Proficio Capital Partners LLC Acquires New Shares in Energizer Holdings, Inc. (NYSE:ENR)

Proficio Capital Partners LLC acquired a new position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,793 shares of the company's stock, valued at approximately $411,000.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. StockNews.com downgraded Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. UBS Group dropped their target price on Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. JPMorgan Chase & Co. reduced their price objective on Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Barclays reduced their price target on Energizer from $36.00 to $32.00 and set an "equal weight" rating on the stock in a report on Thursday. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $38.00 price objective on shares of Energizer in a 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's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $37.88.

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Energizer Trading Down 0.3 %

Shares of NYSE:ENR traded down $0.10 during trading hours on Friday, hitting $29.68. 410,398 shares of the company's stock traded hands, compared to its average volume of 590,615. Energizer Holdings, Inc. has a 1 year low of $26.92 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 capitalization of $2.14 billion, a P/E ratio of 37.57 and a beta of 1.09. The business has a fifty day moving average price of $31.46 and a 200-day moving average price of $33.05.

Energizer (NYSE:ENR - Get Free Report) last issued 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. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The company had revenue of $731.70 million for the quarter, compared to analysts' expectations of $726.23 million. During the same period in the prior year, the business earned $0.59 EPS. The firm's quarterly revenue was up 2.1% on a year-over-year basis. Equities analysts expect that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 4.04%. Energizer's dividend payout ratio (DPR) is presently 151.90%.

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.