Dynamic Technology Lab Private Ltd Invests $663,000 in The Pennant Group, Inc. $PNTG

Dynamic Technology Lab Private Ltd purchased a new position in shares of The Pennant Group, Inc. (NASDAQ:PNTG) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 26,290 shares of the company’s stock, valued at approximately $663,000.

A number of other hedge funds have also added to or reduced their stakes in PNTG. Royal Bank of Canada lifted its stake in The Pennant Group by 174.5% during the first quarter. Royal Bank of Canada now owns 27,290 shares of the company’s stock worth $687,000 after purchasing an additional 17,347 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of The Pennant Group by 32.6% in the 1st quarter. AQR Capital Management LLC now owns 10,255 shares of the company’s stock valued at $258,000 after purchasing an additional 2,524 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of The Pennant Group by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company’s stock worth $488,000 after buying an additional 857 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of The Pennant Group by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 81,392 shares of the company’s stock worth $2,047,000 after buying an additional 3,507 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of The Pennant Group during the 1st quarter worth $297,000. 85.88% of the stock is owned by institutional investors.

The Pennant Group Stock Performance

NASDAQ:PNTG opened at $34.44 on Tuesday. The company has a market capitalization of $1.19 billion, a PE ratio of 41.49, a P/E/G ratio of 2.33 and a beta of 1.23. The company has a 50 day simple moving average of $30.40 and a two-hundred day simple moving average of $27.56. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.14 and a current ratio of 1.14. The Pennant Group, Inc. has a fifty-two week low of $21.73 and a fifty-two week high of $35.00.

The Pennant Group (NASDAQ:PNTG) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The Pennant Group had a net margin of 3.12% and a return on equity of 10.10%. The firm had revenue of $289.32 million for the quarter, compared to the consensus estimate of $275.20 million. The Pennant Group has set its FY 2026 guidance at 1.260-1.360 EPS. Research analysts anticipate that The Pennant Group, Inc. will post 0.75 earnings per share for the current year.

Analyst Upgrades and Downgrades

PNTG has been the subject of a number of research reports. Royal Bank Of Canada increased their target price on shares of The Pennant Group from $39.00 to $41.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Wells Fargo & Company lifted their price target on shares of The Pennant Group from $31.00 to $38.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Zacks Research downgraded shares of The Pennant Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. William Blair began coverage on shares of The Pennant Group in a research note on Monday, December 8th. They set an “outperform” rating on the stock. Finally, Wall Street Zen upgraded shares of The Pennant Group from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $36.60.

About The Pennant Group

The Pennant Group (NASDAQ: PNTG) is a publicly traded holding company that provides specialized services to the asset management industry. Through its operating subsidiaries, the company delivers outsourced fund administration, securities lending, prime brokerage, and capital markets solutions designed to support hedge funds, private equity firms, mutual funds and other institutional investors. By leveraging a combination of technology platforms and industry expertise, The Pennant Group helps clients streamline middle- and back-office processes, enhance operational efficiency and manage regulatory requirements.

Key service offerings include fund accounting and reporting, trade settlement and reconciliation, risk monitoring, securities lending programs and execution support across a range of asset classes.