Deutsche Bank AG Has $4.92 Million Position in EnerSys (NYSE:ENS)

Deutsche Bank AG lessened its stake in EnerSys (NYSE:ENS - Free Report) by 57.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,239 shares of the industrial products company's stock after selling 71,958 shares during the period. Deutsche Bank AG owned about 0.14% of EnerSys worth $4,921,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. D. E. Shaw & Co. Inc. lifted its position in shares of EnerSys by 82.0% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 199,072 shares of the industrial products company's stock worth $18,400,000 after acquiring an additional 89,717 shares during the period. Deprince Race & Zollo Inc. raised its stake in shares of EnerSys by 13.4% in the fourth quarter. Deprince Race & Zollo Inc. now owns 1,028,027 shares of the industrial products company's stock valued at $95,021,000 after purchasing an additional 121,758 shares in the last quarter. Cetera Investment Advisers lifted its position in EnerSys by 13.7% in the fourth quarter. Cetera Investment Advisers now owns 8,274 shares of the industrial products company's stock worth $765,000 after purchasing an additional 997 shares during the period. Bridgefront Capital LLC acquired a new stake in EnerSys during the fourth quarter worth $228,000. Finally, Balyasny Asset Management L.P. boosted its stake in EnerSys by 112.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 18,901 shares of the industrial products company's stock worth $1,747,000 after buying an additional 10,015 shares in the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.

EnerSys Price Performance

EnerSys stock opened at $99.69 on Monday. The business has a 50 day simple moving average of $89.79 and a 200 day simple moving average of $94.33. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00. The company has a market capitalization of $3.93 billion, a PE ratio of 12.34, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13. EnerSys has a one year low of $76.57 and a one year high of $112.53.

Analyst Ratings Changes

Separately, Roth Mkm reaffirmed a "buy" rating and set a $120.00 price objective on shares of EnerSys in a report on Wednesday, May 14th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, EnerSys currently has an average rating of "Buy" and a consensus target price of $117.50.

About EnerSys

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.

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