Energizer Holdings, Inc. (NYSE:ENR) Stake Lessened by Two Sigma Investments LP

Two Sigma Investments LP reduced its position in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 4.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 316,000 shares of the company's stock after selling 15,038 shares during the period. Two Sigma Investments LP owned approximately 0.44% of Energizer worth $11,025,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its position in Energizer by 94.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock valued at $54,000 after buying an additional 753 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Energizer by 21.6% in the 4th quarter. Russell Investments Group Ltd. now owns 2,023 shares of the company's stock valued at $71,000 after buying an additional 360 shares during the last quarter. R Squared Ltd purchased a new position in Energizer in the 4th quarter valued at about $82,000. Hager Investment Management Services LLC purchased a new position in Energizer in the 4th quarter valued at about $102,000. Finally, Harvest Fund Management Co. Ltd purchased a new position in Energizer in the 4th quarter valued at about $112,000. 93.74% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Mark Stephen Lavigne purchased 4,000 shares of the company's stock in a transaction on Friday, May 9th. The shares were bought at an average price of $21.67 per share, for a total transaction of $86,680.00. Following the completion of the purchase, the chief executive officer now owns 277,645 shares of the company's stock, valued at $6,016,567.15. This trade represents a 1.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Patrick J. Moore purchased 10,000 shares of the company's stock in a transaction on Monday, May 12th. The stock was purchased at an average price of $23.10 per share, for a total transaction of $231,000.00. Following the purchase, the director now directly owns 15,000 shares of the company's stock, valued at $346,500. This trade represents a 200.00% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 25,000 shares of company stock worth $578,140 over the last quarter. 0.98% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ENR. Barclays upped their price objective on shares of Energizer from $25.00 to $26.00 and gave the company an "equal weight" rating in a research report on Friday, May 16th. Canaccord Genuity Group cut their target price on shares of Energizer from $31.00 to $27.00 and set a "hold" rating on the stock in a research note on Wednesday, May 7th. JPMorgan Chase & Co. cut their target price on shares of Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Royal Bank of Canada restated a "sector perform" rating and issued a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th. Finally, Wall Street Zen lowered shares of Energizer from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $31.63.

Energizer Stock Performance

ENR traded up $0.29 on Thursday, hitting $23.12. 160,478 shares of the company's stock were exchanged, compared to its average volume of 658,788. The firm has a market cap of $1.67 billion, a PE ratio of 29.29 and a beta of 0.77. Energizer Holdings, Inc. has a twelve month low of $21.49 and a twelve month high of $39.52. The stock has a fifty day moving average of $26.02 and a two-hundred day moving average of $31.26. The company has a current ratio of 1.80, a quick ratio of 0.94 and a debt-to-equity ratio of 22.17.

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

Energizer Announces Dividend

The firm 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. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $1.20 annualized dividend and a yield of 5.19%. Energizer's dividend payout ratio (DPR) is 164.38%.

Energizer Profile

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.