Energizer Holdings, Inc. (EPC) Position Lowered by Renaissance Technologies LLC

Renaissance Technologies LLC decreased its stake in Energizer Holdings, Inc. (NYSE:EPC) by 50.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 116,900 shares of the company’s stock after selling 116,700 shares during the period. Renaissance Technologies LLC owned approximately 0.20% of Energizer Holdings worth $8,550,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Trust Advisors LP acquired a new position in shares of Energizer Holdings during the first quarter valued at $17,483,000. American Century Companies Inc. acquired a new position in shares of Energizer Holdings during the first quarter valued at $17,012,000. Diamond Hill Capital Management Inc. increased its position in shares of Energizer Holdings by 34.5% in the first quarter. Diamond Hill Capital Management Inc. now owns 732,836 shares of the company’s stock valued at $53,600,000 after buying an additional 188,149 shares during the last quarter. Henderson Group PLC increased its position in shares of Energizer Holdings by 947.3% in the first quarter. Henderson Group PLC now owns 106,300 shares of the company’s stock valued at $7,775,000 after buying an additional 96,150 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Energizer Holdings by 29.6% in the first quarter. Wells Fargo & Company MN now owns 367,650 shares of the company’s stock valued at $26,889,000 after buying an additional 83,915 shares during the last quarter. 93.23% of the stock is owned by institutional investors and hedge funds.

Shares of Energizer Holdings, Inc. (NYSE:EPC) traded up 0.58% during mid-day trading on Friday, reaching $74.99. The company’s stock had a trading volume of 376,787 shares. The company’s 50-day moving average is $73.32 and its 200 day moving average is $74.17. The firm has a market capitalization of $4.27 billion, a P/E ratio of 21.11 and a beta of 0.95. Energizer Holdings, Inc. has a 1-year low of $69.63 and a 1-year high of $84.45.

Energizer Holdings (NYSE:EPC) last released its quarterly earnings results on Tuesday, August 8th. The company reported $1.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.31. Energizer Holdings had a return on equity of 12.71% and a net margin of 8.80%. The company had revenue of $637.50 million during the quarter, compared to analysts’ expectations of $648.13 million. During the same period in the previous year, the firm posted $0.66 earnings per share. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, analysts expect that Energizer Holdings, Inc. will post $3.98 earnings per share for the current year.

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Several research analysts have recently weighed in on EPC shares. Zacks Investment Research raised Energizer Holdings from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research note on Tuesday, July 4th. Jefferies Group LLC reiterated a “hold” rating and set a $77.00 price target (up from $76.00) on shares of Energizer Holdings in a research report on Thursday, July 6th. Societe Generale upgraded Energizer Holdings from a “hold” rating to a “buy” rating and boosted their price target for the stock from $83.00 to $90.00 in a research report on Thursday, June 22nd. Deutsche Bank AG reiterated a “hold” rating and set a $75.00 price target (down from $77.00) on shares of Energizer Holdings in a research report on Saturday, July 22nd. Finally, BidaskClub cut Energizer Holdings from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $85.22.

Energizer Holdings 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.

Institutional Ownership by Quarter for Energizer Holdings (NYSE:EPC)

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