Centiva Capital LP Acquires Shares of 14,401 Energizer Holdings, Inc. (NYSE:ENR)

Centiva Capital LP purchased a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,401 shares of the company's stock, valued at approximately $502,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Barclays PLC boosted its position in shares of Energizer by 100.9% during the 3rd quarter. Barclays PLC now owns 139,890 shares of the company's stock valued at $4,443,000 after acquiring an additional 70,254 shares during the last quarter. Tidal Investments LLC boosted its position in shares of Energizer by 48.9% during the third quarter. Tidal Investments LLC now owns 13,659 shares of the company's stock valued at $434,000 after purchasing an additional 4,487 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Energizer by 4.6% in the third quarter. Principal Financial Group Inc. now owns 861,755 shares of the company's stock worth $27,369,000 after acquiring an additional 37,713 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Energizer by 86.4% during the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company's stock valued at $27,000 after purchasing an additional 356 shares in the last quarter. Finally, Ritholtz Wealth Management purchased a new stake in Energizer in the fourth quarter worth about $306,000. 93.74% of the stock is owned by hedge funds and other institutional investors.

Energizer Stock Performance

ENR stock traded up $0.05 during trading on Friday, hitting $23.80. The company had a trading volume of 321,057 shares, compared to its average volume of 652,969. The firm has a market cap of $1.72 billion, a PE ratio of 30.14 and a beta of 0.77. Energizer Holdings, Inc. has a 1-year low of $21.49 and a 1-year high of $39.52. The firm has a 50-day moving average price of $27.23 and a 200-day moving average price of $31.85. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17.

Energizer (NYSE:ENR - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.67 earnings per share for the quarter, missing analysts' consensus estimates of $0.68 by ($0.01). The business had revenue of $662.90 million during the quarter, compared to analysts' expectations of $670.85 million. Energizer had a net margin of 2.02% and a return on equity of 168.16%. Energizer's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.72 EPS. On average, analysts expect that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date is Wednesday, May 21st. Energizer's dividend payout ratio is currently 164.38%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Canaccord Genuity Group cut their target price on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research report on Wednesday, May 7th. Truist Financial reduced their price target on Energizer from $40.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. StockNews.com downgraded Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Royal Bank of Canada reissued a "sector perform" rating and issued a $38.00 price objective on shares of Energizer in a research report on Thursday, January 30th. Finally, UBS Group decreased their price objective on Energizer from $28.00 to $26.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Energizer currently has an average rating of "Hold" and an average target price of $31.63.

Insider Activity at Energizer

In other Energizer news, CEO Mark Stephen Lavigne purchased 4,000 shares of the company's stock in a transaction on Friday, May 9th. The shares were purchased at an average cost of $21.67 per share, for a total transaction of $86,680.00. Following the completion of the transaction, the chief executive officer now owns 277,645 shares in the company, valued at $6,016,567.15. The trade was a 1.46% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Patrick J. Moore purchased 10,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was bought at an average cost of $23.10 per share, for a total transaction of $231,000.00. Following the purchase, the director now directly owns 15,000 shares in the company, valued at $346,500. This represents a 200.00% increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.98% of the company's stock.

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.