Nisa Investment Advisors LLC Sells 816 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Nisa Investment Advisors LLC lowered its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,430 shares of the company’s stock after selling 816 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Energizer were worth $616,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in shares of Energizer by 2.0% in the second quarter. Envestnet Asset Management Inc. now owns 14,873 shares of the company’s stock valued at $499,000 after purchasing an additional 285 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Energizer by 2.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 16,695 shares of the company’s stock worth $535,000 after acquiring an additional 324 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in Energizer by 2.0% during the third quarter. Thrivent Financial for Lutherans now owns 17,539 shares of the company’s stock worth $441,000 after acquiring an additional 342 shares in the last quarter. Yousif Capital Management LLC raised its stake in Energizer by 1.1% during the third quarter. Yousif Capital Management LLC now owns 32,980 shares of the company’s stock worth $1,057,000 after acquiring an additional 353 shares in the last quarter. Finally, Signaturefd LLC raised its stake in Energizer by 35.3% during the third quarter. Signaturefd LLC now owns 1,384 shares of the company’s stock worth $44,000 after acquiring an additional 361 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ENR has been the subject of several recent analyst reports. StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a research note on Wednesday, February 7th. Barclays decreased their price target on Energizer from $36.00 to $32.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $35.00.

Energizer Price Performance

Energizer stock opened at $27.39 on Wednesday. The company has a debt-to-equity ratio of 19.36, a quick ratio of 1.15 and a current ratio of 2.03. Energizer Holdings, Inc. has a 52 week low of $26.92 and a 52 week high of $37.32. The stock has a market capitalization of $1.97 billion, a P/E ratio of 21.23 and a beta of 1.06. The stock has a fifty day moving average of $28.91 and a 200-day moving average of $30.72.

Energizer (NYSE:ENR) last released its quarterly earnings results on Tuesday, February 6th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. Energizer had a return on equity of 123.29% and a net margin of 3.21%. The firm had revenue of $716.60 million for the quarter, compared to analyst estimates of $710.73 million. During the same quarter in the previous year, the company posted $0.72 EPS. The business’s revenue was down 6.3% on a year-over-year basis. On average, sell-side analysts expect that Energizer Holdings, Inc. will post 3.21 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend was Tuesday, February 20th. Energizer’s dividend payout ratio (DPR) is presently 93.02%.

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.