Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP trimmed its position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 55.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,257 shares of the company's stock after selling 17,425 shares during the quarter. Quantbot Technologies LP's holdings in Energizer were worth $497,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. GAMMA Investing LLC raised its holdings in Energizer by 86.4% in the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company's stock worth $27,000 after buying an additional 356 shares during the last quarter. Neo Ivy Capital Management purchased a new stake in Energizer during the third quarter valued at $30,000. Quarry LP purchased a new position in Energizer in the third quarter worth about $39,000. Smartleaf Asset Management LLC grew its position in Energizer by 94.0% during 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 raised its position in Energizer by 750.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company's stock worth $59,000 after acquiring an additional 1,500 shares during the period. 93.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on ENR. JPMorgan Chase & Co. cut their price objective on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. StockNews.com downgraded shares of Energizer from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Barclays lowered their target price on Energizer from $36.00 to $32.00 and set an "equal weight" rating for the company in a report on Thursday, March 27th. UBS Group reduced their price target on Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Finally, Royal Bank of Canada reissued a "sector perform" rating and issued a $38.00 price objective 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 MarketBeat, the company has an average rating of "Hold" and a consensus price target of $37.88.

Energizer Stock Down 0.3 %

Shares of ENR traded down $0.09 during mid-day trading on Tuesday, hitting $29.83. 617,383 shares of the company's stock were exchanged, compared to its average volume of 591,785. 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 Holdings, Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $39.52. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 37.75 and a beta of 1.09. The stock's 50-day moving average is $31.24 and its 200-day moving average is $33.12.

Energizer (NYSE:ENR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.03. The company had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.23 million. Energizer had a return on equity of 168.16% and a net margin of 2.02%. Energizer's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.59 EPS. On average, sell-side analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal 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 given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.02%. The ex-dividend date was Thursday, February 20th. Energizer's payout ratio is 151.90%.

About Energizer

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.