Penserra Capital Management LLC Has $148,000 Holdings in Energizer Holdings, Inc. $ENR

Penserra Capital Management LLC lifted its position in Energizer Holdings, Inc. (NYSE:ENR) by 264.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,374 shares of the company’s stock after purchasing an additional 5,351 shares during the quarter. Penserra Capital Management LLC’s holdings in Energizer were worth $148,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can raised its stake in shares of Energizer by 3.3% in the 2nd quarter. Bank of Montreal Can now owns 13,701 shares of the company’s stock valued at $276,000 after buying an additional 435 shares in the last quarter. Vestcor Inc raised its position in Energizer by 3.7% in the first quarter. Vestcor Inc now owns 13,448 shares of the company’s stock worth $402,000 after purchasing an additional 475 shares in the last quarter. Blue Trust Inc. lifted its stake in Energizer by 38.9% during the second quarter. Blue Trust Inc. now owns 1,883 shares of the company’s stock worth $38,000 after purchasing an additional 527 shares during the period. Caitong International Asset Management Co. Ltd boosted its holdings in Energizer by 108.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company’s stock valued at $33,000 after purchasing an additional 579 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Energizer by 0.4% in the 1st quarter. Rhumbline Advisers now owns 200,988 shares of the company’s stock valued at $6,014,000 after purchasing an additional 715 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Trading Down 0.7%

ENR opened at $24.22 on Friday. The firm’s fifty day moving average is $25.51 and its two-hundred day moving average is $24.55. The firm has a market cap of $1.65 billion, a PE ratio of 6.98 and a beta of 0.63. Energizer Holdings, Inc. has a twelve month low of $19.70 and a twelve month high of $39.51. The company has a debt-to-equity ratio of 17.57, a quick ratio of 0.84 and a current ratio of 1.78.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Wednesday, December 4th. The company reported $0.64 EPS for the quarter. The business had revenue of $684.10 million for the quarter. Energizer had a return on equity of 181.90% and a net margin of 8.60%. Equities research analysts anticipate that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Tuesday, November 25th will be given a $0.30 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $1.20 annualized dividend and a dividend yield of 5.0%. Energizer’s payout ratio is currently 34.58%.

Analysts Set New Price Targets

Several analysts recently commented on ENR shares. JPMorgan Chase & Co. decreased their price target on Energizer from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Thursday, October 23rd. Zacks Research lowered shares of Energizer from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. UBS Group dropped their target price on shares of Energizer from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Barclays boosted their price target on shares of Energizer from $24.00 to $27.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Energizer in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $31.00.

Energizer Company 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.