Advisor Group Inc. reduced its stake in Energizer Holdings, Inc. (NYSE:EPC) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,976 shares of the company’s stock after selling 20 shares during the period. Advisor Group Inc.’s holdings in Energizer Holdings were worth $227,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Creative Planning increased its holdings in shares of Energizer Holdings by 0.9% in 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 acquired a new position in shares of Energizer Holdings in the second quarter valued at $201,000. GABELLI & Co INVESTMENT ADVISERS INC. increased its holdings 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 purchasing an additional 200 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Energizer Holdings in the first quarter valued at $237,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Energizer Holdings in the second quarter valued at $286,000. Hedge funds and other institutional investors own 89.29% of the company’s stock.
Energizer Holdings, Inc. (EPC) opened at 70.85 on Wednesday. Energizer Holdings, Inc. has a 1-year low of $69.63 and a 1-year high of $84.45. The company has a 50 day moving average of $73.46 and a 200 day moving average of $73.50. The firm has a market capitalization of $4.04 billion, a P/E ratio of 19.95 and a beta of 0.94.
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 company had revenue of $637.50 million during the quarter, compared to analyst estimates of $648.13 million. During the same quarter last year, the firm posted $0.66 EPS. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, equities research analysts anticipate that Energizer Holdings, Inc. will post $3.97 earnings per share for the current year.
Several research firms have commented on EPC. Zacks Investment Research downgraded shares of Energizer Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Jefferies Group LLC reiterated a “hold” rating and issued a $78.00 price objective on shares of Energizer Holdings in a report on Tuesday, September 12th. TheStreet downgraded shares of Energizer Holdings from a “b-” rating to a “c+” rating in a report on Wednesday, July 12th. Citigroup Inc. restated a “buy” rating and issued a $87.00 price target (up from $86.00) on shares of Energizer Holdings in a research note on Friday, August 11th. Finally, BidaskClub upgraded shares of Energizer Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $84.44.
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Energizer Holdings 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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