Walleye Capital LLC Boosts Stock Holdings in Enhabit, Inc. $EHAB

Walleye Capital LLC raised its stake in Enhabit, Inc. (NYSE:EHAB) by 199.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 117,497 shares of the company’s stock after acquiring an additional 78,232 shares during the period. Walleye Capital LLC owned approximately 0.23% of Enhabit worth $1,133,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Russell Investments Group Ltd. grew its position in shares of Enhabit by 523.1% during the second quarter. Russell Investments Group Ltd. now owns 5,795 shares of the company’s stock valued at $56,000 after purchasing an additional 4,865 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Enhabit by 110,987.5% during the first quarter. Jones Financial Companies Lllp now owns 8,887 shares of the company’s stock valued at $78,000 after buying an additional 8,879 shares during the last quarter. Strs Ohio purchased a new position in Enhabit during the 1st quarter valued at approximately $82,000. Legal & General Group Plc grew its holdings in Enhabit by 108.7% during the 2nd quarter. Legal & General Group Plc now owns 9,309 shares of the company’s stock valued at $90,000 after buying an additional 4,849 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in Enhabit in the 1st quarter worth approximately $114,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Enhabit in a research report on Monday. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Enhabit presently has an average rating of “Hold” and a consensus target price of $8.50.

Enhabit Trading Up 1.2%

Shares of EHAB stock opened at $9.71 on Thursday. The company has a market cap of $491.60 million, a PE ratio of -38.85 and a beta of 1.67. Enhabit, Inc. has a 1 year low of $6.47 and a 1 year high of $10.90. The stock’s 50 day simple moving average is $8.45 and its two-hundred day simple moving average is $8.31. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.58 and a quick ratio of 1.58.

Enhabit (NYSE:EHAB) last announced its earnings results on Wednesday, November 5th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.05. The firm had revenue of $263.60 million during the quarter, compared to analysts’ expectations of $267.08 million. Enhabit had a positive return on equity of 3.91% and a negative net margin of 1.14%.Enhabit has set its FY 2025 guidance at 0.500-0.560 EPS. Research analysts predict that Enhabit, Inc. will post 0.22 earnings per share for the current year.

Enhabit Profile

Enhabit, Inc provides home health and hospice services in the United States. Its home health services include patient education, pain management, wound care and dressing changes, cardiac rehabilitation, infusion therapy, pharmaceutical administration, and skilled observation and assessment services; practices to treat chronic diseases and conditions, including diabetes, hypertension, arthritis, Alzheimer's disease, low vision, spinal stenosis, Parkinson's disease, osteoporosis, complex wound care and chronic pain, along with disease-specific plans for patients with diabetes, congestive heart failure, post-orthopedic surgery, or injury and respiratory diseases; and physical, occupational and speech therapists provide therapy services.