Dynamic Technology Lab Private Ltd Makes New $663,000 Investment in The Pennant Group, Inc. $PNTG

Dynamic Technology Lab Private Ltd acquired a new position in shares of The Pennant Group, Inc. (NASDAQ:PNTG) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 26,290 shares of the company’s stock, valued at approximately $663,000. Dynamic Technology Lab Private Ltd owned 0.08% of The Pennant Group as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the company. State of Alaska Department of Revenue bought a new position in shares of The Pennant Group during the third quarter worth approximately $54,000. Tower Research Capital LLC TRC lifted its holdings in The Pennant Group by 161.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,987 shares of the company’s stock worth $119,000 after purchasing an additional 2,463 shares during the last quarter. AlphaQuest LLC bought a new stake in The Pennant Group in the 3rd quarter valued at $137,000. ProShare Advisors LLC acquired a new position in The Pennant Group in the 2nd quarter valued at $207,000. Finally, Police & Firemen s Retirement System of New Jersey grew its holdings in The Pennant Group by 13.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 7,922 shares of the company’s stock valued at $236,000 after buying an additional 953 shares in the last quarter. Institutional investors own 85.88% of the company’s stock.

Wall Street Analyst Weigh In

PNTG has been the subject of a number of research reports. Weiss Ratings raised The Pennant Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Wells Fargo & Company raised their price target on shares of The Pennant Group from $31.00 to $38.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Wall Street Zen raised shares of The Pennant Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. William Blair began coverage on shares of The Pennant Group in a report on Monday, December 8th. They issued an “outperform” rating for the company. Finally, Truist Financial upgraded shares of The Pennant Group from a “hold” rating to a “buy” rating and increased their target price for the stock from $28.00 to $34.00 in a research report on Tuesday, December 2nd. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.60.

The Pennant Group Stock Performance

NASDAQ:PNTG opened at $34.44 on Tuesday. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 41.49, a PEG ratio of 2.33 and a beta of 1.23. The Pennant Group, Inc. has a fifty-two week low of $21.73 and a fifty-two week high of $35.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a fifty day moving average price of $30.40 and a 200-day moving average price of $27.56.

The Pennant Group (NASDAQ:PNTG) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $289.32 million for the quarter, compared to analysts’ expectations of $275.20 million. The Pennant Group had a return on equity of 10.10% and a net margin of 3.12%.The Pennant Group has set its FY 2026 guidance at 1.260-1.360 EPS. As a group, equities analysts anticipate that The Pennant Group, Inc. will post 0.75 EPS for the current fiscal year.

The Pennant Group Profile

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.