Louisiana State Employees Retirement System lowered its position in shares of Energizer Holdings Inc. (NYSE:ENR) by 4.1% during the second quarter, Holdings Channel reports. The institutional investor owned 16,400 shares of the company’s stock after selling 700 shares during the period. Louisiana State Employees Retirement System’s holdings in Energizer Holdings were worth $844,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Planning boosted its position in Energizer Holdings by 13.5% in the second quarter. Creative Planning now owns 1,938 shares of the company’s stock worth $100,000 after buying an additional 230 shares during the last quarter. LS Investment Advisors LLC boosted its stake in Energizer Holdings by 74.8% in the second quarter. LS Investment Advisors LLC now owns 3,740 shares of the company’s stock worth $193,000 after buying an additional 1,600 shares in the last quarter. Springbok Capital Management LLC boosted its stake in Energizer Holdings by 960.0% in the first quarter. Springbok Capital Management LLC now owns 5,300 shares of the company’s stock worth $215,000 after buying an additional 4,800 shares in the last quarter. Capstone Asset Management Co. boosted its stake in Energizer Holdings by 9.0% in the second quarter. Capstone Asset Management Co. now owns 6,193 shares of the company’s stock worth $319,000 after buying an additional 511 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new stake in Energizer Holdings during the first quarter worth approximately $266,000. Institutional investors own 90.18% of the company’s stock.
Shares of Energizer Holdings Inc. (NYSE:ENR) traded up 1.04% during mid-day trading on Thursday, reaching $49.71. 717,829 shares of the company traded hands. Energizer Holdings Inc. has a 52 week low of $28.85 and a 52 week high of $53.41. The stock’s 50-day moving average is $48.03 and its 200-day moving average is $47.06. The company has a market capitalization of $3.08 billion, a P/E ratio of 23.89 and a beta of 0.52.
Energizer Holdings (NYSE:ENR) last released its earnings results on Wednesday, August 3rd. The company reported $0.32 earnings per share for the quarter, beating the 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 firm earned $361 million during the quarter, compared to analyst estimates of $356.69 million. During the same quarter in the previous year, the firm earned $0.64 earnings per share. The firm’s revenue for the quarter was down 3.6% compared to the same quarter last year. On average, equities analysts predict that Energizer Holdings Inc. will post $2.27 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 9th. Stockholders of record on Friday, August 19th were given a dividend of $0.25 per share. The ex-dividend date was Wednesday, August 17th. This represents a $1.00 annualized dividend and a dividend yield of 2.01%. Energizer Holdings’s dividend payout ratio is currently 48.31%.
ENR has been the subject of a number of research reports. Citigroup Inc. initiated coverage on shares of Energizer Holdings in a research note on Friday, June 10th. They set an “underweight” rating and a $54.00 target price for the company. Zacks Investment Research cut shares of Energizer Holdings from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 15th. Jefferies Group cut their target price on shares of Energizer Holdings from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, July 7th. Goldman Sachs Group Inc. cut shares of Energizer Holdings from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $50.00 to $52.00 in a research note on Tuesday, July 12th. They noted that the move was a valuation call. Finally, TheStreet initiated coverage on shares of Energizer Holdings in a research note on Thursday, July 14th. They set a “sell” rating for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $52.17.
In other news, VP Emily K. Boss sold 1,865 shares of the company’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $49.56, for a total transaction of $92,429.40. Following the completion of the transaction, the vice president now owns 1,860 shares in the company, valued at $92,181.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.37% of the company’s stock.
About Energizer Holdings
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.
Want to see what other hedge funds are holding ENR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energizer Holdings Inc. (NYSE:ENR).
Receive News & Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.