Plancorp LLC Sells 13,572 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Plancorp LLC decreased its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 27.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,538 shares of the company's stock after selling 13,572 shares during the period. Plancorp LLC's holdings in Energizer were worth $1,240,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in ENR. Teacher Retirement System of Texas boosted its holdings in Energizer by 12.9% during the 4th quarter. Teacher Retirement System of Texas now owns 60,725 shares of the company's stock valued at $2,119,000 after acquiring an additional 6,915 shares during the period. Harvest Fund Management Co. Ltd purchased a new stake in shares of Energizer during the fourth quarter valued at approximately $112,000. Chesapeake Capital Corp IL grew its holdings in shares of Energizer by 52.1% in the fourth quarter. Chesapeake Capital Corp IL now owns 20,776 shares of the company's stock worth $725,000 after purchasing an additional 7,117 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of Energizer by 45.8% in the fourth quarter. Intech Investment Management LLC now owns 27,320 shares of the company's stock worth $953,000 after buying an additional 8,581 shares during the period. Finally, Cibc World Markets Corp purchased a new position in shares of Energizer in the fourth quarter worth $235,000. Institutional investors own 93.74% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. 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. UBS Group cut their target price on Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. StockNews.com lowered Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $38.00 price objective on shares of Energizer in a report on Thursday, January 30th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $38.38.

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Energizer Stock Up 0.9 %

Shares of Energizer stock traded up $0.26 during trading on Wednesday, hitting $29.54. The company's stock had a trading volume of 433,221 shares, compared to its average volume of 566,048. Energizer Holdings, Inc. has a 52 week low of $26.92 and a 52 week high of $39.52. The company has a market capitalization of $2.13 billion, a PE ratio of 37.39 and a beta of 1.09. The company has a fifty day simple moving average of $31.68 and a two-hundred day simple moving average of $33.07. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80.

Energizer (NYSE:ENR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.03. The firm 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 business's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.59 EPS. Equities research analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 20th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date was Thursday, February 20th. Energizer's payout ratio is 151.90%.

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.