330,558 Shares in Ensco Plc (ESV) Acquired by Wasatch Advisors Inc.

Wasatch Advisors Inc. purchased a new position in shares of Ensco Plc (NYSE:ESV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 330,558 shares of the offshore drilling services provider’s stock, valued at approximately $1,954,000. Wasatch Advisors Inc. owned approximately 0.06% of Ensco as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in ESV. BlackRock Inc. increased its holdings in Ensco by 25.3% during the 2nd quarter. BlackRock Inc. now owns 32,777,289 shares of the offshore drilling services provider’s stock worth $169,130,000 after purchasing an additional 6,612,735 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Ensco by 170.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 16,775,071 shares of the offshore drilling services provider’s stock valued at $86,564,000 after acquiring an additional 10,568,874 shares during the last quarter. Capital International Investors increased its holdings in shares of Ensco by 49.1% in the 3rd quarter. Capital International Investors now owns 15,811,810 shares of the offshore drilling services provider’s stock valued at $94,397,000 after acquiring an additional 5,205,307 shares during the last quarter. Capital Guardian Trust Co. increased its holdings in shares of Ensco by 22.9% in the 3rd quarter. Capital Guardian Trust Co. now owns 13,074,290 shares of the offshore drilling services provider’s stock valued at $78,054,000 after acquiring an additional 2,437,145 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of Ensco by 1.6% in the 2nd quarter. State Street Corp now owns 12,112,020 shares of the offshore drilling services provider’s stock valued at $62,497,000 after acquiring an additional 192,165 shares during the last quarter. 76.80% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently commented on ESV shares. started coverage on Ensco in a research note on Thursday, October 19th. They set a “buy” rating and a $7.30 price objective for the company. Piper Jaffray Companies restated a “buy” rating and set a $6.10 price objective on shares of Ensco in a research note on Sunday, October 22nd. Zacks Investment Research upgraded Ensco from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. Jefferies Group set a $6.00 price objective on Ensco and gave the stock a “hold” rating in a research note on Thursday, January 4th. Finally, FBR & Co restated a “hold” rating on shares of Ensco in a research note on Thursday, October 19th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $7.52.

Shares of Ensco Plc (NYSE ESV) traded down $0.01 during trading on Friday, hitting $4.91. The stock had a trading volume of 21,233,306 shares, compared to its average volume of 14,470,000. The company has a debt-to-equity ratio of 0.58, a quick ratio of 5.04 and a current ratio of 5.04. The firm has a market capitalization of $2,140.00, a price-to-earnings ratio of -21.35 and a beta of 1.74. Ensco Plc has a twelve month low of $4.10 and a twelve month high of $11.26.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece can be viewed at https://ledgergazette.com/2018/02/12/330558-shares-in-ensco-plc-esv-purchased-by-wasatch-advisors-inc.html.

Ensco 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.

Institutional Ownership by Quarter for Ensco (NYSE:ESV)

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

Leave a Reply