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Energizer Holdings Inc. (ENR), Anadarko Petroleum Corporation (APC): Hedge Fund Giovine Capital Loves These Stocks; Should You?

The best of the rest

A newcomer to Giovine’s holdings is Hess Corporation (NYSE:HES). The fund opened a position of 160,000 shares, valued $11.458 million, during the first quarter. Analysts estimate an annual EPS of $6.29 will be reached this year, while trailing EPS ($8.08) is significantly higher than this mark. Somewhat expectedly, then, the stock has trailing and forward P/E ratios of 8.57 and 11.59, respectively. This valuation is indicative of attractive multiples, but investors should be aware of possible earnings declination. Still, Hess Corporation (NYSE:HES)’s stock price has advanced a whopping 46.16% over the last twelve months, and analysts have a mean recommendation of 2.3.

Fifth and final on the list isEnergizer Holdings Inc. (NYSE:ENR), with the fund decreasing its holdingsby 50,000 shares to 110,000 during the first quarter; the value of the position was 14.28% lower at $10.970 million. The price of Energizer Holdings Inc. (NYSE:ENR) has increased by more than a third during the last 52 weeks,and its stock has a beta of 0.95. Energizer Holdings Inc. (NYSE:ENR) has a profit margin of 8.82% and a trailing diluted EPS of $6.30.

Disclosure: none

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