Ameriprise Financial Inc. lowered its position in shares of Energizer Holdings Inc (NYSE:ENR) by 57.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 268,923 shares of the company’s stock after selling 360,035 shares during the period. Ameriprise Financial Inc. owned about 0.43% of Energizer worth $12,383,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Energizer by 7.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock worth $116,000 after purchasing an additional 169 shares during the last quarter. IFP Advisors Inc lifted its stake in Energizer by 7.1% during the second quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock worth $125,000 after purchasing an additional 172 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in Energizer by 149.1% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,460 shares of the company’s stock worth $166,000 after purchasing an additional 2,071 shares during the last quarter. Advisor Group Inc. increased its holdings in shares of Energizer by 1.3% in the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock worth $183,000 after buying an additional 50 shares during the period. Finally, World Asset Management Inc increased its holdings in shares of Energizer by 11.2% in the second quarter. World Asset Management Inc now owns 4,412 shares of the company’s stock worth $212,000 after buying an additional 443 shares during the period. 97.23% of the stock is owned by hedge funds and other institutional investors.
Energizer Holdings Inc (NYSE ENR) opened at $47.95 on Monday. Energizer Holdings Inc has a twelve month low of $40.64 and a twelve month high of $60.07. The stock has a market capitalization of $2,871.39, a PE ratio of 16.09, a P/E/G ratio of 1.59 and a beta of 0.59. The company has a current ratio of 1.75, a quick ratio of 1.21 and a debt-to-equity ratio of 11.50.
The company also recently announced a quarterly dividend, which was paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th were issued a dividend of $0.29 per share. This is an increase from Energizer’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.42%. Energizer’s dividend payout ratio is 36.02%.
Several research analysts have recently commented on ENR shares. KeyCorp set a $55.00 price objective on Energizer and gave the stock a “buy” rating in a report on Monday, October 16th. Citigroup reiterated a “buy” rating and issued a $54.00 price objective on shares of Energizer in a report on Wednesday, August 23rd. Morgan Stanley decreased their price objective on Energizer from $53.00 to $50.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Zacks Investment Research downgraded Energizer from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Finally, Jefferies Group restated a “hold” rating and set a $47.00 price target on shares of Energizer in a report on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. Energizer has an average rating of “Hold” and an average target price of $51.88.
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Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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