28,197 Shares in Energizer Holdings Inc. (ENR) Acquired by Mason Street Advisors LLC
Mason Street Advisors LLC purchased a new stake in Energizer Holdings Inc. (NYSE:ENR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 28,197 shares of the company’s stock, valued at approximately $1,452,000.
Other hedge funds also recently added to or reduced their stakes in the company. Creative Planning increased its stake in Energizer Holdings by 13.5% in the second quarter. Creative Planning now owns 1,938 shares of the company’s stock valued at $100,000 after buying an additional 230 shares during the period. Invictus RG bought a new stake in Energizer Holdings during the second quarter valued at about $107,000. Zurich Insurance Group Ltd FI increased its stake in Energizer Holdings by 2.3% in the second quarter. Zurich Insurance Group Ltd FI now owns 3,143 shares of the company’s stock valued at $162,000 after buying an additional 70 shares during the period. Tower Research Capital LLC TRC increased its stake in Energizer Holdings by 706.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,482 shares of the company’s stock valued at $179,000 after buying an additional 3,050 shares during the period. Finally, LS Investment Advisors LLC increased 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 valued at $193,000 after buying an additional 1,600 shares during the period. Institutional investors own 90.72% of the company’s stock.
Energizer Holdings Inc. (NYSE:ENR) opened at 45.14 on Tuesday. The firm has a 50-day moving average price of $48.95 and a 200 day moving average price of $46.47. Energizer Holdings Inc. has a 12-month low of $28.85 and a 12-month high of $53.41. The firm has a market cap of $2.79 billion, a PE ratio of 21.69 and a beta of 0.52.
Energizer Holdings (NYSE:ENR) last released its quarterly earnings results on Wednesday, August 3rd. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.02. Energizer Holdings had a negative return on equity of 565.91% and a net margin of 8.07%. The firm had revenue of $361 million for the quarter, compared to the consensus estimate of $356.69 million. During the same quarter last year, the business posted $0.64 EPS. The company’s revenue for the quarter was down 3.6% on a year-over-year basis. Equities research analysts forecast that Energizer Holdings Inc. will post $2.27 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 9th. Shareholders of record on Friday, August 19th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.22%. The ex-dividend date was Wednesday, August 17th. Energizer Holdings’s dividend payout ratio is 48.31%.
Several analysts have recently issued reports on ENR shares. SunTrust Banks Inc. upped their price target on Energizer Holdings from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. Citigroup Inc. upped their price target on Energizer Holdings from $54.00 to $56.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. Zacks Investment Research upgraded Energizer Holdings from a “hold” rating to a “buy” rating and set a $57.00 price target for the company in a research note on Tuesday, June 28th. Jefferies Group restated a “hold” rating on shares of Energizer Holdings in a research note on Wednesday, August 10th. Finally, Goldman Sachs Group Inc. downgraded Energizer Holdings from a “buy” rating to a “neutral” rating and increased their target price for the company from $50.00 to $52.00 in a research note on Tuesday, July 12th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $52.17.
In other Energizer Holdings news, VP Emily K. Boss sold 1,865 shares of Energizer Holdings stock in a transaction dated Wednesday, September 7th. The stock was sold at an average price of $49.56, for a total value of $92,429.40. Following the sale, the vice president now owns 1,860 shares of the company’s stock, valued at approximately $92,181.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.37% of the stock is owned by company insiders.
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.
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