Erste Asset Management GmbH Has $8.23 Million Holdings in EnerSys (NYSE:ENS)

Erste Asset Management GmbH cut its stake in EnerSys (NYSE:ENS - Free Report) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,905 shares of the industrial products company's stock after selling 5,000 shares during the period. Erste Asset Management GmbH owned 0.22% of EnerSys worth $8,225,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Global Alpha Capital Management Ltd. increased its position in EnerSys by 32.8% in the third quarter. Global Alpha Capital Management Ltd. now owns 27,361 shares of the industrial products company's stock worth $2,792,000 after buying an additional 6,764 shares during the period. Foundry Partners LLC acquired a new stake in EnerSys in the third quarter worth $4,740,000. Citigroup Inc. increased its position in EnerSys by 99.2% in the third quarter. Citigroup Inc. now owns 48,429 shares of the industrial products company's stock worth $4,942,000 after buying an additional 24,123 shares during the period. Janney Montgomery Scott LLC increased its position in EnerSys by 60.8% in the third quarter. Janney Montgomery Scott LLC now owns 15,626 shares of the industrial products company's stock worth $1,595,000 after buying an additional 5,909 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in EnerSys by 1.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 594,387 shares of the industrial products company's stock worth $60,657,000 after buying an additional 9,337 shares during the period. 94.93% of the stock is owned by institutional investors and hedge funds.

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EnerSys Price Performance

ENS stock traded up $0.49 during trading hours on Tuesday, hitting $97.53. 288,462 shares of the stock traded hands, compared to its average volume of 255,200. The stock has a 50-day simple moving average of $98.03 and a 200 day simple moving average of $97.78. EnerSys has a one year low of $88.50 and a one year high of $112.53. The company has a market cap of $3.85 billion, a P/E ratio of 12.07, a P/E/G ratio of 0.57 and a beta of 1.18. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69.

EnerSys (NYSE:ENS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, topping analysts' consensus estimates of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. Equities analysts forecast that EnerSys will post 9.99 earnings per share for the current year.

EnerSys Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 0.98%. The ex-dividend date is Friday, March 14th. EnerSys's dividend payout ratio is currently 11.88%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ENS shares. Oppenheimer raised EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price target on the stock in a report on Friday, January 17th. StockNews.com raised EnerSys from a "buy" rating to a "strong-buy" rating in a report on Friday, December 6th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, EnerSys presently has a consensus rating of "Buy" and a consensus target price of $117.50.

EnerSys Profile

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.