Swiss National Bank Has $4.43 Million Stock Position in Energizer Holdings, Inc. (NYSE:ENR)

Swiss National Bank lowered its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 127,025 shares of the company’s stock after selling 6,200 shares during the period. Swiss National Bank’s holdings in Energizer were worth $4,432,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in ENR. GAMMA Investing LLC boosted its holdings in shares of Energizer by 86.4% during the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock valued at $27,000 after acquiring an additional 356 shares in the last quarter. Neo Ivy Capital Management bought a new stake in shares of Energizer during the third quarter worth about $30,000. Quarry LP acquired a new position in shares of Energizer in the third quarter valued at approximately $39,000. Smartleaf Asset Management LLC raised its holdings 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. Finally, Central Pacific Bank Trust Division boosted its position in Energizer by 750.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company’s stock worth $59,000 after buying an additional 1,500 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Stock Down 1.7 %

Shares of NYSE ENR opened at $29.30 on Wednesday. The firm’s 50 day simple moving average is $31.79 and its two-hundred day simple moving average is $33.09. Energizer Holdings, Inc. has a one year low of $26.92 and a one year high of $39.52. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94. The stock has a market capitalization of $2.12 billion, a P/E ratio of 37.09 and a beta of 1.09.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.03. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The company had revenue of $731.70 million during the quarter, compared to analyst estimates of $726.23 million. During the same quarter last year, the firm posted $0.59 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. As a group, analysts expect that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Thursday, February 20th. Energizer’s dividend payout ratio is 151.90%.

Analysts Set New Price Targets

ENR has been the topic of a number of analyst reports. StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. UBS Group cut their price objective on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. JPMorgan Chase & Co. lowered their price target on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $38.00 price target on shares of Energizer in a research 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $38.38.

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.