Bank of America Corp DE Sells 93,457 Shares of Energizer Holdings Inc (NYSE:ENR)

Bank of America Corp DE cut its holdings in shares of Energizer Holdings Inc (NYSE:ENR) by 10.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 833,305 shares of the company’s stock after selling 93,457 shares during the quarter. Bank of America Corp DE owned about 1.19% of Energizer worth $37,623,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ENR. CX Institutional acquired a new stake in shares of Energizer during the 4th quarter worth about $51,000. Parkside Financial Bank & Trust raised its position in shares of Energizer by 20.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,250 shares of the company’s stock worth $57,000 after acquiring an additional 215 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in shares of Energizer during the 3rd quarter worth about $100,000. Eukles Asset Management acquired a new stake in shares of Energizer during the 4th quarter worth about $98,000. Finally, NumerixS Investment Technologies Inc grew its stake in Energizer by 500.0% during the 4th quarter. NumerixS Investment Technologies Inc now owns 2,400 shares of the company’s stock worth $108,000 after buying an additional 2,000 shares during the last quarter. Institutional investors and hedge funds own 79.43% of the company’s stock.

A number of research analysts recently issued reports on ENR shares. ValuEngine downgraded Energizer from a “hold” rating to a “sell” rating in a research note on Tuesday, January 22nd. Jefferies Financial Group restated a “buy” rating and set a $64.00 price target on shares of Energizer in a research note on Tuesday, January 15th. Zacks Investment Research downgraded Energizer from a “hold” rating to a “sell” rating in a research note on Wednesday, January 16th. Barclays reiterated a “buy” rating and issued a $54.00 target price on shares of Energizer in a research note on Sunday, March 3rd. Finally, Evercore ISI assumed coverage on Energizer in a research note on Tuesday, February 12th. They issued an “outperform” rating and a $55.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $58.42.

ENR stock traded up $0.37 during midday trading on Friday, hitting $48.51. 315,395 shares of the stock were exchanged, compared to its average volume of 541,911. The stock has a market cap of $3.39 billion, a PE ratio of 14.39, a P/E/G ratio of 3.96 and a beta of 0.48. Energizer Holdings Inc has a fifty-two week low of $42.74 and a fifty-two week high of $65.57. The company has a debt-to-equity ratio of 13.86, a quick ratio of 1.10 and a current ratio of 1.45.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, February 5th. The company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.11. Energizer had a return on equity of 452.08% and a net margin of 5.78%. The firm had revenue of $572.00 million during the quarter, compared to analysts’ expectations of $572.02 million. During the same period in the previous year, the firm posted $1.55 earnings per share. Energizer’s revenue was down .2% on a year-over-year basis. As a group, equities research analysts predict that Energizer Holdings Inc will post 3 earnings per share for the current year.

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Energizer Profile

Energizer Holdings, Inc manufacturers and markets batteries and lighting products. The company’s products include household batteries, specialty batteries, and portable lighting. Energizer Holdings was founded in 2000 and is headquartered in St. Louis, MO.

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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