R Squared Ltd Purchases Shares of 2,340 Energizer Holdings, Inc. (NYSE:ENR)

R Squared Ltd bought a new position in Energizer Holdings, Inc. (NYSE:ENR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,340 shares of the company’s stock, valued at approximately $82,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its holdings in shares of Energizer by 2.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock worth $29,587,000 after buying an additional 19,836 shares during the period. Inspire Investing LLC grew its stake in Energizer by 166.3% during the 4th quarter. Inspire Investing LLC now owns 34,692 shares of the company’s stock valued at $1,210,000 after acquiring an additional 21,667 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Energizer in the 3rd quarter valued at about $584,000. Seizert Capital Partners LLC lifted its position in shares of Energizer by 29.0% in the third quarter. Seizert Capital Partners LLC now owns 181,773 shares of the company’s stock worth $5,773,000 after purchasing an additional 40,891 shares in the last quarter. Finally, Clarkston Capital Partners LLC boosted its holdings in shares of Energizer by 12.6% during the third quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock worth $151,660,000 after purchasing an additional 533,831 shares during the period. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Insider Transactions at Energizer

In other news, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the transaction, the vice president now directly owns 4,635 shares of the company’s stock, valued at approximately $178,401.15. This represents a 37.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Robin Vauth sold 1,978 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total value of $71,148.66. Following the completion of the sale, the executive vice president now directly owns 5,758 shares in the company, valued at approximately $207,115.26. This represents a 25.57 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,860 shares of company stock valued at $334,694. 0.98% of the stock is owned by corporate insiders.

Energizer Trading Down 0.5 %

Shares of ENR stock opened at $33.98 on Friday. Energizer Holdings, Inc. has a 12 month low of $26.92 and a 12 month high of $39.51. The company has a market cap of $2.45 billion, a PE ratio of 65.35 and a beta of 1.07. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51. The business’s 50 day moving average is $35.92 and its two-hundred day moving average is $32.99.

Energizer Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a $0.30 dividend. The ex-dividend date is Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.53%. Energizer’s dividend payout ratio is currently 230.77%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Barclays downgraded shares of Energizer from an “overweight” rating to an “equal weight” rating and increased their target price for the stock from $34.00 to $36.00 in a research report on Wednesday, November 20th. StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a report on Friday, January 17th. Canaccord Genuity Group boosted their target price on Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. cut their price target on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Finally, Morgan Stanley boosted their price target on Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 20th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock presently 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.