California State Teachers Retirement System Sells 10,454 Shares of Energizer Holdings Inc (ENR)

California State Teachers Retirement System trimmed its holdings in Energizer Holdings Inc (NYSE:ENR) by 9.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 98,610 shares of the company’s stock after selling 10,454 shares during the period. California State Teachers Retirement System owned 0.16% of Energizer worth $4,541,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. DORCHESTER WEALTH MANAGEMENT Co acquired a new stake in shares of Energizer in the third quarter valued at about $4,743,000. Timpani Capital Management LLC acquired a new stake in shares of Energizer in the second quarter valued at about $1,059,000. State Street Corp increased its position in Energizer by 1.9% during the second quarter. State Street Corp now owns 1,787,608 shares of the company’s stock worth $85,841,000 after purchasing an additional 33,625 shares during the last quarter. American Century Companies Inc. increased its position in Energizer by 425.5% during the third quarter. American Century Companies Inc. now owns 641,214 shares of the company’s stock worth $29,528,000 after purchasing an additional 519,184 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Energizer by 2.3% during the third quarter. Bank of New York Mellon Corp now owns 824,888 shares of the company’s stock worth $37,986,000 after purchasing an additional 18,881 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Energizer Holdings Inc (NYSE ENR) opened at $51.05 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.75 and a debt-to-equity ratio of 11.50. Energizer Holdings Inc has a 12 month low of $40.64 and a 12 month high of $60.07. The company has a market cap of $3,070.00 and a P/E ratio of 15.90.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. Energizer had a net margin of 7.33% and a return on equity of 158.95%. The company had revenue of $465.00 million during the quarter, compared to the consensus estimate of $437.36 million. During the same quarter in the previous year, the firm earned $0.54 earnings per share. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. sell-side analysts expect that Energizer Holdings Inc will post 3.05 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 14th. Investors of record on Thursday, November 30th were paid a $0.29 dividend. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $1.16 dividend on an annualized basis and a yield of 2.27%. This is an increase from Energizer’s previous quarterly dividend of $0.28. Energizer’s payout ratio is currently 36.14%.

ENR has been the subject of several recent analyst reports. Off Wall Street initiated coverage on shares of Energizer in a research report on Monday, October 30th. They set a “sell” rating for the company. Morgan Stanley cut their price objective on shares of Energizer from $53.00 to $50.00 and set an “equal weight” rating for the company in a research report on Thursday, November 9th. Zacks Investment Research cut shares of Energizer from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Citigroup dropped their price target on shares of Energizer from $54.00 to $52.00 and set a “buy” rating for the company in a research report on Friday, November 10th. Finally, Jefferies Group reiterated a “hold” rating and set a $47.00 price target on shares of Energizer in a research report on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $51.88.

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Energizer Profile

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.

Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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