Shelton Capital Management lessened its holdings in Energizer Holdings Inc (NYSE:ENR) by 22.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 4,614 shares of the company’s stock after selling 1,335 shares during the period. Shelton Capital Management’s holdings in Energizer were worth $212,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the business. Alps Advisors Inc. boosted its holdings in shares of Energizer by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock valued at $416,000 after purchasing an additional 22 shares during the last quarter. Advisor Group Inc. boosted its holdings in shares of Energizer by 1.3% during the 2nd quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock valued at $183,000 after purchasing an additional 50 shares during the last quarter. Synovus Financial Corp lifted its holdings in shares of Energizer by 1.7% in the 2nd quarter. Synovus Financial Corp now owns 4,978 shares of the company’s stock valued at $243,000 after acquiring an additional 85 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of Energizer by 3.0% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock valued at $238,000 after acquiring an additional 144 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Energizer by 7.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock valued at $116,000 after acquiring an additional 169 shares during the last quarter. Institutional investors and hedge funds own 97.23% of the company’s stock.
Shares of Energizer Holdings Inc (ENR) opened at $47.95 on Monday. The company has a debt-to-equity ratio of 11.50, a current ratio of 1.75 and a quick ratio of 1.21. The stock has a market cap of $2,871.39, a PE ratio of 16.09, a price-to-earnings-growth ratio of 1.59 and a beta of 0.59. Energizer Holdings Inc has a 12 month low of $40.64 and a 12 month high of $60.07.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th were paid a $0.29 dividend. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $1.16 annualized dividend and a yield of 2.42%. This is an increase from Energizer’s previous quarterly dividend of $0.28. Energizer’s dividend payout ratio (DPR) is presently 36.02%.
A number of brokerages recently commented on ENR. KeyCorp set a $55.00 price target on shares of Energizer and gave the company a “buy” rating in a report on Saturday, November 25th. Jefferies Group reaffirmed a “hold” rating and issued a $47.00 price target on shares of Energizer in a report on Wednesday, November 8th. Zacks Investment Research downgraded shares of Energizer from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Morgan Stanley lowered their price target on shares of Energizer from $53.00 to $50.00 and set an “equal weight” rating for the company in a report on Thursday, November 9th. Finally, Citigroup reaffirmed a “buy” rating and issued a $54.00 price target on shares of Energizer in a report on Wednesday, August 23rd. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $51.88.
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Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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