Ensco Plc (ESV) Stake Increased by Aperio Group LLC
Aperio Group LLC grew its position in Ensco Plc (NYSE:ESV) by 77.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 368,556 shares of the offshore drilling services provider’s stock after buying an additional 161,063 shares during the period. Aperio Group LLC owned 0.09% of Ensco Plc worth $2,200,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Ensco Plc by 0.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 47,676 shares of the offshore drilling services provider’s stock valued at $246,000 after buying an additional 143 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of Ensco Plc by 2.2% in the 1st quarter. HighTower Advisors LLC now owns 23,177 shares of the offshore drilling services provider’s stock valued at $209,000 after buying an additional 500 shares in the last quarter. Comerica Bank boosted its holdings in shares of Ensco Plc by 0.3% in the 2nd quarter. Comerica Bank now owns 259,039 shares of the offshore drilling services provider’s stock valued at $1,386,000 after buying an additional 764 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of Ensco Plc by 3.9% in the 2nd quarter. Teacher Retirement System of Texas now owns 25,029 shares of the offshore drilling services provider’s stock valued at $129,000 after buying an additional 937 shares in the last quarter. Finally, Arizona State Retirement System boosted its holdings in shares of Ensco Plc by 1.5% in the 2nd quarter. Arizona State Retirement System now owns 128,000 shares of the offshore drilling services provider’s stock valued at $660,000 after buying an additional 1,900 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.
Ensco Plc (NYSE ESV) opened at $5.90 on Tuesday. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.58. Ensco Plc has a 1-year low of $4.10 and a 1-year high of $12.04.
Ensco Plc (NYSE:ESV) last posted its earnings results on Thursday, October 26th. The offshore drilling services provider reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.11. The firm had revenue of $460.00 million during the quarter, compared to analyst estimates of $457.79 million. Ensco Plc had a negative net margin of 3.04% and a negative return on equity of 0.37%. The business’s quarterly revenue was down 16.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.28 EPS. research analysts expect that Ensco Plc will post -0.48 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Monday, December 4th will be paid a $0.01 dividend. The ex-dividend date is Friday, December 1st. This represents a $0.04 dividend on an annualized basis and a yield of 0.68%. Ensco Plc’s dividend payout ratio is currently -21.05%.
ESV has been the subject of a number of recent analyst reports. FBR & Co lowered their target price on shares of Ensco Plc from $9.00 to $6.00 and set a “neutral” rating for the company in a research note on Friday, October 27th. Nordea Equity Research reiterated a “buy” rating and issued a $8.00 target price on shares of Ensco Plc in a research note on Saturday, September 30th. Zacks Investment Research cut shares of Ensco Plc from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. Deutsche Bank AG initiated coverage on shares of Ensco Plc in a research note on Tuesday, October 10th. They issued a “hold” rating and a $6.00 target price for the company. Finally, ValuEngine upgraded shares of Ensco Plc from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $8.47.
ILLEGAL ACTIVITY NOTICE: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/11/14/ensco-plc-esv-stake-increased-by-aperio-group-llc.html.
Ensco Plc Company Profile
Ensco plc is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. Its segments include Floaters, Jackups and Other. The Floaters segment includes its drillships and semisubmersible rigs, and provides contract drilling.
Want to see what other hedge funds are holding ESV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ensco Plc (NYSE:ESV).
Receive News & Stock Ratings for Ensco Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ensco Plc and related stocks with our FREE daily email newsletter.