Cigna Investments Inc. New Purchases New Position in Energizer Holdings, Inc. (ENR)
Cigna Investments Inc. New purchased a new position in Energizer Holdings, Inc. (NYSE:ENR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,686 shares of the company’s stock, valued at approximately $273,000.
Other institutional investors have also modified their holdings of the company. Creative Planning increased its position in shares of Energizer Holdings by 0.4% in the first quarter. Creative Planning now owns 1,999 shares of the company’s stock worth $111,000 after buying an additional 7 shares in the last quarter. Acrospire Investment Management LLC acquired a new position in shares of Energizer Holdings during the first quarter worth about $114,000. IFP Advisors Inc increased its position in shares of Energizer Holdings by 7.1% in the second quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock worth $125,000 after buying an additional 172 shares in the last quarter. Financial Counselors Inc. acquired a new position in shares of Energizer Holdings during the first quarter worth about $201,000. Finally, World Asset Management Inc increased its position in shares of Energizer Holdings by 11.2% in the second quarter. World Asset Management Inc now owns 4,412 shares of the company’s stock worth $212,000 after buying an additional 443 shares in the last quarter. Institutional investors own 92.51% of the company’s stock.
Energizer Holdings, Inc. (NYSE:ENR) opened at 41.33 on Monday. The stock has a market cap of $2.56 billion, a P/E ratio of 13.72 and a beta of 0.57. Energizer Holdings, Inc. has a 52-week low of $40.98 and a 52-week high of $60.07. The stock has a 50 day moving average price of $45.12 and a 200 day moving average price of $52.11.
Energizer Holdings (NYSE:ENR) last posted its earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.06. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The firm had revenue of $372 million for the quarter, compared to analyst estimates of $390.88 million. During the same quarter in the prior year, the company earned $0.32 EPS. Energizer Holdings’s revenue was up 3.0% on a year-over-year basis. On average, equities research analysts forecast that Energizer Holdings, Inc. will post $2.90 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 12th. Investors of record on Monday, August 21st will be paid a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date is Thursday, August 17th. Energizer Holdings’s payout ratio is currently 36.54%.
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A number of equities analysts have issued reports on the company. UBS AG reiterated a “neutral” rating and set a $47.00 price target (down previously from $49.00) on shares of Energizer Holdings in a research report on Wednesday, August 9th. Jefferies Group LLC reiterated a “hold” rating and set a $54.00 price target (down previously from $62.00) on shares of Energizer Holdings in a research report on Thursday, July 6th. Royal Bank Of Canada reiterated an “outperform” rating and set a $60.00 price target on shares of Energizer Holdings in a research report on Wednesday, August 16th. KeyCorp upgraded Energizer Holdings from a “sector weight” rating to an “overweight” rating and set a $55.00 price target on the stock in a research report on Tuesday, July 18th. Finally, Zacks Investment Research downgraded Energizer Holdings from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $53.86.
In related news, Director Robert V. Vitale bought 7,300 shares of Energizer Holdings stock in a transaction that occurred on Friday, August 4th. The shares were purchased at an average price of $41.61 per share, with a total value of $303,753.00. Following the purchase, the director now owns 2,300 shares in the company, valued at $95,703. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.73% of the stock is currently owned by corporate insiders.
About Energizer Holdings
Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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