Arizona State Retirement System boosted its position in shares of Energizer Holdings Inc (NYSE:ENR) by 24.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,713 shares of the company’s stock after buying an additional 8,714 shares during the period. Arizona State Retirement System owned 0.07% of Energizer worth $2,097,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Zions Bancorporation purchased a new position in Energizer in the third quarter worth approximately $120,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Energizer by 51.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,643 shares of the company’s stock worth $175,000 after purchasing an additional 1,231 shares in the last quarter. Advisor Group Inc. raised its stake in shares of Energizer by 57.7% in the third quarter. Advisor Group Inc. now owns 5,998 shares of the company’s stock valued at $277,000 after acquiring an additional 2,194 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Energizer in the third quarter valued at $283,000. Finally, Icon Advisers Inc. Co. acquired a new stake in shares of Energizer in the third quarter valued at $290,000. Institutional investors own 97.24% of the company’s stock.
In other news, VP Emily K. Boss sold 7,500 shares of the company’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $56.00, for a total value of $420,000.00. Following the sale, the vice president now owns 9,708 shares in the company, valued at approximately $543,648. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.79% of the company’s stock.
Shares of NYSE:ENR traded down $3.15 during midday trading on Monday, hitting $56.43. 1,275,165 shares of the company’s stock traded hands, compared to its average volume of 932,883. The company has a current ratio of 1.90, a quick ratio of 1.39 and a debt-to-equity ratio of 29.02. The firm has a market capitalization of $3,556.08, a price-to-earnings ratio of 18.94, a PEG ratio of 1.48 and a beta of 0.81. Energizer Holdings Inc has a twelve month low of $40.64 and a twelve month high of $64.00.
Energizer (NYSE:ENR) last posted its earnings results on Wednesday, January 31st. The company reported $1.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.43 by $0.12. The business had revenue of $573.30 million for the quarter, compared to analyst estimates of $566.50 million. Energizer had a net margin of 9.40% and a return on equity of 274.69%. The business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.51 EPS. analysts predict that Energizer Holdings Inc will post 3.39 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 13th. Stockholders of record on Tuesday, February 20th were paid a $0.29 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.06%. Energizer’s dividend payout ratio (DPR) is presently 38.93%.
Several equities analysts recently commented on ENR shares. Zacks Investment Research raised Energizer from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a report on Wednesday, January 10th. Royal Bank of Canada reissued a “buy” rating and set a $65.00 price target on shares of Energizer in a report on Thursday, February 1st. Morgan Stanley raised their price objective on shares of Energizer from $60.00 to $63.00 and gave the company an “equal weight” rating in a research report on Thursday, February 1st. Jefferies Group restated a “hold” rating and issued a $62.00 price objective on shares of Energizer in a research report on Thursday. Finally, KeyCorp reiterated a “buy” rating and set a $64.00 price target (up from $55.00) on shares of Energizer in a research report on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $60.89.
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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