Proficio Capital Partners LLC Invests $411,000 in Energizer Holdings, Inc. (NYSE:ENR)

Proficio Capital Partners LLC bought a new position in Energizer Holdings, Inc. (NYSE:ENR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,793 shares of the company’s stock, valued at approximately $411,000.

Several other large investors have also made changes to their positions in ENR. US Bancorp DE grew its holdings in Energizer by 1.6% during the 3rd quarter. US Bancorp DE now owns 19,593 shares of the company’s stock worth $622,000 after acquiring an additional 308 shares during the last quarter. GAMMA Investing LLC grew its holdings in Energizer by 86.4% during the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock worth $27,000 after acquiring an additional 356 shares during the last quarter. Avior Wealth Management LLC grew its holdings in Energizer by 22.4% during the 3rd quarter. Avior Wealth Management LLC now owns 2,058 shares of the company’s stock worth $65,000 after acquiring an additional 376 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in Energizer by 4.2% during the 4th quarter. Sanctuary Advisors LLC now owns 9,800 shares of the company’s stock worth $335,000 after acquiring an additional 392 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its holdings in Energizer by 5.0% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 10,226 shares of the company’s stock worth $357,000 after acquiring an additional 485 shares during the last quarter. Institutional investors own 93.74% of the company’s stock.

Energizer Price Performance

NYSE:ENR opened at $31.19 on Tuesday. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $39.51. The company has a current ratio of 1.80, a quick ratio of 0.94 and a debt-to-equity ratio of 22.17. The firm has a fifty day simple moving average of $32.98 and a 200 day simple moving average of $33.23. The stock has a market capitalization of $2.25 billion, a PE ratio of 39.48 and a beta of 1.09.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.03. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The business had revenue of $731.70 million during the quarter, compared to analysts’ expectations of $726.23 million. During the same period last year, the business earned $0.59 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. On average, research analysts expect that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, February 20th. Energizer’s dividend payout ratio is 151.90%.

Analyst Upgrades and Downgrades

ENR has been the topic of a number of research reports. Canaccord Genuity Group upped their target price on shares of Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. Barclays downgraded shares of Energizer from an “overweight” rating to an “equal weight” rating and upped their target price for the company from $34.00 to $36.00 in a research report on Wednesday, November 20th. JPMorgan Chase & Co. cut their target price on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. UBS Group cut their target price on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $38.00 target price on shares of Energizer in a research report on Thursday, January 30th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Energizer has an average rating of “Hold” and a consensus target price of $38.38.

Energizer 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.