State of Wyoming Has $557,000 Stake in Enhabit, Inc. (NYSE:EHAB)

State of Wyoming boosted its holdings in shares of Enhabit, Inc. (NYSE:EHAB - Free Report) by 95.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,307 shares of the company's stock after purchasing an additional 34,861 shares during the quarter. State of Wyoming owned about 0.14% of Enhabit worth $557,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in EHAB. Quantbot Technologies LP bought a new stake in Enhabit during the 4th quarter valued at approximately $45,000. Group One Trading LLC boosted its stake in Enhabit by 248.3% during the 4th quarter. Group One Trading LLC now owns 7,746 shares of the company's stock valued at $60,000 after purchasing an additional 5,522 shares during the period. Corient Private Wealth LLC bought a new stake in Enhabit during the 4th quarter valued at approximately $79,000. Quarry LP boosted its stake in Enhabit by 692.6% during the 4th quarter. Quarry LP now owns 10,811 shares of the company's stock valued at $84,000 after purchasing an additional 9,447 shares during the period. Finally, Stoneridge Investment Partners LLC raised its holdings in Enhabit by 22.6% in the 4th quarter. Stoneridge Investment Partners LLC now owns 12,533 shares of the company's stock valued at $98,000 after acquiring an additional 2,308 shares in the last quarter.

Enhabit Stock Performance

Enhabit stock traded down $0.04 during trading hours on Friday, hitting $10.22. The stock had a trading volume of 209,368 shares, compared to its average volume of 455,843. The company has a 50-day moving average of $8.70 and a two-hundred day moving average of $8.31. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.85. The company has a market cap of $517.31 million, a PE ratio of -4.40 and a beta of 1.61. Enhabit, Inc. has a fifty-two week low of $6.85 and a fifty-two week high of $10.79.

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, beating the consensus estimate of $0.07 by $0.03. The firm had revenue of $259.90 million during 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%. On average, equities research analysts anticipate that Enhabit, Inc. will post 0.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a "buy" rating on shares of Enhabit in a report on Thursday, March 6th.

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.