Hancock Holding Co. lifted its holdings in Energizer Holdings Inc (NYSE:ENR) by 373.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,806 shares of the company’s stock after acquiring an additional 27,451 shares during the quarter. Hancock Holding Co.’s holdings in Energizer were worth $2,074,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Ford Financial Group Inc. acquired a new position in shares of Energizer in the 4th quarter worth approximately $114,000. Paloma Partners Management Co boosted its holdings in shares of Energizer by 154.0% in the 4th quarter. Paloma Partners Management Co now owns 5,057 shares of the company’s stock worth $242,000 after acquiring an additional 14,414 shares in the last quarter. Virtus Fund Advisers LLC boosted its holdings in shares of Energizer by 23.1% in the 4th quarter. Virtus Fund Advisers LLC now owns 3,769,760 shares of the company’s stock worth $180,873,000 after acquiring an additional 707,896 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of Energizer by 311.0% in the 4th quarter. Teacher Retirement System of Texas now owns 21,021 shares of the company’s stock worth $1,009,000 after acquiring an additional 15,906 shares in the last quarter. Finally, Stone Ridge Asset Management LLC acquired a new position in shares of Energizer in the 4th quarter worth approximately $736,000. 99.30% of the stock is currently owned by institutional investors and hedge funds.
Several research analysts have recently commented on ENR shares. Bank of America boosted their target price on Energizer from $64.00 to $67.00 and gave the stock a “buy” rating in a report on Thursday, April 12th. Jefferies Financial Group reissued a “hold” rating and issued a $62.00 target price on shares of Energizer in a report on Thursday, March 29th. Zacks Investment Research downgraded Energizer from a “buy” rating to a “hold” rating in a report on Friday, April 6th. Deutsche Bank downgraded Energizer from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Finally, ValuEngine raised Energizer from a “hold” rating to a “buy” rating in a report on Thursday, May 31st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. Energizer presently has an average rating of “Hold” and a consensus target price of $62.30.
Energizer opened at $60.14 on Thursday, Marketbeat Ratings reports. The company has a debt-to-equity ratio of 21.86, a current ratio of 1.90 and a quick ratio of 1.37. Energizer Holdings Inc has a fifty-two week low of $40.64 and a fifty-two week high of $64.00. The company has a market capitalization of $3.60 billion, a P/E ratio of 20.18, a P/E/G ratio of 2.05 and a beta of 0.85.
Energizer (NYSE:ENR) last posted its quarterly earnings data on Wednesday, May 2nd. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.03. Energizer had a net margin of 7.13% and a return on equity of 292.85%. The firm had revenue of $374.40 million during the quarter, compared to analysts’ expectations of $374.32 million. During the same quarter in the previous year, the company posted $0.50 EPS. Energizer’s revenue was up 4.3% on a year-over-year basis. sell-side analysts forecast that Energizer Holdings Inc will post 3.37 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 13th. Investors of record on Monday, May 21st were given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend was Friday, May 18th. Energizer’s dividend payout ratio (DPR) is presently 38.93%.
Energizer Company Profile
Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid products.
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