Barclays PLC Sells 39,119 Shares of EnerSys (NYSE:ENS)

Barclays PLC lowered its stake in shares of EnerSys (NYSE:ENS - Free Report) by 21.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 144,991 shares of the industrial products company's stock after selling 39,119 shares during the period. Barclays PLC owned approximately 0.37% of EnerSys worth $13,401,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Headlands Technologies LLC raised its stake in EnerSys by 937.2% during the 4th quarter. Headlands Technologies LLC now owns 446 shares of the industrial products company's stock worth $41,000 after buying an additional 403 shares during the period. R Squared Ltd bought a new stake in shares of EnerSys during the fourth quarter valued at approximately $47,000. Covestor Ltd increased its holdings in shares of EnerSys by 32.4% during the fourth quarter. Covestor Ltd now owns 773 shares of the industrial products company's stock valued at $71,000 after acquiring an additional 189 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in shares of EnerSys during the fourth quarter worth approximately $105,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of EnerSys by 110.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,293 shares of the industrial products company's stock worth $120,000 after purchasing an additional 678 shares in the last quarter. Institutional investors own 94.93% of the company's stock.

EnerSys Stock Up 0.9 %

ENS stock traded up $0.77 during mid-day trading on Friday, reaching $86.71. 39,457 shares of the company traded hands, compared to its average volume of 329,161. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69. The firm's 50 day moving average price is $92.49 and its 200 day moving average price is $95.34. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 10.73, a P/E/G ratio of 0.57 and a beta of 1.15. EnerSys has a fifty-two week low of $76.57 and a fifty-two week high of $112.53.

EnerSys (NYSE:ENS - Get Free Report) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. As a group, equities research analysts predict that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Friday, March 14th. EnerSys's payout ratio is currently 11.88%.

Wall Street Analyst Weigh In

Separately, Oppenheimer upgraded shares of EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price target for the company in a research note on Friday, January 17th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $117.50.

EnerSys Profile

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.