Marshall Wace North America L.P. bought a new stake in Energizer Holdings, Inc. (NYSE:EPC) during the first quarter, according to its most recent disclosure with the SEC. The fund bought 7,120 shares of the company’s stock, valued at approximately $520,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in EPC. MARSHALL WACE ASIA Ltd purchased a new stake in Energizer Holdings during the first quarter valued at $690,000. Thrivent Financial For Lutherans increased its stake in Energizer Holdings by 9.4% in the first quarter. Thrivent Financial For Lutherans now owns 10,840 shares of the company’s stock valued at $793,000 after buying an additional 930 shares during the last quarter. Legal & General Group Plc increased its stake in Energizer Holdings by 7.6% in the first quarter. Legal & General Group Plc now owns 275,609 shares of the company’s stock valued at $20,159,000 after buying an additional 19,352 shares during the last quarter. Teachers Advisors LLC increased its stake in Energizer Holdings by 5.0% in the first quarter. Teachers Advisors LLC now owns 64,333 shares of the company’s stock valued at $4,705,000 after buying an additional 3,074 shares during the last quarter. Finally, Advantus Capital Management Inc increased its stake in Energizer Holdings by 2.3% in the first quarter. Advantus Capital Management Inc now owns 7,351 shares of the company’s stock valued at $538,000 after buying an additional 162 shares during the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.
Shares of Energizer Holdings, Inc. (NYSE EPC) traded down 1.22% on Friday, reaching $71.88. The company had a trading volume of 383,804 shares. Energizer Holdings, Inc. has a 1-year low of $69.63 and a 1-year high of $84.61. The firm has a 50-day moving average price of $74.51 and a 200 day moving average price of $74.54. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 22.34 and a beta of 0.97.
Energizer Holdings (NYSE:EPC) last issued its quarterly earnings data on Tuesday, May 2nd. The company reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.09. Energizer Holdings had a return on equity of 11.44% and a net margin of 8.00%. The firm had revenue of $611 million during the quarter, compared to the consensus estimate of $608.13 million. During the same period in the previous year, the firm posted $1.17 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year. Equities research analysts predict that Energizer Holdings, Inc. will post $3.84 earnings per share for the current year.
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Several equities analysts have recently issued reports on the company. Zacks Investment Research raised Energizer Holdings from a “sell” rating to a “hold” rating in a report on Friday, May 5th. Societe Generale raised Energizer Holdings from a “hold” rating to a “buy” rating and upped their price target for the stock from $83.00 to $90.00 in a report on Thursday, June 22nd. Deutsche Bank AG reiterated a “hold” rating and set a $77.00 price objective (up from $74.00) on shares of Energizer Holdings in a research note on Wednesday, May 3rd. Jefferies Group LLC dropped their price target on Energizer Holdings from $78.00 to $73.00 and set a “hold” rating for the company in a research report on Wednesday, April 19th. Finally, BidaskClub lowered Energizer Holdings from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $84.78.
About Energizer Holdings
Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.
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