Texas Permanent School Fund reduced its position in shares of Energizer Holdings Inc (NYSE:ENR) by 2.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,608 shares of the company’s stock after selling 914 shares during the quarter. Texas Permanent School Fund’s holdings in Energizer were worth $2,206,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of ENR. UBS Group AG boosted its stake in shares of Energizer by 47.8% during the 1st quarter. UBS Group AG now owns 35,358 shares of the company’s stock worth $2,107,000 after acquiring an additional 11,428 shares in the last quarter. LPL Financial LLC lifted its stake in Energizer by 27.0% in the 1st quarter. LPL Financial LLC now owns 16,395 shares of the company’s stock valued at $977,000 after buying an additional 3,489 shares in the last quarter. Legal & General Group Plc lifted its stake in Energizer by 19.3% in the 1st quarter. Legal & General Group Plc now owns 69,282 shares of the company’s stock valued at $4,128,000 after buying an additional 11,194 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Energizer by 94.1% in the 1st quarter. Principal Financial Group Inc. now owns 969,684 shares of the company’s stock valued at $57,774,000 after buying an additional 470,010 shares in the last quarter. Finally, Brown Advisory Inc. purchased a new position in Energizer in the 1st quarter valued at about $250,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.
ENR opened at $60.60 on Wednesday. The company has a debt-to-equity ratio of 20.43, a quick ratio of 1.31 and a current ratio of 1.82. Energizer Holdings Inc has a 1-year low of $40.64 and a 1-year high of $65.57. The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 20.34, a price-to-earnings-growth ratio of 2.20 and a beta of 0.71.
A number of research analysts recently weighed in on ENR shares. Deutsche Bank raised their price target on shares of Energizer from $64.00 to $68.00 and gave the company a “hold” rating in a research note on Thursday, August 16th. Jefferies Financial Group raised shares of Energizer to a “buy” rating and set a $80.00 price target on the stock in a research note on Thursday, July 19th. ValuEngine lowered shares of Energizer from a “buy” rating to a “hold” rating in a research note on Thursday, September 27th. Zacks Investment Research raised shares of Energizer from a “sell” rating to a “hold” rating in a research note on Monday, July 23rd. Finally, Bank of America raised their price target on shares of Energizer from $62.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, July 16th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $68.20.
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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 and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid products.
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