SG Americas Securities LLC Sells 12,381 Shares of Energizer Holdings, Inc. (NYSE:ENR)

SG Americas Securities LLC reduced its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 78.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,319 shares of the company’s stock after selling 12,381 shares during the period. SG Americas Securities LLC’s holdings in Energizer were worth $105,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. increased its position in Energizer by 12.5% during the third quarter. Principal Financial Group Inc. now owns 895,249 shares of the company’s stock worth $28,683,000 after acquiring an additional 99,353 shares during the period. Vanguard Group Inc. raised its position in shares of Energizer by 13.8% during the third quarter. Vanguard Group Inc. now owns 9,298,682 shares of the company’s stock valued at $297,930,000 after buying an additional 1,126,158 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Energizer by 2.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 807,552 shares of the company’s stock valued at $25,874,000 after buying an additional 18,053 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in Energizer during the third quarter worth about $731,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Energizer by 38.3% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 44,446 shares of the company’s stock valued at $1,424,000 after acquiring an additional 12,313 shares during the period. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a report on Wednesday, February 7th. Barclays decreased their price target on shares of Energizer from $36.00 to $32.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Energizer presently has a consensus rating of “Hold” and a consensus target price of $35.00.

Energizer Price Performance

Shares of ENR stock opened at $28.41 on Friday. The stock’s fifty day simple moving average is $28.68 and its 200 day simple moving average is $30.66. Energizer Holdings, Inc. has a one year low of $26.92 and a one year high of $37.32. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 22.02 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) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. The company had revenue of $716.60 million during 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%. The business’s revenue was down 6.3% on a year-over-year basis. During the same period last year, the business earned $0.72 earnings per share. On average, analysts expect that Energizer Holdings, Inc. will post 3.21 earnings per share for the current fiscal year.

Energizer Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Wednesday, February 21st were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend was Tuesday, February 20th. Energizer’s dividend payout ratio (DPR) is currently 93.02%.

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.