Louisiana State Employees Retirement System Acquires Shares of 33,300 Energizer Holdings, Inc. (NYSE:ENR)

Louisiana State Employees Retirement System bought a new position in Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 33,300 shares of the company's stock, valued at approximately $1,055,000.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Energizer by 13.8% in the 3rd quarter. Vanguard Group Inc. now owns 9,298,682 shares of the company's stock worth $297,930,000 after purchasing an additional 1,126,158 shares in the last quarter. FMR LLC grew its position in Energizer by 28.2% during the third quarter. FMR LLC now owns 6,860,185 shares of the company's stock valued at $219,800,000 after acquiring an additional 1,508,081 shares during the last quarter. LSV Asset Management raised its stake in shares of Energizer by 1.4% during the third quarter. LSV Asset Management now owns 1,750,934 shares of the company's stock worth $56,100,000 after acquiring an additional 23,844 shares in the last quarter. Gamco Investors INC. ET AL lifted its holdings in shares of Energizer by 0.5% in the 3rd quarter. Gamco Investors INC. ET AL now owns 1,270,495 shares of the company's stock worth $40,707,000 after acquiring an additional 6,823 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Energizer by 12.5% in the 3rd quarter. Principal Financial Group Inc. now owns 895,249 shares of the company's stock valued at $28,683,000 after purchasing an additional 99,353 shares in the last quarter. Institutional investors own 93.74% of the company's stock.

Energizer Trading Down 0.6 %

Energizer stock traded down $0.18 during trading hours on Wednesday, reaching $28.74. The stock had a trading volume of 402,824 shares, compared to its average volume of 501,861. The company has a fifty day simple moving average of $28.59 and a 200-day simple moving average of $30.67. Energizer Holdings, Inc. has a 52 week low of $26.92 and a 52 week high of $37.32. The stock has a market cap of $2.06 billion, a PE ratio of 22.28 and a beta of 1.06. The company has a debt-to-equity ratio of 19.36, a current ratio of 2.03 and a quick ratio of 1.15.

Energizer (NYSE:ENR - Get Free Report) last posted its earnings results on Tuesday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.02. The company had revenue of $716.60 million for the quarter, compared to analysts' expectations of $710.73 million. Energizer had a return on equity of 123.29% and a net margin of 3.21%. Energizer's quarterly revenue was down 6.3% on a year-over-year basis. During the same period last year, the firm earned $0.72 earnings per share. Analysts forecast that Energizer Holdings, Inc. will post 3.21 EPS for the current fiscal year.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Wednesday, February 21st were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend was Tuesday, February 20th. Energizer's payout ratio is 93.02%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ENR. Barclays decreased their target price on shares of Energizer from $36.00 to $32.00 and set an "overweight" rating on the stock in a research report on Friday, April 12th. StockNews.com downgraded Energizer from a "buy" rating to a "hold" rating in a report on Wednesday, February 7th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $35.00.

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.