South Dakota Investment Council Acquires 4,160 Shares of Energizer Holdings Inc (ENR)

South Dakota Investment Council lifted its holdings in shares of Energizer Holdings Inc (NYSE:ENR) by 143.4% during the 1st quarter, HoldingsChannel reports. The fund owned 7,060 shares of the company’s stock after buying an additional 4,160 shares during the period. South Dakota Investment Council’s holdings in Energizer were worth $317,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Osborn Williams & Donohoe LLC bought a new stake in shares of Energizer in the 1st quarter worth about $31,000. Quantamental Technologies LLC bought a new stake in shares of Energizer in the 1st quarter worth about $29,000. CX Institutional bought a new stake in shares of Energizer in the 4th quarter worth about $51,000. Parkside Financial Bank & Trust increased its position in shares of Energizer by 20.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,250 shares of the company’s stock worth $57,000 after purchasing an additional 215 shares during the last quarter. Finally, Eukles Asset Management bought a new stake in shares of Energizer in the 4th quarter worth about $98,000. Institutional investors and hedge funds own 80.94% of the company’s stock.

Energizer stock opened at $45.37 on Thursday. The company has a quick ratio of 1.66, a current ratio of 2.14 and a debt-to-equity ratio of 5.51. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 5.04 and a beta of 0.50. Energizer Holdings Inc has a 52-week low of $41.88 and a 52-week high of $65.57.

Energizer (NYSE:ENR) last posted its earnings results on Tuesday, May 7th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). The firm had revenue of $556.40 million for the quarter, compared to analyst estimates of $565.61 million. Energizer had a net margin of 1.15% and a return on equity of 102.03%. The company’s revenue for the quarter was up 48.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.45 earnings per share. Equities analysts forecast that Energizer Holdings Inc will post 2.93 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Tuesday, May 21st will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend is Monday, May 20th. Energizer’s payout ratio is 35.61%.

Several research firms have recently weighed in on ENR. Citigroup raised shares of Energizer from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $50.00 to $54.00 in a research report on Tuesday. TheStreet raised shares of Energizer from a “c+” rating to a “b-” rating in a research report on Tuesday, April 23rd. Zacks Investment Research raised shares of Energizer from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th. Goldman Sachs Group raised shares of Energizer from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $48.00 to $60.00 in a research report on Sunday, March 31st. Finally, JPMorgan Chase & Co. initiated coverage on shares of Energizer in a research report on Friday, March 22nd. They issued a “neutral” rating and a $49.00 target price for the company. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $58.75.

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About Energizer

Energizer Holdings, Inc manufacturers and markets batteries and lighting products. The company’s products include household batteries, specialty batteries, and portable lighting. Energizer Holdings was founded in 2000 and is headquartered in St. Louis, MO.

Read More: Price to Earnings Ratio (PE)

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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