Fox Run Management L.L.C. Reduces Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Fox Run Management L.L.C. lowered its position in Energizer Holdings, Inc. (NYSE:ENR) by 7.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,482 shares of the company’s stock after selling 1,269 shares during the quarter. Fox Run Management L.L.C.’s holdings in Energizer were worth $540,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC raised its position in Energizer by 86.4% in the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock worth $27,000 after purchasing an additional 356 shares during the period. Sanctuary Advisors LLC lifted its stake in shares of Energizer by 4.2% during the 4th quarter. Sanctuary Advisors LLC now owns 9,800 shares of the company’s stock worth $335,000 after acquiring an additional 392 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its holdings in Energizer by 5.0% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 10,226 shares of the company’s stock valued at $357,000 after acquiring an additional 485 shares during the period. SkyView Investment Advisors LLC grew its position in Energizer by 2.9% in the 3rd quarter. SkyView Investment Advisors LLC now owns 18,353 shares of the company’s stock valued at $583,000 after acquiring an additional 513 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Energizer by 94.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company’s stock worth $54,000 after purchasing an additional 753 shares during the period. Institutional investors own 93.74% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on ENR. UBS Group cut their price target on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Royal Bank of Canada restated a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th. JPMorgan Chase & Co. lowered their price target on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Finally, StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $38.38.

Energizer Trading Down 1.7 %

Shares of NYSE:ENR opened at $29.30 on Wednesday. The company has a market capitalization of $2.12 billion, a PE ratio of 37.09 and a beta of 1.09. The company has a current ratio of 1.80, a quick ratio of 0.94 and a debt-to-equity ratio of 22.17. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $39.52. The business’s fifty day simple moving average is $31.79 and its 200-day simple moving average is $33.09.

Energizer (NYSE:ENR) last posted its earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.03. The company had revenue of $731.70 million for the quarter, compared to analyst estimates of $726.23 million. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.59 earnings per share. As a group, equities research analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th were paid a $0.30 dividend. The ex-dividend date was Thursday, February 20th. This represents a $1.20 annualized dividend and a yield of 4.10%. Energizer’s dividend payout ratio (DPR) is 151.90%.

Energizer 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, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.