Campbell & CO Investment Adviser LLC Has $597,000 Stock Holdings in The Pennant Group, Inc. $PNTG

Campbell & CO Investment Adviser LLC decreased its position in The Pennant Group, Inc. (NASDAQ:PNTG) by 46.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,672 shares of the company’s stock after selling 20,710 shares during the period. Campbell & CO Investment Adviser LLC owned approximately 0.07% of The Pennant Group worth $597,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in PNTG. Geode Capital Management LLC lifted its holdings in shares of The Pennant Group by 4.6% during the 2nd quarter. Geode Capital Management LLC now owns 832,481 shares of the company’s stock valued at $24,853,000 after purchasing an additional 36,357 shares in the last quarter. Belpointe Asset Management LLC acquired a new stake in The Pennant Group during the 2nd quarter worth approximately $211,000. Pinnacle Associates Ltd. acquired a new stake in The Pennant Group during the 2nd quarter worth approximately $1,104,000. Yorktown Management & Research Co Inc bought a new position in The Pennant Group in the second quarter valued at approximately $293,000. Finally, Ranger Investment Management L.P. boosted its holdings in shares of The Pennant Group by 56.6% in the second quarter. Ranger Investment Management L.P. now owns 304,925 shares of the company’s stock valued at $9,102,000 after buying an additional 110,175 shares during the period. Institutional investors own 85.88% of the company’s stock.

The Pennant Group Price Performance

Shares of NASDAQ PNTG opened at $30.00 on Thursday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.04 and a quick ratio of 1.04. The business has a 50-day moving average of $28.46 and a 200-day moving average of $25.93. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 40.00, a PEG ratio of 1.99 and a beta of 1.28. The Pennant Group, Inc. has a fifty-two week low of $21.18 and a fifty-two week high of $30.46.

The Pennant Group (NASDAQ:PNTG) last released its earnings results on Wednesday, November 5th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.01. The business had revenue of $229.04 million for the quarter, compared to analyst estimates of $221.96 million. The Pennant Group had a return on equity of 9.37% and a net margin of 3.15%.The Pennant Group has set its FY 2025 guidance at 1.140-1.180 EPS. As a group, sell-side analysts predict that The Pennant Group, Inc. will post 0.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PNTG has been the topic of a number of research analyst reports. Royal Bank Of Canada restated an “outperform” rating on shares of The Pennant Group in a report on Friday, December 19th. Wells Fargo & Company lifted their price target on The Pennant Group from $31.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, January 7th. Zacks Research cut The Pennant Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of The Pennant Group in a report on Monday, December 29th. Finally, Stephens restated an “overweight” rating and issued a $40.00 target price on shares of The Pennant Group in a research note on Thursday, October 9th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, The Pennant Group has an average rating of “Moderate Buy” and a consensus target price of $36.20.

About The Pennant Group

The Pennant Group (NASDAQ: PNTG) is a publicly traded holding company that provides specialized services to the asset management industry. Through its operating subsidiaries, the company delivers outsourced fund administration, securities lending, prime brokerage, and capital markets solutions designed to support hedge funds, private equity firms, mutual funds and other institutional investors. By leveraging a combination of technology platforms and industry expertise, The Pennant Group helps clients streamline middle- and back-office processes, enhance operational efficiency and manage regulatory requirements.

Key service offerings include fund accounting and reporting, trade settlement and reconciliation, risk monitoring, securities lending programs and execution support across a range of asset classes.