Deutsche Bank AG Acquires 17,941 Shares of Enhabit, Inc. (NYSE:EHAB)

Deutsche Bank AG raised its holdings in Enhabit, Inc. (NYSE:EHAB) by 8.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 242,999 shares of the company’s stock after acquiring an additional 17,941 shares during the quarter. Deutsche Bank AG owned approximately 0.48% of Enhabit worth $1,898,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of EHAB. Quantbot Technologies LP purchased a new stake in shares of Enhabit during the fourth quarter valued at $45,000. Corient Private Wealth LLC bought a new position in Enhabit in the 4th quarter worth about $79,000. Quarry LP grew its stake in Enhabit by 692.6% in the 4th quarter. Quarry LP now owns 10,811 shares of the company’s stock worth $84,000 after acquiring an additional 9,447 shares in the last quarter. Stoneridge Investment Partners LLC increased its position in shares of Enhabit by 22.6% during the fourth quarter. Stoneridge Investment Partners LLC now owns 12,533 shares of the company’s stock worth $98,000 after acquiring an additional 2,308 shares during the period. Finally, Boothbay Fund Management LLC bought a new stake in shares of Enhabit during the fourth quarter valued at approximately $106,000.

Enhabit Stock Down 0.4%

Shares of Enhabit stock opened at $10.22 on Friday. Enhabit, Inc. has a 1 year low of $6.85 and a 1 year high of $10.79. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.46 and a quick ratio of 1.46. The stock has a market cap of $517.31 million, a price-to-earnings ratio of -4.40 and a beta of 1.61. The firm’s 50-day moving average is $8.70 and its two-hundred day moving average is $8.30.

Enhabit (NYSE:EHAB) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.03. The firm had revenue of $259.90 million for the quarter, compared to the consensus estimate of $266.11 million. Enhabit had a negative net margin of 11.24% and a positive return on equity of 1.67%. As a group, research analysts expect that Enhabit, Inc. will post 0.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Enhabit Company Profile

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.