Hillsdale Investment Management Inc. Purchases Shares of 108,390 Energizer Holdings, Inc. (NYSE:ENR)

Hillsdale Investment Management Inc. acquired a new position in Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 108,390 shares of the company's stock, valued at approximately $3,782,000. Hillsdale Investment Management Inc. owned approximately 0.15% of Energizer as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in ENR. GAMMA Investing LLC lifted its position in shares of Energizer by 86.4% during the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company's stock valued at $27,000 after acquiring an additional 356 shares during the period. Neo Ivy Capital Management acquired a new stake in Energizer during the third quarter worth about $30,000. Quarry LP acquired a new stake in Energizer during the third quarter worth about $39,000. Prospera Private Wealth LLC acquired a new position in shares of Energizer in the 3rd quarter valued at approximately $42,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Energizer by 94.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock worth $54,000 after acquiring an additional 753 shares during the period. 93.74% of the stock is currently owned by institutional investors.

Energizer Trading Up 0.8 %

NYSE ENR traded up $0.22 on Thursday, hitting $29.78. The company's stock had a trading volume of 403,320 shares, compared to its average volume of 565,327. The firm has a market cap of $2.15 billion, a PE ratio of 37.70 and a beta of 1.09. The company's 50-day moving average is $31.57 and its 200 day moving average is $33.04. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $39.52.

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Energizer (NYSE:ENR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.03. The business had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.23 million. Energizer had a return on equity of 168.16% and a net margin of 2.02%. Energizer's quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 earnings per share. As a group, 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 disclosed a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date was Thursday, February 20th. Energizer's dividend payout ratio is currently 151.90%.

Analyst Ratings Changes

Several research firms have weighed in on ENR. StockNews.com cut Energizer from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. UBS Group lowered their target price on Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. JPMorgan Chase & Co. reduced their price target on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Barclays dropped their price objective on shares of Energizer from $36.00 to $32.00 and set an "equal weight" rating for the company in a research note on Thursday. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and set a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Energizer currently has a consensus rating of "Hold" and a consensus price target of $37.88.

About Energizer

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.