Rex Capital Advisors Lowers stake in Energizer Holdings Inc (ENR)

Energizer Holdings Inc (ENR) : Rex Capital Advisors reduced its stake in Energizer Holdings Inc by 40.97% during the most recent quarter end. The investment management company now holds a total of 4,629 shares of Energizer Holdings Inc which is valued at $233,811 after selling 3,213 shares in Energizer Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Energizer Holdings Inc makes up approximately 0.23% of Rex Capital Advisors’s portfolio.

Other Hedge Funds, Including , State Of Wisconsin Investment Board reduced its stake in ENR by selling 3,380 shares or 2.11% in the most recent quarter. The Hedge Fund company now holds 157,061 shares of ENR which is valued at $7,933,151. Energizer Holdings Inc makes up approx 0.03% of State Of Wisconsin Investment Board’s portfolio. Financial Counselors Inc sold out all of its stake in ENR during the most recent quarter. The investment firm sold 5,367 shares of ENR which is valued $270,819.Creative Planning boosted its stake in ENR in the latest quarter, The investment management firm added 230 additional shares and now holds a total of 1,938 shares of Energizer Holdings Inc which is valued at $96,532.

Energizer Holdings Inc closed down -0.19 points or -0.38% at $49.34 with 5,92,229 shares getting traded on Tuesday. Post opening the session at $49.7, the shares hit an intraday low of $48.78 and an intraday high of $50.27 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Energizer Holdings Inc reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.30. The company had revenue of $361.00 million for the quarter, compared to analysts expectations of $358.02 million. The company’s revenue was down -3.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.64 EPS.

Many Wall Street Analysts have commented on Energizer Holdings Inc. Company shares were Downgraded by Goldman on Jul 12, 2016 to ” Neutral”, Firm has raised the Price Target to $ 52 from a previous price target of $50 .Shares were Reiterated by Jefferies on Jul 7, 2016 to “Hold” and Lowered the Price Target to $ 48 from a previous price target of $50 .Company shares were Reiterated by Jefferies on May 25, 2016 to “Hold”, Firm has raised the Price Target to $ 50 from a previous price target of $45 .

Energizer Holdings Inc. formerly Energizer SpinCo Inc. manufactures and markets batteries and portable lighting products. The Company is focused on household products business. The Company’s brands include Energizer and Eveready. In addition to the Energizer and Eveready brands the Company also markets its flashlights under the Hard Case Dolphin and Weather Ready sub-brands. Its products include Schick and Wilkinson Sword men’s and women’s shaving systems and disposables; Edge and Skintimate shave preparations; Playtex tampons gloves and infant feeding products; Banana Boat and Hawaiian Tropic sun care products and Wet Ones moist wipes. The Company four geographic segments include North America which is comprised of the United States and Canada; Latin America which includes its markets in Mexico the Caribbean Central America and South America; Europe Middle East and Africa (EMEA) and Asia Pacific which is comprised of its markets in Asia Australia and New Zealand.

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