Dynamic Technology Lab Private Ltd Purchases New Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Dynamic Technology Lab Private Ltd acquired 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 (SEC). The fund acquired 9,291 shares of the company's stock, valued at approximately $324,000.

Several other institutional investors also recently modified their holdings of the stock. GAMMA Investing LLC raised its holdings in shares of Energizer by 86.4% during the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company's stock worth $27,000 after acquiring an additional 356 shares during the period. Neo Ivy Capital Management bought a new position in shares of Energizer in the third quarter valued at $30,000. Quarry LP acquired a new position in shares of Energizer during the 3rd quarter worth about $39,000. Smartleaf Asset Management LLC raised 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 valued at $54,000 after buying an additional 753 shares during the period. Finally, Central Pacific Bank Trust Division lifted its holdings in Energizer by 750.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company's stock valued at $59,000 after purchasing an additional 1,500 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Energizer Stock Down 0.4 %

Shares of NYSE:ENR traded down $0.12 during trading on Tuesday, reaching $26.58. 75,350 shares of the stock were exchanged, compared to its average volume of 600,282. The stock has a fifty day moving average of $29.82 and a two-hundred day moving average of $32.92. Energizer Holdings, Inc. has a 1-year low of $25.42 and a 1-year high of $39.52. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 33.65 and a beta of 0.92.

Energizer (NYSE:ENR - Get Free Report) last released 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. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The firm had revenue of $731.70 million for the quarter, compared to analyst estimates of $726.23 million. During the same period last year, the firm earned $0.59 earnings per share. The business's quarterly revenue was up 2.1% compared to the same quarter last year. Research analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 20th were given 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 payout ratio is currently 151.90%.

Wall Street Analyst Weigh In

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

Energizer Company 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.