Schwab Charles Investment Management Inc. lifted its holdings in shares of Ensco Plc (NYSE:ESV) by 22.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,069,292 shares of the offshore drilling services provider’s stock after purchasing an additional 376,450 shares during the period. Schwab Charles Investment Management Inc. owned 0.47% of Ensco worth $12,354,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Ensco by 0.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 47,676 shares of the offshore drilling services provider’s stock worth $246,000 after purchasing an additional 143 shares during the period. Comerica Bank lifted its holdings in shares of Ensco by 0.3% during the second quarter. Comerica Bank now owns 259,039 shares of the offshore drilling services provider’s stock worth $1,386,000 after purchasing an additional 764 shares during the period. Teacher Retirement System of Texas lifted its holdings in shares of Ensco by 3.9% during the second quarter. Teacher Retirement System of Texas now owns 25,029 shares of the offshore drilling services provider’s stock worth $129,000 after purchasing an additional 937 shares during the period. Arizona State Retirement System lifted its holdings in shares of Ensco by 1.5% during the second quarter. Arizona State Retirement System now owns 128,000 shares of the offshore drilling services provider’s stock worth $660,000 after purchasing an additional 1,900 shares during the period. Finally, MML Investors Services LLC lifted its holdings in shares of Ensco by 1.6% during the second quarter. MML Investors Services LLC now owns 145,299 shares of the offshore drilling services provider’s stock worth $750,000 after purchasing an additional 2,254 shares during the period. Institutional investors own 76.80% of the company’s stock.

Shares of Ensco Plc (ESV) opened at $5.86 on Wednesday. Ensco Plc has a 52 week low of $4.10 and a 52 week high of $12.04. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.58. The firm has a market cap of $2,476.59, a price-to-earnings ratio of -30.84 and a beta of 1.82.

Ensco (NYSE:ESV) last posted its quarterly earnings results on Thursday, October 26th. The offshore drilling services provider reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.11. Ensco had a negative net margin of 3.04% and a negative return on equity of 0.37%. The firm had revenue of $460.00 million during the quarter, compared to the consensus estimate of $457.79 million. During the same period in the previous year, the firm posted $0.28 earnings per share. The business’s revenue was down 16.1% compared to the same quarter last year. equities research analysts predict that Ensco Plc will post -0.54 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Monday, December 4th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend was Friday, December 1st. Ensco’s dividend payout ratio (DPR) is currently -21.05%.

A number of equities analysts have recently commented on the stock. Nordea Equity Research reiterated a “buy” rating and set a $8.00 price target on shares of Ensco in a report on Saturday, September 30th. FBR & Co dropped their target price on shares of Ensco from $9.00 to $6.00 and set a “neutral” rating on the stock in a report on Friday, October 27th. Zacks Investment Research lowered shares of Ensco from a “hold” rating to a “sell” rating in a report on Monday, October 30th. ValuEngine upgraded shares of Ensco from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Finally, UBS Group upgraded shares of Ensco from a “neutral” rating to a “buy” rating and boosted their target price for the company from $6.00 to $8.00 in a report on Monday, September 25th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $8.24.

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Ensco 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)

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