Jefferies Financial Group Inc. acquired a new position in EnerSys (NYSE:ENS – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,970 shares of the industrial products company’s stock, valued at approximately $1,014,000.
A number of other hedge funds also recently bought and sold shares of ENS. Hillsdale Investment Management Inc. raised its holdings in EnerSys by 0.3% in the 4th quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company’s stock worth $3,526,000 after purchasing an additional 100 shares during the period. Canada Pension Plan Investment Board increased its position in EnerSys by 25.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company’s stock worth $46,000 after buying an additional 100 shares in the last quarter. Aquatic Capital Management LLC raised its stake in shares of EnerSys by 2.5% in the fourth quarter. Aquatic Capital Management LLC now owns 5,433 shares of the industrial products company’s stock worth $502,000 after buying an additional 133 shares during the period. Mariner LLC lifted its position in shares of EnerSys by 3.4% during the 4th quarter. Mariner LLC now owns 4,460 shares of the industrial products company’s stock valued at $412,000 after buying an additional 147 shares in the last quarter. Finally, Uncommon Cents Investing LLC grew its stake in shares of EnerSys by 4.6% during the 4th quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company’s stock valued at $314,000 after acquiring an additional 150 shares during the period. Hedge funds and other institutional investors own 94.93% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have commented on ENS. Roth Mkm restated a “buy” rating and set a $120.00 target price on shares of EnerSys in a research note on Wednesday. Oppenheimer upgraded shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price objective on the stock in a research report on Friday, January 17th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, EnerSys currently has an average rating of “Buy” and an average target price of $117.50.
EnerSys Stock Down 0.1%
Shares of ENS opened at $99.56 on Friday. The business’s 50 day moving average is $89.76 and its 200 day moving average is $94.38. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. EnerSys has a 12-month low of $76.57 and a 12-month high of $112.53. The company has a market capitalization of $3.93 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13.
EnerSys Profile
EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.
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