25,339 Shares in Enhabit, Inc. (NYSE:EHAB) Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets acquired a new stake in Enhabit, Inc. (NYSE:EHAB - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 25,339 shares of the company's stock, valued at approximately $198,000. BNP Paribas Financial Markets owned about 0.05% of Enhabit as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Empowered Funds LLC increased its stake in Enhabit by 5.0% in the fourth quarter. Empowered Funds LLC now owns 175,824 shares of the company's stock valued at $1,373,000 after acquiring an additional 8,448 shares during the last quarter. Stoneridge Investment Partners LLC raised its holdings in Enhabit by 22.6% in the fourth quarter. Stoneridge Investment Partners LLC now owns 12,533 shares of the company's stock worth $98,000 after purchasing an additional 2,308 shares in the last quarter. Rhumbline Advisers boosted its stake in Enhabit by 2.8% during the fourth quarter. Rhumbline Advisers now owns 80,760 shares of the company's stock worth $631,000 after acquiring an additional 2,211 shares in the last quarter. Paradice Investment Management LLC boosted its holdings in Enhabit by 12.8% in the fourth quarter. Paradice Investment Management LLC now owns 1,780,113 shares of the company's stock worth $13,903,000 after acquiring an additional 201,997 shares in the last quarter. Finally, Versor Investments LP raised its holdings in Enhabit by 135.0% in the fourth quarter. Versor Investments LP now owns 28,900 shares of the company's stock worth $226,000 after buying an additional 16,600 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a "buy" rating on shares of Enhabit in a research note on Thursday, March 6th.

Enhabit Stock Performance

EHAB traded down $0.01 during midday trading on Tuesday, reaching $10.36. The company had a trading volume of 35,521 shares, compared to its average volume of 454,157. The business has a 50-day moving average of $8.86 and a two-hundred day moving average of $8.42. The company has a market cap of $524.60 million, a P/E ratio of -4.47 and a beta of 1.61. Enhabit, Inc. has a 1 year low of $6.85 and a 1 year high of $10.79. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.85.

Enhabit (NYSE:EHAB - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.03. The company had revenue of $259.90 million for the quarter, compared to analysts' expectations of $266.11 million. Enhabit had a positive return on equity of 1.67% and a negative net margin of 11.24%. As a group, equities research analysts predict that Enhabit, Inc. will post 0.22 earnings per share for the current fiscal year.

About Enhabit

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.