Victory Capital Management Inc. raised its stake in Energizer Holdings Inc (NYSE:ENR) by 6.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 17,574 shares of the company’s stock after purchasing an additional 1,067 shares during the period. Victory Capital Management Inc.’s holdings in Energizer were worth $843,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Zions Bancorporation acquired a new position in Energizer in the third quarter valued at approximately $120,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Energizer by 51.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,643 shares of the company’s stock valued at $175,000 after acquiring an additional 1,231 shares during the period. Advisor Group Inc. lifted its holdings in 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 during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Energizer in the third quarter valued at approximately $283,000. Finally, Icon Advisers Inc. Co. acquired a new position in Energizer in the third quarter valued at approximately $290,000. 97.23% of the stock is owned by institutional investors.
Shares of Energizer Holdings Inc (NYSE:ENR) opened at $55.37 on Tuesday. The company has a market capitalization of $3,282.12, a P/E ratio of 20.66, a PEG ratio of 1.36 and a beta of 0.89. Energizer Holdings Inc has a 12-month low of $40.64 and a 12-month high of $62.86. The company has a debt-to-equity ratio of 29.02, a current ratio of 1.90 and a quick ratio of 1.39.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Tuesday, February 20th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Friday, February 16th. Energizer’s payout ratio is 43.28%.
In related news, VP Emily K. Boss sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $56.00, for a total transaction of $420,000.00. Following the completion of the sale, the vice president now directly owns 9,708 shares in the company, valued at $543,648. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.79% of the stock is currently owned by insiders.
ENR has been the subject of a number of recent analyst reports. Zacks Investment Research cut Energizer from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Royal Bank of Canada restated a “buy” rating and issued a $65.00 price objective on shares of Energizer in a research report on Thursday, February 1st. Morgan Stanley boosted their price objective on Energizer from $60.00 to $63.00 and gave the company an “equal weight” rating in a research report on Thursday, February 1st. Off Wall Street initiated coverage on Energizer in a research report on Monday, October 30th. They issued a “sell” rating for the company. Finally, KeyCorp restated a “buy” rating and issued a $64.00 price objective (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, four have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $59.22.
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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