,860 shares in the company, valued at approximately $92,181.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.37% of the stock is currently owned by corporate insiders.
Energizer Holdings Company Profile
Energizer Holdings, Inc, formerly Energizer SpinCo, Inc, manufactures and markets batteries and portable lighting products. The Company is focused on household products business. The Company’s brands include Energizer and Eveready. In addition to the Energizer and Eveready brands, the Company also markets its flashlights under the Hard Case, Dolphin, and Weather Ready sub-brands.
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