Plancorp LLC Has $1.24 Million Stock Position in Energizer Holdings, Inc. (NYSE:ENR)

Plancorp LLC lowered its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 27.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in Energizer by 86.4% during the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock worth $27,000 after purchasing an additional 356 shares during the period. Neo Ivy Capital Management acquired a new stake in Energizer during the third quarter worth approximately $30,000. Quarry LP acquired a new stake in Energizer during the third quarter worth approximately $39,000. Prospera Private Wealth LLC acquired a new stake in Energizer during the third quarter worth approximately $42,000. Finally, Smartleaf Asset Management LLC grew its stake in Energizer by 94.0% during the fourth 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. Institutional investors and hedge funds own 93.74% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on ENR shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $38.00 price objective on shares of Energizer in a research note on Thursday, January 30th. UBS Group reduced their price objective on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. StockNews.com cut Energizer from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Finally, JPMorgan Chase & Co. reduced their price objective on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $38.38.

Energizer Stock Down 1.4 %

ENR stock opened at $29.46 on Friday. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $39.52. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17. The stock’s 50 day moving average is $32.00 and its 200-day moving average is $33.10. The firm has a market capitalization of $2.13 billion, a PE ratio of 37.30 and a beta of 1.09.

Energizer (NYSE:ENR) last posted its earnings results 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 return on equity of 168.16% and a net margin of 2.02%. The company had revenue of $731.70 million for the quarter, compared to analyst estimates of $726.23 million. During the same quarter last year, the company earned $0.59 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. Sell-side analysts expect that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 20th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a yield of 4.07%. Energizer’s dividend payout ratio (DPR) is currently 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.