Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Sei Investments Co.

Sei Investments Co. cut its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 7.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,406 shares of the company’s stock after selling 1,095 shares during the period. Sei Investments Co.’s holdings in Energizer were worth $503,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ENR. Inspire Investing LLC raised its holdings in 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 buying an additional 21,667 shares during the period. Point72 Asset Management L.P. purchased a new stake in shares of Energizer in the 3rd quarter valued at approximately $584,000. Vista Investment Partners LLC purchased a new stake in shares of Energizer in the 4th quarter valued at approximately $553,000. Smartleaf Asset Management LLC boosted its stake in Energizer by 94.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company’s stock worth $54,000 after purchasing an additional 753 shares during the period. Finally, KBC Group NV grew its position in Energizer by 5,308.0% during the 4th 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 in the last quarter. 93.74% of the stock is currently owned by institutional investors.

Energizer Stock Up 4.3 %

Shares of NYSE ENR opened at $27.15 on Thursday. Energizer Holdings, Inc. has a 52-week low of $25.42 and a 52-week high of $39.52. The stock has a market cap of $1.96 billion, a P/E ratio of 34.37 and a beta of 0.92. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80. The firm has a 50 day moving average price of $30.20 and a 200 day moving average price of $32.98.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.03. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The business had revenue of $731.70 million during the quarter, compared to analyst estimates of $726.23 million. During the same period in the previous year, the firm earned $0.59 EPS. Energizer’s quarterly revenue was up 2.1% compared to the same quarter last year. Analysts expect that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 20th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.42%. Energizer’s payout ratio is presently 151.90%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ENR shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $38.00 price objective on shares of Energizer in a research report on Thursday, January 30th. UBS Group dropped their price target on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Barclays reduced their price objective on Energizer from $36.00 to $32.00 and set an “equal weight” rating for the company in a research report on Thursday, March 27th. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Finally, JPMorgan Chase & Co. reduced their price target on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Seven 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 currently has a consensus rating of “Hold” and an average target price of $37.88.

Energizer 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.