Exane Derivatives trimmed its holdings in EnerSys (NYSE:ENS – Get Rating) by 34.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,153 shares of the industrial products company's stock after selling 1,628 shares during the quarter. Exane Derivatives' holdings in EnerSys were worth $186,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in ENS. IMA Wealth Inc. purchased a new stake in EnerSys in the fourth quarter valued at $28,000. Point72 Hong Kong Ltd purchased a new stake in shares of EnerSys during the 4th quarter worth about $28,000. Quantbot Technologies LP purchased a new stake in shares of EnerSys during the 1st quarter worth about $60,000. Covestor Ltd boosted its stake in shares of EnerSys by 58.2% during the 1st quarter. Covestor Ltd now owns 930 shares of the industrial products company's stock worth $69,000 after acquiring an additional 342 shares in the last quarter. Finally, US Asset Management LLC purchased a new stake in shares of EnerSys during the 1st quarter worth about $97,000. 95.62% of the stock is owned by hedge funds and other institutional investors.

EnerSys Stock Down 1.8 %

ENS opened at $62.44 on Wednesday. EnerSys has a twelve month low of $55.60 and a twelve month high of $86.82. The company has a quick ratio of 1.88, a current ratio of 3.07 and a debt-to-equity ratio of 0.96. The company has a 50-day moving average price of $64.84 and a 200 day moving average price of $66.35. The company has a market cap of $2.54 billion, a PE ratio of 20.21, a price-to-earnings-growth ratio of 1.31 and a beta of 1.39.

EnerSys Announces Dividend

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ENS shares. William Blair reissued an "outperform" rating on shares of EnerSys in a research note on Monday, August 15th. StockNews.com raised shares of EnerSys from a "hold" rating to a "buy" rating in a research note on Friday, September 9th. Finally, Oppenheimer lowered their target price on shares of EnerSys from $88.00 to $80.00 and set an "outperform" rating on the stock in a research note on Friday, May 27th.

About EnerSys

(Get Rating)

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.

See Also

• Get a free copy of the StockNews.com research report on EnerSys (ENS)
• 3 Airline Stocks Stuck in a Holding Pattern
• Roku Stock is Down but Not Out
• If You're Hungry for Value, Take a Bite on Ruth's Hospitality Grp
• Is Ford Rolling To A Rebound After Its Q3 Warning
• Has AMD stock stock fallen too far?

Want to see what other hedge funds are holding ENS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EnerSys (NYSE:ENS – Get Rating).

Receive News & Ratings for EnerSys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnerSys and related companies with MarketBeat.com's FREE daily email newsletter.