PharVision Advisers LLC Invests $527,000 in Energizer Holdings, Inc. (NYSE:ENR)

PharVision Advisers LLC purchased a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,107 shares of the company's stock, valued at approximately $527,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Inspire Investing LLC boosted its position in shares of Energizer by 166.3% during the 4th quarter. Inspire Investing LLC now owns 34,692 shares of the company's stock worth $1,210,000 after purchasing an additional 21,667 shares in the last quarter. Vista Investment Partners LLC acquired a new stake in shares of Energizer in the fourth quarter valued at about $553,000. Smartleaf Asset Management LLC lifted its stake in shares of Energizer by 94.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock valued at $54,000 after purchasing an additional 753 shares during the period. KBC Group NV boosted its holdings in Energizer by 5,308.0% during the fourth quarter. KBC Group NV now owns 89,664 shares of the company's stock worth $3,128,000 after buying an additional 88,006 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Energizer by 8.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,023,083 shares of the company's stock worth $35,695,000 after buying an additional 80,163 shares during the period. Institutional investors and hedge funds own 93.74% of the company's stock.

Insider Activity at Energizer

In related news, Director Donal L. Mulligan acquired 10,000 shares of the company's stock in a transaction dated Monday, May 19th. The stock was bought at an average price of $23.66 per share, with a total value of $236,600.00. Following the purchase, the director now directly owns 10,000 shares in the company, valued at $236,600. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark Stephen Lavigne bought 4,000 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The stock was bought 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 directly owns 277,645 shares of the company's stock, valued at approximately $6,016,567.15. The trade was a 1.46% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 25,000 shares of company stock valued at $578,140. Company insiders own 0.98% of the company's stock.

Energizer Price Performance

Energizer stock traded up $0.08 during mid-day trading on Monday, hitting $22.90. 766,160 shares of the company were exchanged, compared to its average volume of 659,043. Energizer Holdings, Inc. has a 12-month low of $21.49 and a 12-month high of $39.52. The company has a market capitalization of $1.65 billion, a P/E ratio of 28.99 and a beta of 0.77. The business's 50 day simple moving average is $26.43 and its two-hundred day simple moving average is $31.45. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94.

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

Energizer Dividend Announcement

The company 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 annualized dividend and a dividend yield of 5.24%. The ex-dividend date is Wednesday, May 21st. Energizer's payout ratio is 164.38%.

Analysts Set New Price Targets

Several brokerages have recently commented on ENR. Barclays boosted their price target on Energizer from $25.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Friday, May 16th. Wall Street Zen cut 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 target price on shares of Energizer in a report on Thursday, January 30th. Canaccord Genuity Group dropped their price target on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research report on Wednesday, May 7th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Energizer presently has a consensus rating of "Hold" and a consensus price target of $31.63.

Energizer Company 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.