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.
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.
ILLEGAL ACTIVITY WARNING: “California State Teachers Retirement System Sells 10,454 Shares of Energizer Holdings Inc (ENR)” was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.chaffeybreeze.com/2018/01/05/california-state-teachers-retirement-system-sells-10454-shares-of-energizer-holdings-inc-enr.html.
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.
Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.