Cubist Systematic Strategies LLC raised its stake in shares of Energizer Holdings, Inc. (NYSE:EPC) by 156.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,693 shares of the company’s stock after purchasing an additional 12,622 shares during the period. Cubist Systematic Strategies LLC’s holdings in Energizer Holdings were worth $1,573,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in EPC. Creative Planning grew its holdings in Energizer Holdings by 0.9% during the second quarter. Creative Planning now owns 2,007 shares of the company’s stock valued at $153,000 after purchasing an additional 18 shares during the last quarter. Parametrica Management Ltd bought a new stake in shares of Energizer Holdings in the second quarter valued at approximately $201,000. GABELLI & Co INVESTMENT ADVISERS INC. boosted its position in shares of Energizer Holdings by 6.9% in the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,100 shares of the company’s stock valued at $236,000 after acquiring an additional 200 shares during the period. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Energizer Holdings in the first quarter valued at approximately $237,000. Finally, Bayesian Capital Management LP bought a new stake in shares of Energizer Holdings in the second quarter valued at approximately $240,000. Institutional investors own 89.29% of the company’s stock.
Several research firms have recently weighed in on EPC. Zacks Investment Research cut Energizer Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday. Jefferies Group LLC reaffirmed a “hold” rating and issued a $78.00 target price on shares of Energizer Holdings in a research report on Tuesday, September 12th. BidaskClub raised Energizer Holdings from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Citigroup Inc. reaffirmed a “buy” rating and issued a $87.00 target price (up from $86.00) on shares of Energizer Holdings in a research report on Friday, August 11th. Finally, Deutsche Bank AG raised their target price on Energizer Holdings from $75.00 to $77.00 and gave the stock a “hold” rating in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $85.38.
Shares of Energizer Holdings, Inc. (NYSE EPC) traded up 0.46% during mid-day trading on Wednesday, hitting $72.54. The stock had a trading volume of 13,630 shares. The stock’s 50-day moving average price is $73.75 and its 200 day moving average price is $73.54. The company has a market capitalization of $4.13 billion, a P/E ratio of 20.42 and a beta of 0.94. Energizer Holdings, Inc. has a 1-year low of $69.63 and a 1-year high of $84.45.
Energizer Holdings (NYSE:EPC) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.31. Energizer Holdings had a return on equity of 12.71% and a net margin of 8.80%. The business had revenue of $637.50 million during the quarter, compared to the consensus estimate of $648.13 million. During the same period in the prior year, the company earned $0.66 EPS. Energizer Holdings’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, analysts predict that Energizer Holdings, Inc. will post $3.98 EPS for the current fiscal year.
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Energizer Holdings Company Profile
Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.
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