Two Sigma Advisers LP Boosts Stock Position in Energizer Holdings, Inc. (NYSE:ENR)

Two Sigma Advisers LP increased its position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 107.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 152,569 shares of the company's stock after buying an additional 78,900 shares during the quarter. Two Sigma Advisers LP owned about 0.21% of Energizer worth $5,323,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Barclays PLC raised its stake in shares of Energizer by 100.9% in the third quarter. Barclays PLC now owns 139,890 shares of the company's stock worth $4,443,000 after purchasing an additional 70,254 shares during the last quarter. Vista Investment Partners LLC purchased a new stake in shares of Energizer in the fourth quarter worth approximately $553,000. KBC Group NV raised its stake in shares of Energizer by 5,308.0% in the fourth quarter. KBC Group NV now owns 89,664 shares of the company's stock worth $3,128,000 after purchasing an additional 88,006 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Energizer by 5.0% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 10,226 shares of the company's stock worth $357,000 after purchasing an additional 485 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Energizer in the fourth quarter worth approximately $82,000. 93.74% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on the company. Barclays increased their price objective on Energizer from $25.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Friday, May 16th. JPMorgan Chase & Co. lowered their price objective on Energizer from $36.00 to $30.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Canaccord Genuity Group lowered their price objective on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday, May 7th. UBS Group reduced their target price on Energizer from $28.00 to $26.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $38.00 target price on shares of Energizer in a report on Thursday, January 30th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Energizer currently has an average rating of "Hold" and an average target price of $31.63.

Insider Buying and Selling at Energizer

In related news, CEO Mark Stephen Lavigne bought 4,000 shares of the company's stock in a transaction on Friday, May 9th. The shares were purchased at an average price 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 in the company, valued at approximately $6,016,567.15. The trade was a 1.46% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Donal L. Mulligan bought 10,000 shares of the company's stock in a transaction on Monday, May 19th. The shares were bought at an average price of $23.66 per share, for a total transaction of $236,600.00. Following the transaction, the director now owns 10,000 shares of the company's stock, valued at approximately $236,600. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 25,000 shares of company stock valued at $578,140. Company insiders own 0.98% of the company's stock.

Energizer Stock Performance

Shares of ENR stock traded up $0.07 during trading on Friday, hitting $23.35. The company's stock had a trading volume of 123,815 shares, compared to its average volume of 659,887. The company has a market cap of $1.69 billion, a PE ratio of 29.55 and a beta of 0.77. The company has a current ratio of 1.80, a quick ratio of 0.94 and a debt-to-equity ratio of 22.17. The business has a fifty day moving average of $25.89 and a 200-day moving average of $31.19. Energizer Holdings, Inc. has a 52 week low of $21.49 and a 52 week high of $39.52.

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

Energizer Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend is Wednesday, May 21st. Energizer's dividend payout ratio (DPR) is 164.38%.

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.