Landscape Capital Management L.L.C. Acquires New Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Landscape Capital Management L.L.C. purchased a new position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 20,923 shares of the company's stock, valued at approximately $730,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Inspire Investing LLC lifted its stake in Energizer by 166.3% during the fourth quarter. Inspire Investing LLC now owns 34,692 shares of the company's stock worth $1,210,000 after purchasing an additional 21,667 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Energizer during the 3rd quarter worth approximately $584,000. Vista Investment Partners LLC acquired a new position in shares of Energizer in the 4th quarter valued at $553,000. Smartleaf Asset Management LLC boosted its holdings in shares of Energizer by 94.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock valued at $54,000 after buying an additional 753 shares in the last quarter. Finally, KBC Group NV grew its position in shares of Energizer by 5,308.0% in the 4th quarter. KBC Group NV now owns 89,664 shares of the company's stock valued at $3,128,000 after buying an additional 88,006 shares during the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

Energizer Stock Performance

Shares of ENR stock traded up $0.11 during mid-day trading on Friday, hitting $26.60. The stock had a trading volume of 673,393 shares, compared to its average volume of 601,873. The firm has a market cap of $1.92 billion, a PE ratio of 33.66 and a beta of 0.92. Energizer Holdings, Inc. has a fifty-two week low of $25.42 and a fifty-two week high of $39.52. The company's 50-day simple moving average is $29.93 and its 200-day simple moving average is $32.94. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94.

Energizer (NYSE:ENR - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.03. The company had revenue of $731.70 million for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.59 EPS. Sell-side analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date was Thursday, February 20th. Energizer's dividend payout ratio (DPR) is currently 151.90%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. UBS Group decreased their price objective on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. StockNews.com cut Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Royal Bank of Canada restated a "sector perform" rating and set a $38.00 price target on shares of Energizer in a research note on Thursday, January 30th. Barclays reduced their price objective on Energizer from $32.00 to $27.00 and set an "equal weight" rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. lowered their target price on shares of Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a research report on Friday. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $36.25.

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.