Prospera Private Wealth LLC Makes New $42,000 Investment in Energizer Holdings, Inc. (NYSE:ENR)

Prospera Private Wealth LLC acquired a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,311 shares of the company’s stock, valued at approximately $42,000.

Several other hedge funds have also recently made changes to their positions in ENR. M&G Plc grew its stake in Energizer by 33.0% during the 2nd quarter. M&G Plc now owns 237,337 shares of the company’s stock valued at $7,120,000 after purchasing an additional 58,933 shares during the last quarter. Tidal Investments LLC boosted its position in Energizer by 220.3% in the first quarter. Tidal Investments LLC now owns 29,903 shares of the company’s stock valued at $880,000 after buying an additional 20,567 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Energizer by 31.4% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 107,723 shares of the company’s stock worth $3,172,000 after buying an additional 25,732 shares during the period. Gabelli Funds LLC raised its position in Energizer by 6.1% during the 2nd quarter. Gabelli Funds LLC now owns 384,650 shares of the company’s stock worth $11,363,000 after buying an additional 22,100 shares during the last quarter. Finally, Maverick Capital Ltd. lifted its stake in Energizer by 126.7% during the 2nd quarter. Maverick Capital Ltd. now owns 59,878 shares of the company’s stock valued at $1,769,000 after acquiring an additional 33,467 shares during the period. 93.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ENR shares. Royal Bank of Canada reissued a “sector perform” rating and set a $38.00 target price on shares of Energizer in a report on Wednesday, August 7th. Evercore ISI dropped their target price on Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Barclays lowered Energizer from an “overweight” rating to an “equal weight” rating and upped their price objective for the stock from $34.00 to $36.00 in a research report on Wednesday. JPMorgan Chase & Co. upgraded shares of Energizer from an “underweight” rating to a “neutral” rating and boosted their target price for the company from $32.00 to $39.00 in a research note on Wednesday. Finally, Morgan Stanley lifted their price objective on shares of Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $37.63.

Energizer Trading Up 0.6 %

Shares of Energizer stock opened at $38.31 on Friday. The company has a current ratio of 1.80, a quick ratio of 1.01 and a debt-to-equity ratio of 23.51. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $39.21. The firm has a market capitalization of $2.75 billion, a PE ratio of 73.66 and a beta of 1.04. The firm’s 50-day moving average price is $32.17 and its 200 day moving average price is $30.62.

Energizer Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio is presently 230.77%.

Insider Buying and Selling

In other Energizer news, EVP Robin Vauth sold 4,070 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.16, for a total value of $155,311.20. Following the completion of the sale, the executive vice president now owns 9,827 shares in the company, valued at approximately $374,998.32. This represents a 29.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.77% of the stock is owned by company insiders.

Energizer Company 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.