UBS Group AG grew its stake in Energizer Holdings Inc (NYSE:ENR) by 47.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,358 shares of the company’s stock after buying an additional 11,428 shares during the period. UBS Group AG owned 0.06% of Energizer worth $2,107,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of the stock. Paloma Partners Management Co grew its position in shares of Energizer by 154.0% in the fourth quarter. Paloma Partners Management Co now owns 5,057 shares of the company’s stock valued at $242,000 after purchasing an additional 14,414 shares in the last quarter. Amundi Pioneer Asset Management Inc. purchased a new position in shares of Energizer in the fourth quarter valued at $3,598,000. Stone Ridge Asset Management LLC purchased a new position in Energizer during the fourth quarter worth about $736,000. Macquarie Group Ltd. grew its position in Energizer by 31.4% during the fourth quarter. Macquarie Group Ltd. now owns 91,529 shares of the company’s stock worth $4,392,000 after buying an additional 21,851 shares in the last quarter. Finally, Glenmede Trust Co. NA grew its position in Energizer by 1,062.8% during the fourth quarter. Glenmede Trust Co. NA now owns 14,442 shares of the company’s stock worth $692,000 after buying an additional 13,200 shares in the last quarter. Institutional investors and hedge funds own 99.20% of the company’s stock.
Several equities analysts recently commented on the company. ValuEngine upgraded Energizer from a “hold” rating to a “buy” rating in a research report on Tuesday, June 26th. Citigroup lifted their price target on Energizer from $60.00 to $66.00 and gave the stock a “neutral” rating in a research note on Friday, June 29th. UBS Group assumed coverage on Energizer in a research note on Thursday, July 19th. They set a “neutral” rating and a $68.00 price target for the company. Bank of America boosted their target price on Energizer from $62.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, July 16th. Finally, Morgan Stanley boosted their target price on Energizer from $63.00 to $67.00 and gave the company an “equal weight” rating in a research note on Thursday, August 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $66.30.
Shares of Energizer traded down $0.09, reaching $62.71, during midday trading on Friday, MarketBeat Ratings reports. 272,433 shares of the stock were exchanged, compared to its average volume of 740,822. The company has a debt-to-equity ratio of 20.43, a quick ratio of 1.31 and a current ratio of 1.82. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 21.04, a price-to-earnings-growth ratio of 2.42 and a beta of 0.82. Energizer Holdings Inc has a 1 year low of $40.64 and a 1 year high of $65.57.
Energizer (NYSE:ENR) last posted its quarterly earnings results on Wednesday, August 1st. The company reported $0.54 earnings per share for the quarter, hitting the consensus estimate of $0.54. The company had revenue of $392.80 million for the quarter, compared to the consensus estimate of $389.13 million. Energizer had a return on equity of 359.49% and a net margin of 6.98%. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.43 EPS. sell-side analysts forecast that Energizer Holdings Inc will post 3.36 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 12th. Shareholders of record on Thursday, August 16th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Wednesday, August 15th. This represents a $1.16 annualized dividend and a yield of 1.85%. Energizer’s dividend payout ratio is 38.93%.
In other Energizer news, VP Emily K. Boss sold 7,500 shares of the stock in a transaction on Wednesday, June 27th. The stock was sold at an average price of $63.00, for a total transaction of $472,500.00. Following the sale, the vice president now directly owns 2,208 shares in the company, valued at approximately $139,104. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Gregory T. Kinder sold 3,810 shares of the stock in a transaction on Thursday, July 26th. The shares were sold at an average price of $65.00, for a total value of $247,650.00. Following the transaction, the executive vice president now directly owns 3,811 shares in the company, valued at $247,715. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,794 shares of company stock worth $1,532,609. Company insiders own 1.79% of the company’s stock.