Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lowered its position in Energizer Holdings, Inc. (NYSE:ENR) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,500 shares of the company’s stock after selling 806 shares during the quarter. Thrivent Financial for Lutherans owned about 0.07% of Energizer worth $1,762,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ENR. GAMMA Investing LLC increased its holdings in shares of Energizer by 86.4% during the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock worth $27,000 after buying an additional 356 shares during the last quarter. Neo Ivy Capital Management purchased a new position in Energizer in the third quarter worth approximately $30,000. Quarry LP acquired a new stake in Energizer during the third quarter worth $39,000. Smartleaf Asset Management LLC raised its position in Energizer by 94.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company’s stock valued at $54,000 after purchasing an additional 753 shares during the period. Finally, Central Pacific Bank Trust Division lifted its stake in shares of Energizer by 750.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company’s stock valued at $59,000 after purchasing an additional 1,500 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Energizer Stock Performance

NYSE:ENR opened at $29.68 on Friday. Energizer Holdings, Inc. has a 52 week low of $26.92 and a 52 week high of $39.52. The company has a fifty day simple moving average of $31.46 and a two-hundred day simple moving average of $33.08. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 37.57 and a beta of 1.09.

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

Energizer Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 20th were issued a $0.30 dividend. The ex-dividend date was Thursday, February 20th. This represents a $1.20 annualized dividend and a yield of 4.04%. Energizer’s dividend payout ratio (DPR) is 151.90%.

Analyst Upgrades and Downgrades

ENR has been the subject of a number of recent analyst reports. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Barclays reduced their price target on shares of Energizer from $36.00 to $32.00 and set an “equal weight” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. lowered their price objective on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. UBS Group cut their target price on 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 price target on shares of Energizer in a research report on Thursday, January 30th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $37.88.

About Energizer

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.