GSA Capital Partners LLP cut its stake in Energizer Holdings, Inc. (NYSE:EPC) by 72.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,575 shares of the company’s stock after selling 9,555 shares during the period. GSA Capital Partners LLP’s holdings in Energizer Holdings were worth $272,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Energizer Holdings by 1.1% in the first quarter. Vanguard Group Inc. now owns 4,833,338 shares of the company’s stock valued at $353,510,000 after acquiring an additional 51,079 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Energizer Holdings by 8.5% in the second quarter. JPMorgan Chase & Co. now owns 3,057,051 shares of the company’s stock valued at $232,397,000 after acquiring an additional 238,452 shares during the last quarter. State Street Corp boosted its holdings in Energizer Holdings by 1.9% in the first quarter. State Street Corp now owns 2,232,629 shares of the company’s stock valued at $163,299,000 after acquiring an additional 42,194 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in Energizer Holdings by 7.6% in the second quarter. Gamco Investors INC. ET AL now owns 2,077,605 shares of the company’s stock valued at $157,940,000 after acquiring an additional 146,860 shares during the last quarter. Finally, Janus Capital Management LLC boosted its holdings in Energizer Holdings by 6.5% in the first quarter. Janus Capital Management LLC now owns 618,308 shares of the company’s stock valued at $45,224,000 after acquiring an additional 37,915 shares during the last quarter. Institutional investors and hedge funds own 89.60% of the company’s stock.
EPC has been the topic of several analyst reports. Citigroup Inc. reiterated a “buy” rating and issued a $87.00 target price (up from $86.00) on shares of Energizer Holdings in a report on Friday, August 11th. Royal Bank Of Canada reiterated a “buy” rating and issued a $105.00 target price on shares of Energizer Holdings in a report on Sunday, July 16th. Zacks Investment Research upgraded Energizer Holdings from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Tuesday, July 4th. TheStreet lowered Energizer Holdings from a “b-” rating to a “c+” rating in a research note on Wednesday, July 12th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $78.00 price target (up from $77.00) on shares of Energizer Holdings in a research note on Thursday, August 10th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $84.44.
Shares of Energizer Holdings, Inc. (NYSE:EPC) traded down 0.87% during trading on Friday, hitting $65.01. The stock had a trading volume of 792,707 shares. The firm has a 50 day moving average price of $71.88 and a 200-day moving average price of $73.26. Energizer Holdings, Inc. has a 52 week low of $64.25 and a 52 week high of $84.45. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 18.30 and a beta of 0.94.
Energizer Holdings (NYSE:EPC) last announced its earnings results on Tuesday, August 8th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.31. Energizer Holdings had a return on equity of 12.71% and a net margin of 8.80%. The business had revenue of $637.50 million for the quarter, compared to analysts’ expectations of $648.13 million. During the same quarter last year, the firm earned $0.66 EPS. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, equities research analysts forecast that Energizer Holdings, Inc. will post $3.97 EPS for the current fiscal year.
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About Energizer Holdings
Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.
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